NFTs and Legal Challenges Ahead Blockchain, cryptocurrency, non-fungible tokens... New technological solutions are going mainstream in different fields of our lives. What are NFTs in the art market and what legal challenges do they imply?
NFTs – Digital Certificate, License of Use, Ownership NFT technology facilitates the interaction with digital products. It also makes the virtual world more transparent and democratic in which digital creators gain direct access to consumers, bypassing institutions and national borders. However, the NFTs creators and buyers perceptions do not necessarily meet the legal reality. For those just getting into minting NFTs and looking to figure out how to market and advertise their NFTs, for those who aims to invest in these digital assets, both you are in the right place. This briefing will give you an initial insight into the NFT’s life cycle and the legal implications associated with their creation, marketplace transactions and ownership.
Interview with CEO of CoArt, Mr.Dimitri Sloboda Blockchain technology and NFTs are actively developing and taking on art market. We had a chance to talk to a market newcomer, who is to launch its marketplace of art objects based on the latest technological solutions - CEO of CoArt, Mr.Dimitri Sloboda (DS).