Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Unconfirmed: Legal Issues With NFTs: Would a Fractionalized Mona Lisa Be a Security? - Ep.287

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Sinopsis

At Non-Fungible Castle 2021, an NFT exhibition in Prague, four NFT experts discuss the legal implications of NFTs. Guests include Jonathan Victor, product/business development at Protocol Labs; Louis Baudoin, advisor at Monax; Diana Stern, product counsel at Stripe; and Shant Marootian COO at Fractional.art. Show highlights: what users are receiving with the purchase of an NFT how the terms of service for different NFT marketplaces change NFT rights how on-chain storage and off-chain storage affects NFT ownership what rights do creators need to mint an NFT what recourse creators have if someone mints their art as an NFT and profits from it whether NFT marketplaces should respect NFT royalty standards on resales how NFT marketplaces could make it easier for creators to clarify licensing and royalty standards whether NFTs should be regulated under existing laws and what gaps in regulation need to be filled when an NFT should be considered a security how different jurisdictions may work together to re