Transcript
Introduction
Eric
This is Eric Golden and my guest today is Jessica Neer McDonald, an attorney focused on intellectual property rights and the Head of Global Trademark Services at Midjourney. The rise of NFTs an AI-generated artwork has opened up all sorts of interesting questions about IP and ownership.
Jess is my go-to knowledge base for this topic. In this episode, Jess takes us through the nuances of IP law and how it might apply in Web3. We discuss major NFT lawsuits like Yuga Labs, Hermès and Nike and the precedent they set in this transition from physical to digital property rights. Finally, we talk about AI art and its opportunities and unique challenges. Please enjoy my conversation with Jessica Neer.
Eric
Jess, I think that when I talk to people about Web3 and NFTs, smart contracts, especially two years ago, you'd be in a conversation inevitably someone is a lawyer, for some reason, many people in my life are lawyers and they will start asking questions about precedent. So you have this picture of a Bored Ape. Do you actually own it? What could you do with it? And I've always been fascinated in this idea of intellectual property in general, but specifically with Web3, NFTs and smart contracts.