Pokémon Company Sues Australian Firm Over NFT Game: Details

Pokémon Company Sues Australian Firm Over NFT Game: Details

The Pokémon Company International is suing Kotiota Studios for publishing NFT games and Web3 projects featuring the well-known cartoon characters. After Kotiota Studios began to publicize an NFT game featuring Pokémon characters, the situation was precipitated. The parent company of Pokémon Pty Ltd, the company that created the NFT game, is Kotiota Studios. The development has been verified by the Pokémon Company International’s official legal filings.

While not an officially designated contractor, Kotiota Studios has allegedly been connected to other related games including Pokémon Scarlet and Violet as well as Pokémon Home, according to The Pokémon Company International. PokéWorld is its newest video game release.

“Applicant seeks to restrain respondents and related entities from representing licence to develop Pokémon Games or affiliation with Pokémon Company International, Inc and/or the Pokémon brand—where applicant seeks to restrain the respondent from using any name or word which is misleading,” the Pokémon Company International stated in a legal filing.

In 1996, Japanese cartoonist Satoshi Tajiri launched the Pokémon franchise, which features fantastical animal characters with superpowers. A cult following exists for the franchise, which is currently run by the Pokémon business.

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No official NFTs featuring Pokémon characters have yet been released, according to the business.

Due to their ownership of the Pokémon trademarks, The Pokémon Company International has a strong legal argument.

The case’s initial hearing was set for December 21. Vooks.net reports that representatives from the Pokémon corporation attended, but no one from Kotiota Studios was present. The specifics of this case’s proceedings are still unknown at this time.

Built on blockchain networks, NFTs, or non-fungible tokens, are digital valuables. Due to their price sensitivity, unauthorised NFTs might expose consumers to fraud or even greater financial dangers.

Justin Bieber, Eminem, Snoop Dogg, and Paris Hilton were among the 19 celebrities who were forewarned against endorsing NFT initiatives without disclosing their connections to the initiatives back in August.

The Truth in Advertising (TINA.org) had been in touch with the stars to inquire about their NFT affiliations.

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