Thu, 28 April 2022
Non-fungible tokens (NFTs) are the hot craze. While the initial coin offering ("ICO") craze of 2017-2018 fizzled out in the face of government enforcement actions, a resurgence in the global market for bitcoin and the new category of NFTs is fueling a new boom in digital assets as mainstream interest increases. Recently, Christie's became the very first major auction house to offer a fully digital work. Internet celebrity Logan Paul made over $5 million selling NFTs. Musician Post Malone invited fans to play beer pong with him if they bought an NFT.
Thomson Reuters recently hosted a two-day conference discussing risks and rewards for digital assets such as cryptocurrencies and NFTs.
Louis Lehot of Foley & Lardner discusses some common legal considerations when launching an NFT marketplace, including documentation you need, intellectual property and other legal considerations, as well as overarching legal implications of this new technology.
Direct download: What_to_Know_About_Setting_Up_an_NFT_Marketplace.mp3
Category:general -- posted at: 8:00am EST
Thu, 7 April 2022
Cryptocurrencies such as bitcoin, Ethereum and dogecoin saw a record $9.3 billion inflow in 2021. Governments and regulatory bodies are racing to keep up with explosion of cryptocurrencies, associated marketplaces and exchanges, and other digital assets such as NFTs. Thomson Reuters is hosting a two-day exploration of risk and reward for the global crypto community. Will anticipated oversight bolster or derail palpable momentum heading into 2023?
The conference, which will be conducted both in-person and online, features expert from across corporate, legal, tax, and regulatory realms who will offer comprehensive guidance for both casual observers and industry veterans alike. The event will take place April 14 & 15, and registration is free at: https://www.thomsonreuters.com/en-us/posts/events/manifest-destiny-risk-opportunity-reward-around-digital-currencies/
Co-chair of the conference, Bradford Newmann, partner at Baker McKenzie, and Chair of the AI & Blockchain Subcommittee of the ABA, discusses some of the topics that the conference will address.