Pokemon Company International and Pokemon Pty Ltd are engaged in a legal dispute over the Australian business's use of the original version's trademark in their NFT collection game, which is based on it.
A play-to-earn game that Kotiota Studios recently released is reported to be inspired by one of its own franchises.
The Pokemon Company has countered that the Australian company is not allowed to use the word "Pokemon" in its game or game branding because it would mislead players. Regarding the use of the aforementioned word, the corporation is requesting damages as well as an injunction. The business has also tried to have any materials connected to the NFT game destroyed. Kotiota Studios will probably need to take all of the promotional and advertising content down.
Players can exchange critters in the online game Pokeworld thanks to the NFT system. With the original version, this is not the case. Nintendo and The Pokemon Company have never stated that they intend to use non-fungible tokens to support their game.
Currently, Kotiota Studios is making an effort to enter the NFT gaming market. In order to grow together in the future, the gaming and NFT sectors have partnered. The ability to possess and exchange virtual goods with other players is provided when the virtual world is integrated. They also have the choice to keep the NFT.
The lawsuit serves as evidence of the pressing necessity for intellectual property protection as the NFT industry expands.
The case's progress is the focus of attention. It does serve as a reminder to others in the sector that they should exercise prudence when using their branding and marketing strategies.
Pokemon still attracts attention despite the lawsuit. If NFTs will be used in the actual launch is yet unknown according to the official website. Until then, it keeps bragging that NFT will power the game and let gamers buy and sell virtual creatures.
After the Australian company declared it was getting ready to release its NFT game, the plan to initiate a lawsuit was made public recently. The value of the Japanese animated series is billions. The original edition of the game is seriously threatened by the development and release of PokeWorld.
Pokemon Pty claims to have collaborated with the foreign business on a number of initiatives, including Pokemon Violet, Pokemon Scarlet, and Pokemon Home. The unfinished project is called Pokemon Sleep.
A request to remove the content is made despite the website's presence. The Pokemon Company has filed a lawsuit with the federal court asking that the Australian business not violate its trademark.
The game would not be released if the Pokemon Company wins the legal battle because Kotiota Studios would be unable to do the required actions due to legal restrictions. The first hearing took place on December 21, 2022, although no studio representatives were present.