Hermès Fashion House Orders Removal of MetaBirkin NFTs  By DailyCoin



Hermès Fashion House Orders Removal of MetaBirkin NFTs

Hermès has sent a cease and desist letter to Mason Rothschild, the digital artist that created the MetaBirkin NFTs in collaboration with artist Eric Ramirez. The virtual bags resemble famous Birkin bags produced by fashion brand Hermès.

The MetaBirkins collection consists of 100 unique NFTs. The bags feature extraordinary materials and patterns, lively colors, and artsy designs. To date, the highest priced sale of one such digital bag was $45.1K, with total sales standing at $1.1M.

Hermès alleges that the digital artist used the brand’s name without their authorization, and consumers could be confused by the Birkin trademark. MetaBirkins have no association with Hermès Birkin Bags whatsoever, despite their NFT counterparts bearing stark resemblance to the real articles.

Mason Rothschild posted an open letter to Hermès, the whole community, and Opensea, the NFT marketplace that removed MetaBirkins from the platform.

The artist believes that he has a right to produce his art and that the NFTs are “a playful abstraction of an existing fashion-culture landmark.”

View this post on Instagram A post shared by MetaBirkins (@metabirkins)

On the Flipside

  • Hermès has not yet filed a suit against Rothschild, but time will follow the artist’s open letter.
  • Fashion brands are contemplating officially joining the metaverse, as unauthorized use of their branded products continues to emerge.
  • Due to copyright issues, OpenSea recently banned over $2 million worth of ‘Phunky Ape Yacht Club‘ NFTs that carried images of Bored Ape Yacht Club NFTs.

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Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Hermès Fashion House Orders Removal of MetaBirkin NFTs

Hermès has sent a cease and desist letter to Mason Rothschild, the digital artist that created the MetaBirkin NFTs in collaboration with artist Eric Ramirez. The virtual bags resemble famous Birkin bags produced by fashion brand Hermès.

The MetaBirkins collection consists of 100 unique NFTs. The bags feature extraordinary materials and patterns, lively colors, and artsy designs. To date, the highest priced sale of one such digital bag was $45.1K, with total sales standing at $1.1M.

Hermès alleges that the digital artist used the brand’s name without their authorization, and consumers could be confused by the Birkin trademark. MetaBirkins have no association with Hermès Birkin Bags whatsoever, despite their NFT counterparts bearing stark resemblance to the real articles.

Mason Rothschild posted an open letter to Hermès, the whole community, and Opensea, the NFT marketplace that removed MetaBirkins from the platform.

The artist believes that he has a right to produce his art and that the NFTs are “a playful abstraction of an existing fashion-culture landmark.”

View this post on Instagram A post shared by MetaBirkins (@metabirkins)

On the Flipside

  • Hermès has not yet filed a suit against Rothschild, but time will follow the artist’s open letter.
  • Fashion brands are contemplating officially joining the metaverse, as unauthorized use of their branded products continues to emerge.
  • Due to copyright issues, OpenSea recently banned over $2 million worth of ‘Phunky Ape Yacht Club‘ NFTs that carried images of Bored Ape Yacht Club NFTs.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7]
You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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