From digital artwork to music and even tweets, non-fungible tokens (NFTs) are becoming increasingly prevalent for digitally establishing provenance, ownership, and transfers of assets. While NFTs have thus far been associated primarily with digital collectables (and no shortage of shockingly large-value transactions), an emerging application for NFTs is for establishing ownership and transfer of intellectual property (IP) rights, including patent rights. But are NFTs a fad, or is it really time to retire that dusty old patent assignment document?