Rothschild Reproaches Hermes Regarding the Trademark Decision Over MetaBirkins NFT’s

Rothschild Reproaches Hermes Regarding the Trademark Decision Over MetaBirkins NFT’s

https://youtu.be/u4HOF8_zaZM

Mason Rothschild, the creator of MetaBirkins, conveyed his discontent with the trademark decision made on his high-potential NFT, which had the prospect of becoming a landmark. Rothschild made harsh statements regarding the Manhattan federal jury’s decision, which concluded that he had violated the trademark rights of the French company Hermès.

Their “Truth” is Indisputable, Mason Rothschild States

The twist is that whatever they say will suddenly become the unquestionable truth, Mason Rothschild stated in a long Twitter post. “Take nine individuals off the street right now and ask them to tell you what art is, but the kicker is whatever they say will now become the undisputed truth,” he exclaimed. He advocated that a billion-dollar luxury clothes brand claimed to “care” about art and artists by taking down his NFT and demanding compensation from him via this unjustified trademark decision.

On Wednesday, the Manhattan jury determined that the MetaBirkins NFTs do not fall under the First Amendment’s protection of free expression. It ruled for Rothschild to pay Hermès $133,000 in damages for trademark infringement. The lawsuit and this trademark decision could have a long-lasting effect on the non-fungible token market. Many designers frequently copy graphics or iconography from well-known works of certain individuals and intellectual property.

Their “Truth” is Indisputable, Mason Rothschild States

Who Could Decide What is Art and Who is an Artist?

The famous and classic Birkin handbag, which has appeared in TV dramas like “Sex and the City,” was turned into blockchain-enabled digital replicas by Mason Rothschild. One of those unique bags can cost about hundreds of thousands of dollars in its physical form. According to The New York Times, Rothschild has earned approximately $125,000 from the NFTs.

Additionally, the NFT artist said on Twitter that the premium brand pursued him, and the jury ruled against him regarding the trademark decision since he lacked a traditional creative background. They believe they are entitled to choose what constitutes art and who is an artist, added Mason Rothschild. For him, the artists are condemned and pursued not because of their works but rather because their resumes don’t scream “artist” with a background from a prestigious art school.

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