Leading US-based sportswear company Nike has sued StockX, the online seller of unlicensed NFT sales of its sports shoes, for trademark infringement.
Reuters‘Fame 3 February According to the news dated Nikeshoes with your own logo unlicensed NFT sales by doing in trademark infringement he claims to have StockX‘to in New York federal court sued. Nikeundisclosed some compensation and stop sales demanded. StockX‘s NFTs of Nike sneakers January It reportedly started selling in May and has promised customers that they will be able to use the physical version of the sneakers in the near future.
50 page complaint StockX‘of, Nearly 500 sneakers NFT with Nike brandwho said that he damaged his reputation by selling Nike that the sneaker NFTs that are also on sale “uncertain terms of purchase and ownership” with to high prices claimed to have been sold.
Approximately 3.8 billion dollars StockX, which is estimated to be worth the of nine premium Nike sneakers formed to physical assets connected ‘The Vault‘ NFT continues to sell its collection.
Saying that NFTs are a way for brands to interact with their customers, Nike said that some of the industry’s most famous trademarks abuse your goodwill He stated that he tried to use these trademarks to market his virtual products and to gain unfair profits without permission.
