Author : Mark
Date : Jan 04,2023
Pokéworld promotes itself as an NFT-powered game where users may purchase and sell virtual animals.
The Australian firm Pokémon Pty Ltd was sued by The Pokémon Company International for trademark infringement in relation to the NFT game Pokéworld. Recently, the Kotiota Studios-affiliated business debuted the play-to-earn game. The Pokémon Company, however, argues that the NFT game and its own franchise are too similar to each other.
Why is the Australian f=Firm being sued by The Pokémon Company?
In order to prevent Kotiota Studios from using the Pokémon name in connection with the game, The Pokémon Company is requesting damages and an injunction. Additionally, the Pokémon NFT suit demands that all game-related materials be destroyed. They also demand that all promotional and advertising content be taken off from all platforms.
On the other hand, Pokéworld promotes itself as an NFT-powered game where users may purchase and sell virtual animals. However, it's unclear from their official website how big of a part NFTs will play in the game's finished product. Even after this Pokémon NFT litigation, it seems Kotiota Studios is still trying to capitalize on the current enthusiasm for NFTs among investors and gamers.
There has been some talk about Pokéworld in the gaming and cryptocurrency sectors. However, neither Nintendo nor The Pokémon Company have made any plans to incorporate non-fungible tokens (NFTs) into their own games. In recent years, these NFTs have grown in popularity as a means for artists and content producers to sell their digital treasures. They are traded and sold on blockchain platforms.
The Pokémon Company's legal action against Kotiota Studios serves as a reminder of the value of intellectual property protection. In the digital age, where it can be simpler for others to copy popular franchises, this is especially crucial. Although the outcome of the Pokémon NFT lawsuit is still uncertain, it serves as a caution for businesses to carefully evaluate the potential legal ramifications of their branding and marketing efforts.