Everything about IP and Non-Fungibility: The Intersection of Intellectual Property

Krista Kim Artist, Krista Kim Studios.

NFTs short for non-fungible tokens are the headlining acronym at this year's Art Basel and Miami Art Week. With more than a dozen events across the city incorporating these fashionable digital possessions into their programs in one way or another, the name "NFT Basel" has now ended up being highly desired, if not a little apparent, for branding functions.

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The organizers of an event called NFT BAZL (pronounced bah'- zel) state the organizers of an occasion called NFT BZL (likewise pronounced bah'- zel) have benefited off their brand's name to strengthen presence. As a result, NFT BAZL's camp says, it lost out on numerous sponsors and guests. "It's truthfully quite cheesy what they've done to copy our name and motto," NFT BAZL founder Ori Ohayon tells New Times.

NFT BAZL's motto is "Bridging the gap in between the real world and the blockchain," whereas NFT BZL's is "Where art meets technology." A spokeswoman for NFT BZL rejected any copycatting and decreased to comment even more. Ohayon says he reached out to organizers of the NFT BZL event numerous times but that his attempts have gone unanswered.

NFT Events You Should Check Out for 2021

Top Guidelines Of How NFTs Reshaped the 2021 Art Basel and Miami Art Week

Artist conception. Wan na purchase an NFT? Illustration via Imgflip NFT BAZL's claim aside, it's worth noting that despite the fact that the events both include NFTs during Miami Art Week, they are not alike. The aggrieved NFT BAZL, which bills itself as a "leading NFT market" and leads traveling digital-art galleries, stamped its NFT Basel flag in the Miami Beach sand during the Bitcoin 2021 conference in June, when it staged the "world's very first physical NFT gallery" at the Temple House.

NFT BZL (the declared copycat) is a one-day TED Talk-style conference that was held on Tuesday, November 30. Attendees heard from more than 50 prominent speakers, consisting of the tutelary saint of crypto himself, Miami Mayor Francis X. Suarez.  More Discussion Posted Here , an effort to make Miami " the next fantastic Tech Hub," is listed as the occasion's cohost and sponsor.