For those interested in the IP implications of the NFT phenomenon, the jury’s verdict in the Hermes case is a clear rejection of the idea that NFT projects are somehow immune from the same IP rules that other businesses and artists have to follow. It is true that a lot of the commercial hype around NFTs has died down a lot after a disastrous 2022. At the same time, there remains plenty of money invested in the NFT space, and the chances for the sector to get hot again can’t be written off.
