NFTing Patents

…a bridge to be crossed but has its own special challenges.

The challenges include:

“According to Forbes, in 2014, 95 percent of the 2.1 million active patents weren’t licensed or commercialized: they didn’t generate any money. The value of your invention is completely in your hands.”

There is also the difference between independent inventors and corporations. Offensive: Independent inventors seek to commercialize their patents, but this can take many years.
Defensive: Corporations often use patents as fillers and not necessarily to commercialize.

“The validity of a United States patent can be challenged in federal court litigation. … In IPRs and PGRs, the challenger and the patent owner both participate, and the proceedings are handled by the Patent Trial and Appeal Board (PTAB).”

To paraphrase: There are unknown unknowns and especially in our litigious business world even the deterministically known becomes unknowable.

A notable difference to the NFT art is that the current generation of NFT art gets its valuation and use purposes within the digital world while the patents from the analog-physical world.