Intellectual Property and Law in the Emerging Web3 with Peter Willsey

In this episode, Jay speaks with Peter Willsey of Brown Rudnick, and Roanie Levy of Access Copyright. They discuss the challenges of emerging technology, law, and intellectual property. Peter Willsey shares his optimism about the future of blockchain and advises best practices for buying and selling NFTs. He talks about anonymity and decentralization in Web3 and how it makes enforcing laws challenging. He also discusses the need to educate legislators so that alternatively congress can focus on how to better enforce the current laws versus creating new laws.

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Brown Rudnick Links:

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Brown Rudnick’s Facebook: https://www.facebook.com/profile.php?id=100063607070014 

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Brown Rudnick’s LinkedIn: https://www.linkedin.com/company/brown-rudnick/ 

Brown Rudnick’s Twitter: https://twitter.com/brownrudnickllp   

 

Guest Socials:

Peter Willsey’s LinkedIn: https://www.linkedin.com/in/peter-willsey-530160189/ 

About Guest

 

Peter Willsey is a partner in the Firm’s Intellectual Property Practice Group and the Global Chair of the Trademark, Copyright & Advertising Practice Group, based out of the Washington, D.C. office. His practice is split between (1) the selection of company and product names, the development of comprehensive trademark and branding strategies, and formulating strategic approaches for the licensing and enforcement of intellectual property rights, and (2) serving as lead counsel in trademark, copyright and false advertising cases in federal courts and before the U.S. Patent & Trademark Office. Peter is recognized by Chambers USA in the District of Columbia Intellectual Property: Trademark, Copyright & Trade Secrets category. In the 2022 guide, clients have commented that he is “a rock star” and that he “accomplishes one of the rarest feats in our world: “He makes everything easy for us.”

You’ll learn about:

• Challenges of emerging technology, law, and intellectual property
• Current gaps in law and the biggest misconceptions concerning NFTs
• Congress and looking ahead to future challenges of the blockchain 
• Peter’s current views on the NFT market and how embedding royalties clauses within the smart contract are possibly the path forward

Timestamps

[0:44 - 2:50] Jay’s Intro

[2:50 - 3:48] Roanie’s Intro

[3:48 - 9:00] Peter’s Background

[9:00 - 19:12] Challenges of emerging technology, law, and intellectual property

[19:12 - 24:03] Enforcing the law in Web3

[24:03 - 30:02] NFTs in the world of law

[30:02 - 39:32] Use case examples

[39:32 - 42:32] Educating legislators

[42:32 - 46:26] Future challenges

[48:39 - 52:54] View on the current NFT market

[52:54 - 57:22] Best practices for buying and selling NFTS

[57:22 - 58:10] How to contact Brown Rudnick

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allows for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.