The High Court ruled last week that NFTs are now to be considered legal property, marking a significant step forward for victims of NFT theft, who will now be more confidently able to apply for an injunction when finding that their NFTs have been misappropriated.
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Over the course of a mere 24 hours, NFT (non-fungible token) artist FEWOCiOUS has sold a staggering $19 million (£14.5 million) of his digital artwork. The limited public sale is the third-highest grossing in the history of the NFT marketplace Nifty Gateway.
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On 23 March, Europe’s first NFT advisory service and physical gallery – Quantus Gallery – will open its doors to the public. The gallery, which will display its collection for sale on Samsung TV screens, aims to guide collectors through the tricky process of identifying good investments in the NFT art world.
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Art Law & More 