Patenting Strategies For Nonfungible Token Technology

By Eric Sophir and Matthew Horton (March 25, 2021, 3:03 PM EDT) -- Intellectual property lawyers are attracted to shiny new toys, and we contemplate strategies for how to protect new technologies.

Nonfungible tokens, or NFTs, have been making headlines in the last few weeks with their enormous valuations. Based on our experience with NFTs and blockchain innovations, the patent lawyer side of our personalities rushed to consider how to best protect these innovations. We even contemplated a few new inventions involving the use of NFTs as we wrote this article.

There are some challenges to protecting NFTs themselves, though technology utilizing NFTs may be patentable. Below are some considerations for preparing and prosecuting...

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