Transcription of NON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACT
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NON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACT
NON-FUNGIBLETOKENS: THE GLOBAL LEGAL IMPACTJUNE 20212 CLIFFORD CHANCENON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACTNON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACTThe market for NON-FUNGIBLE tokens (NFTs), or cryptoassets representing proof of title to a unique digital version of an underlying asset, has soared. In the sports and digital arts sectors, recent NFT issuances have sold out in seconds, netting their creators millions. Subject to limitations in any relevant jurisdiction, NFTs have the potential to facilitate new revenue streams by establishing new forms of digital property, act as new channels for businesses and digital creators to reach customers, fans, and audiences and/or enable the monetisation of physical NFT issuance is growing rapidly globally, the LEGAL and regulatory treatment of NFTs continues to evolve.
NON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACT NON-FUNGIBLE TOKENS: THE GLOBAL LEGAL IMPACT The market for non-fungible tokens (NFTs), or cryptoassets representing proof of title to a unique digital version of an underlying asset, has soared. In the sports and digital arts sectors, recent NFT issuances have sold out in seconds,
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