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

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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 regulate NFTs why money laundering is a problem for NFTs how a DAO could go about owning an NFT or IP what would happen to NFTs and DAOs if Ethereum were to suffer a hard fork again why DAOs should stay compliant with traditional regulations how to improve licensing and industry standards for NFTs whether NFTs should be considered as financial objects what would happen if a museum fractionalized the Mona Lisa
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Episode Links:

Non-Fungible Castle 2021
Website: https://www.nfcastle.com/ Conference recordings: https://www.nfcastle.com/conference Twitter: https://twitter.com/nf_castle  Tweet thread of Laura’s experience at NFCastle 2021:  https://twitter.com/laurashin/status/1449731658928824320
Jonathan Victor
LinkedIn: https://www.linkedin.com/in/jonathan-victor-69a44255  Louis Baudoin
LinkedIn: https://www.linkedin.com/in/lou-baudoin-5b847a151/  Twitter: https://twitter.com/MerkleData  Diana Stern
Linkedin: https://www.linkedin.com/in/dianajstern  Shant Marootian
LinkedIn: ​https://www.linkedin.com/in/smarooti/
1:09:01
Publication year
2021
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