Non-Fungible Tokens (NFTs): Emerging Legal & Policy Considerations
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Product description
Non-fungible tokens (NFTs) are blockchain-based assets which represent a paradigm shift in what it means to own physical or digital property. NFTs have a large range of applications, from ownership of digital art, to membership in an exclusive “metaverse” community, to representing ownership of real-world assets like real estate. Surprisingly, however, there is currently no legislation and almost no guidance from regulators in Canada relating to NFTs.
Non-Fungible Tokens (NFTs): Emerging Legal & Policy Considerations is a must-read for legal practitioners and policy makers seeking to understand the technology that underpins NFTs as well as the cutting-edge legal issues they present.
Topics Covered
- Blockchain technology
- Smart contracts
- Non-fungible tokens (NFTs)
- Cryptocurrency
- Decentralized Autonomous Organizations (DAOs)
- Intellectual property (IP)
- Consumer protection
- NFT theft
- Royalties
- Securities law
- Taxation
- Privacy
- Emerging issues
- The “Code is Law” Argument
- Soulbound Tokens
In addition to featuring real-life case studies, Non-Fungible Tokens (NFTs): Emerging Legal & Policy Considerations also includes discussions and subsections relating to contract law principles and anti-competitive practices.
Who Should Read This Book
- Legal practitioners and advisors who are providing solicitor or consulting services relating to NFTs including for start-ups who wish to launch an NFT
- Litigators seeking to understand emerging causes of action related to NFTs
- Government lawyers and policy makers who draft proposals and laws around NFTs
- Finance management professionals who deal with NFTs or advise on NFTs
- Law schools and libraries who require a general reference on the law of NFTs
Table of contents
Chapter 1: Introduction
§ 1.01 Overview
§ 1.02 Summary of Chapters
Chapter 2: Blockchain Technology, Smart Contracts and Non-Fungible Tokens (NFTs)
§ 2.01 Overview
§ 2.02 Blockchain Technology
§ 2.03 Smart Contracts
§ 2.04 Non-Fungible Tokens
Chapter 3: Intellectual Property
§ 3.01 Overview
§ 3.02 Copyright
§ 3.03 Trademarks
§ 3.04 Patents
Chapter 4: Consumer Protection
§ 4.01 Overview
§ 4.02 The Moonbirds NFT Case Study
§ 4.03 Consumer Contracts
§ 4.04 Consumer Fraud and Negligent Misrepresentation
Chapter 5: Theft
§ 5.01 Overview
§ 5.02 Cryptocurrency Wallets
§ 5.03 Nemo Dat Quod Non Habet
§ 5.04 Apportioning Blame in Cases of NFT Fraud and Theft
Chapter 6: Royalties
§ 6.01 Overview
§ 6.02 Forced Royalties and Anti-Competitive Practices
§ 6.03 Policy and Legal Arguments For and Against Royalties
§ 6.04 Achieving a Balance
Chapter 7: Securities Law
§ 7.01 Overview
§ 7.02 Investment Contracts
§ 7.03 Securitization Risk
§ 7.04 Securitization Risk Associated With NFTs
§ 7.05 Emerging Issues
Chapter 8: Taxation
§ 8.01 Overview
§ 8.02 Guidance on Taxation of Cryptocurrency and Digital Assets
§ 8.03 Taxation of NFTs
§ 8.04 Emerging Issues
Chapter 9: Privacy
§ 9.01 Overview
§ 9.02 The Problem of Identity
§ 9.03 Emerging Issues
Chapter 10: Emerging Issues
§ 10.01 Overview
§ 10.02 Legal Implementations
§ 10.03 Policy and Enforcement
Index