Nike is suing online reseller StockX for creating NFTs of Nike shoes and infringing upon its trademarks. The suit is yet another in a recent spate that are defining the limits of NFTs and IP laws. Nike claims that StockX's NFTs appear like a collection of Nike goods, and thus is using Nike's trademark to enrich itself.
👟 Nike Is Done Playing Nice
👟 Nike Is Done Playing Nice
👟 Nike Is Done Playing Nice
Nike is suing online reseller StockX for creating NFTs of Nike shoes and infringing upon its trademarks. The suit is yet another in a recent spate that are defining the limits of NFTs and IP laws. Nike claims that StockX's NFTs appear like a collection of Nike goods, and thus is using Nike's trademark to enrich itself.