What are the legal issues concerning Non-Fungible Tokens (NFTs)?

Fred Clark, Associate in the Art Law & More team and Satjivan Aujla, Associate in the Private Wealth team at Boodle Hatfield LLP were joined by Emily Gould, Senior Researcher at the Institute of Art and Law, to set out the main legal considerations concerning NFTs. The article looks at copyright, SMART contracts, money laundering, estate and succession planning and taxation.

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Christie’s becomes digital art pioneer with sale of NFT artwork

Christie’s is to become the first major auction house to sell a standalone NFT (Non-Fungible Token) work of art.

Everydays: The First 5000 Days’ (2021), a digital artwork by Beeple, will be auctioned online between 25 February and 11 March 2021. In a sign that Christie’s is charting new territory in the digital art market, it is offering Beeple’s work with an “unknown” estimate and bidding will start at US$100 (£72).

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