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Unchained

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

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 5 November 2021

⏱️ 71 minutes

🧾️ Download transcript

Summary

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   Thank you to our sponsors! Avado: ava.do Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021  Nodle: https://bit.ly/3AXGydJ    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/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.3

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0:25.0

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0:28.1

Teas and Seas Apply.

0:59.1

Hi all, before we begin, some quick announcements.

1:08.1

And a note about today's show.

1:10.1

First, just a reminder that the links for the weekly news recap

1:13.1

at the end of the show can be found in my Facebook Bulletin newsletter,

1:16.1

which is at LauraShinBulletin.com.

1:19.1

There you can find additional articles on news not available on the pod

1:23.1

or in my daily newsletter.

1:25.1

Be sure to subscribe today.

1:26.1

Second, my book, The Cryptopians, Idealism, Greed, Lies,

1:30.1

and the Making of the First Big Cryptocurrency Craze is available

1:33.1

for pre-order on Amazon, Barnes and Noble, Bookshop.org,

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