A jury in New York on Wednesday handed Hermès victory in its trademark lawsuit against MetaBirkin NFTs creator Mason Rothschild, a decision expected to set important precedents for how the law treats digital evidence based on blockchain. Rothschild must pay a total of $133,000 in restitution, which includes estimated profits he received from NFT sales … Read more
Early in the trial pitting Hermès against MetaBirkins creator Mason Rothschild, the legal team representing the French luxury house called a blockchain expert to the witness stand to explain non-fungible tokens, or NFTs. The explanation started out well enough, but eventually got so bogged down in technicalities that the judge, Jed Rakoff, stopped the proceedings. … Read more
Join us at The Times Center in New York City on March 22nd. Space is limited, therefore buy your ticket today. Can’t attend in person? The full summit will also be streamed live for BoF Professional All-Access members. Register now. Fashion technology will reach an inflection point this year as the development of artificial intelligence … Read more