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NON FUNGIBLE TOKENS (NFTs) ON PATENTS: A BREAKTHROUGH IN THE INTELLECTUAL PROPERTY REGIME?

The recent buzz around Non-Fungible Tokens (or NFTs) can be attributed to the sale of memes, photos, digital artwork and other audio-visual assets for millions of dollars. Not long ago, the CEO of Twitter, Jack Dorsey, sold the first-ever published tweet as an NFT for a whopping USD 2.9 million, while the renowned 'Disaster Girl' meme was sold as an NFT for about USD 500,000. The term 'Non-fungible' primarily refers to the novel and non-replaceable nature of a material. For instance,…

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