Nike has filed a lawsuit against an online reseller using unauthorized Nike shoe images in non-fungible tokens (NFTs). “Those unsanctioned products are likely to confuse consumers, create a false association between those products and Nike, and dilute Nike’s famous trademarks,” Nike alleges. Nike Sues Online Retailer Over NFT Sales Sneaker giant Nike filed a lawsuit […]

CloneX is an NFT collection of 20,000 algorithmically-generated 3D characters designed for metaverse interaction.  There have been some public statements conveying that traditional art, which once dominated the art world and people’s imaginations, is fading into everyone’s consciousness in the digital age. But based on current trends, it seems that traditional art is making a big […]

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Nike, a sportswear apparels behemoth, is engaging in a court battle with StockX, an online resale platform. The court battle revolves around an unlicensed non-fungible [...]