A trade secret is any information that gives a company a competitive advantage because it is not easily discernible or generally known. Trade secrets are unique types of intellectual property assets. as a company, you are not required to register your trade secrets,...
Knowing whether you should obtain a design patent is important. A design patent can give you a legal claim to protect your original design if you are an innovator. It also allows you to use and sell your design exclusively. Design patents give their creators the right...
If you have experienced copyright infringement, you have the right to pursue a lawsuit. However, you only have a limited time frame during which to file a claim. This legal principle is called the “statute of limitations.” Ensuring that you file a claim to enforce...
Businesses rely on trademarks to succeed in the social media-heavy marketplace. We instantly think of a company’s logo or slogan because the company has created a distinct trademark. Companies use trademarks consistently to increase their marketing success. Businesses...
If you are pursuing a patent, you may be wondering what an “article of manufacture” is. The United States Patent and Trademark Office has the authority to define the categories of patentable inventions, and it created an article of manufacture as a category. Federal...
Non-fungible tokens (NFTs) seem to be everywhere these days, from music to art and even toilet paper. Digital assets, including NFTs, have been selling like exotic Dutch tulips during the 17th-century tulip craze, sometimes for millions of dollars. Because they have...
Many people are shifting their investment strategies from traditional to digital wallets. Digital wallets can hold several different types of digital currency, including cryptocurrency. Cryptocurrency is an electronic currency form of dollar bills and coins that a...
NFTs are becoming more popular than ever. These digital assets represent real-world objects such as music, art, and videos on a blockchain. More artists are choosing to market and sell their NFTs with great success. NFTs use metadata and indemnification codes logged...
NFTs are one of the most popular types of cryptocurrency. As expected, the U.S. government has set its sights on a share of the profits from NFT sales. The market for nonfungible tokens has increased to $44 billion. Many creators of NFTs are not aware of the tax rates...
NFTs have been in the news more and more. An early demo recording made by Whitney Houston when she was 17 sold for $1 million at an NFT auction. The winner of the NFT song option gained personal access to this recording in their online vault, along with digital...