Luxury fashion giant LVMH sued over NFT patent tech for watches
A blockchain firm that makes NFT skins for watches is suing TAG Heuer for alleged patent infringement.
A company selling smartwatch face designs through non-fungible tokens has sued LVMH, accusing the luxury fashion conglomerate of patent infringement.
In a March 10 complaint filed to a Texas federal court, Watch Skins Corporation alleged that LVMH misappropriated its “pioneering NFT display technology.”
Watch Skins claimed it developed a unique system that allows users to display verified NFT artworks on smartwatches and holds multiple patents related to the technology.