Welcome to “This week in the metaverse,” where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips.
In a potential setback for the NFT space, French luxury brand Hermès triumphed in court over the NFT creator Mason Rothschild and his Birkin bag-eque collection MetaBirkins. While Harlow tried to argue that his NFTs—which look similar to Hermès signature handbag except with colorful fur instead of leather—were art protected by the First Amendment, the jury disagreed.
