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NFTs Blur the Traditional Line of Receipts and Products

Nike v. StockX LLC, alleging trademark infringement in connection with StockX’s issuance of NFTs featuring Nike sneakers. The plaintiff has a valid mark, and that the defendant is using that mark or a similar mark in a manner that is likely to cause consumer confusion. ....

New York , United States , Capitol Records , Redigi Inc , Us District Court , Southern District , Product Receipt Distinction Matters , First Sale , Nominative Fair Use , Fair Use , Traditional Distinction , Are Stockx , Distinct Virtual Goods , Nominative Fair , Second Circuit , Ikev Stockx Llc , Rademark Infringement Claim , Consumer Protection ,