MetaBirkins creator loses to Hermès in landmark NFT case
08-02-2023
NFTs on trial: MetaBirkins puts digital art to the test
19-01-2023
Rokas Tenys / Shutterstock.com
The trademark decision will shock a market built on selling digital artworks, finds Sarah Speight. Crowell & Moring | Withers & Rogers | Dickinson Wright | Knobbe Martens | Greenberg Glusker.
It’s a case that was much discussed, written about and awaited with bated breath. Finally, on February 8, the verdict was delivered.
Luxury fashion house Hermès emerged victorious as a nine-person jury deemed that digital artist Mason Rothschild had indeed infringed the trademarked Birkin bag with his MetaBirkins project.
Minting 100 unique NFTs will now cost Rothschild $133,000 in damages.
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MetaBirkins, Hermès, Mason Rothschild, NFTs, non-fungible tokens, copyright
