EUIPO’s approach to virtual goods and NFTs

Articles 22/08/2022

On the other hand, EUIPO considers that the term NFT on its own is not acceptable as it is treated as a unique digital certificate registered in a blockchain, which authenticates digital items but is distinct from those digital items, hence the type of digital item authenticated by the NFT must be specified.

There has been an exponential increase in the application for registration of trademarks for services in Metaverse and non-fungible tokens (NFTs).

Starting in 2023, the 12th Edition of the Nice Classification will enter into force and will incorporate the term “downloadable digital files authenticated by non-fungible tokens” in Class 9.

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