The company claimed that TAG Heuer encouraged its users to infringe on the patents by giving instructions for using the NFT display features. Watch Skins requested a trial and compensation for lost royalties and profit and a court order to prevent LVMH from further using the patented NFT tech. Continue readingNFT trading volume has tumbled 63% since DecemberDespite some positive regulatory developments and interest in the US, NFT trading volume momentum slowed in the first quarter of 2025. NFT trading volumes have dropped by over 60% since December 2024.
In other news, luxury fashion giant LVMH has been sued for NFT patent infringement, and NFT sales have tumbled by 63% since December 2024. Axie Infinity teases new Web3 game as NFT outlook turns positiveBlockchain gaming project Axie Infinity released a trailer for its new Web3 game Atia’s Legacy.
In addition, a Trump-owned company registered trademarks for an NFT marketplace. In a statement, Sky Mavis co-founder Jeffrey Zirlin told Cointelegraph that these are promising updates because they may further unlock the power of tokens. Continue readingLuxury fashion giant LVMH sued over NFT patent tech for watchesSmartwatch face design firm Watch Skins sued luxury brand LVMH and accused it of patent infringement.
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Author / Journalist: Cointelegraph by Ezra Reguerra
The story "Axie Infinity’s new Web3 game, LVMH sued over NFT patent: Nifty Newsletter" has 429 words across 22 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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