At Consensus, I talked to some of the people at the CFTC and I asked if they were planning to hire some people who were crypto/software experts in anticipation of the FIT21 bill passing. And they were like “Nooooo we can do the same market analysis we’ve been doing.” 🤦♂️
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Can’t wait to see everyone at Consensus tomorrow! Such an exciting time for this industry 🔥
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FIT21 passes in the House! A great day for crypto!!
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Who is revoking their Creative Commons license? Yuga? Unlike patents, copyrights, and trademarks which are rights against all parties, a CC0 is governed by contract law which is limited to the two parties in a contract.
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So even if it’s irrevocable once a party starts using their IP, they can revoke it at any time against parties who haven’t started to use their characters or code and thus haven’t entered into a contractual relationship with them.
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🚀 Today, the USPTO released crucial guidance on inventorship for AI-assisted inventions. Contrary to concerns, AI won't replace human inventors – it's about collaboration!
💡🤖 #AI #AIInnovation #USPTO #PatentLaw #Inventorship #TechGuidance #LegalTech
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But I’m not sure that’s what’s happening here. My guess is Yuga labs will maintain their CC0 but they can still monetize their IP without preventing others from using it and trying to monetize it in their ways.