The NFT sphere is a legal mess. Securities regulations and intellectual property issues are one big mindfuck and most degens don't have a clue as to what rights they actually have in their NFTs. We're trying to make sense of all that.
Think about it. If you are an NFT project - what is your core asset? Not your keys, not your community. Your intellectual property (IP). Typically this refers to the underlying art in your project. So, who owns it? What rights do they have? Was all IP properly assigned to whomever it's supposed to be assigned? Do your holders have any idea what rights they have, if any? If you don't know the answer to these questions, you have a problem. If you are a holder in a project and don't know the answers to these questions, you should start asking around. In any event, you are not alone.
Now obtaining legal support for your NFT project is as simple as minting an NFT. Literally.
The NFT sphere is a legal mess. Securities regulations and intellectual property issues are one big mindfuck and most degens don't have a clue as to what rights they actually have in their NFTs. We're trying to make sense of all that.
Think about it. If you are an NFT project - what is your core asset? Not your keys, not your community. Your intellectual property (IP). Typically this refers to the underlying art in your project. So, who owns it? What rights do they have? Was all IP properly assigned to whomever it's supposed to be assigned? Do your holders have any idea what rights they have, if any? If you don't know the answer to these questions, you have a problem. If you are a holder in a project and don't know the answers to these questions, you should start asking around. In any event, you are not alone.
Now obtaining legal support for your NFT project is as simple as minting an NFT. Literally.
Unique items
· 3
Total items
· 3,000
Created
· Jan 2023
Creator earnings
· 0%
Chain
Ethereum