NFT Pros and Cons: What Companies Need to Know
Non-fungible tokens (NFTs) are blockchain-based tokens that can represent almost anything in digital form, including physical assets. The NFT boom has caught many by surprise, but despite the hype, news stories and media attention, NFTs are not entirely new and present just another application of the same distributed ledger technology (DLT) that forms the foundation of the blockchain.
Webinar
Vanessa Petrea
Click here for the Powerpoint presentation.
As with any quickly evolving technology, NFTs present exciting and innovative opportunities for individuals or companies seeking to extend their brand into new arenas. While NFTs present alternative paths for companies to monetize a more traditional portfolio of assets, there are also challenges associated with NFTs that companies need to be aware of. In this webinar, we cover:
- An overview of NFTs and why they have gained momentum
- Intellectual property pitfalls to consider
- Securities implications and a discussion on whether NFTs will be regulated as a security
- Evolving issues such as regulatory concerns and the potential for costly litigation
Pillsbury Panelists
Robert B. Robbins
Partner
Carolyn S. Toto
Partner