NFTs

Bored Apes, Hermès Suits Foreshadow What Is Coming in NFT Claims

By Jana Farmer, John Cahill & Eian Weiner on January 31, 2023

Posted in Art Law, Intellectual Property

In June 2022, Yuga Labs Inc., the parent company of the Bored Ape Yacht Club non-fungible token collection, filed a federal lawsuit against artist Ryder Ripps, one of most vocal critics of the BAYC NFT project.

Ripps created his own NFT project around May 2022, which he called RR/BAYC, using online digital images from the BAYC NFT collection by generating new NFTs using URLs embedded in Bored Ape Yacht Club smart contracts.…

Continue Reading Bored Apes, Hermès Suits Foreshadow What Is Coming in NFT Claims

NFT Marketplace and DAO Partnership Shows Power and Complexities of DAOs in the Art World

By John Cahill on August 29, 2022

Posted in Corporate Governance, Crypto, DAOs, Intellectual Property, NFTs

Online non-fungible token (NFT) marketplace OpenSea recently collaborated with a popular decentralized autonomous organization (DAO), Friends with Benefits (FWB). As part of the project, OpenSea commissioned ten contemporary artists, who are members of the DAO, to create “phygital” (i.e., physical and digital) artworks that were featured on the marketplace’s homepage. The artworks were displayed both online and in real life at a FWB festival and conference in mid-August 2022.
Continue Reading NFT Marketplace and DAO Partnership Shows Power and Complexities of DAOs in the Art World

Jana FarmerPartner

Jana Farmer represents client interests in connection with matters involving copyright; sale and transfer of rights in artworks; protection of valuable creative assets; and general…

Jana Farmer represents client interests in connection with matters involving copyright; sale and transfer of rights in artworks; protection of valuable creative assets; and general commercial disputes and transactional matters. Jana provides reliable legal counsel to virtually all participants in the creation, licensing, sale, lending, gifting, merchandising and display of art. She is a member of the Board of Advisors for the Center for Art Law and an active member of the New York State Bar Association’s Entertainment Arts and Sports Section and its Fine Art Committee.

From updates on current litigation to art world happenings to emerging legislation affecting art and cultural heritage, Wilson Elser’s Art Law Perspectives blog features summaries of recent news reports on art law and art markets. As we introduce and offer commentary on related issues we invite our readers to enter into a dialogue with us, creating more balanced, roust and thought-provoking analyses.

When the art world makes headlines, it becomes clear just how important the field is to all of us, as evidenced by the National Law Review’s recognition of our blog through its editor, Jana Farmer, as a 2019 Go-To Thought Leader.

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NFTs

Bored Apes, Hermès Suits Foreshadow What Is Coming in NFT Claims

NFT Marketplace and DAO Partnership Shows Power and Complexities of DAOs in the Art World

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