The licensing landscape surrounding NFT images is highly fragmented. That is because, in the most popular NFT projects, owners of each unique image typically retain the right to commercialize that image and its derivative works (e.g., slightly manipulated versions for use in merchandise). Many of the licensors do not know how to go about licensing […]
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Linking Merchandise and the Metaverse
While there are a number of different potential objectives for marketers to step into the metaverse, one hope is often to use the effort to help drive purchases of traditional physical products. A growing number of brands, especially in the fashion industry, are experimenting with new ways to strengthen the link between digital and physical […]
More NFT IPs Jump Offline
Three leading NFT projects have made significant moves into the world of physical consumer products this fall: The most recent example is VeeFriends, which partnered with Toikido to create a line of plush and vinyl figures based on 10 of its characters. The products will be sold starting on October 17 through Toys ‘R’ Us […]
A Reality Check for Virtual Tokens
NFTs remain one of the hottest areas of interest in licensing, with announcements of deals across property types coming out daily. This month, however, a number of more negative news stories have popped up about NFT programs, including several involving licensed properties. NFTs remain an enticing, brand-new sector for IP owners to explore in their […]