Businesses looking to get into the non-fungible token (NFT) space have a chance to reap some serious profit if they do it right. Rare NFTs can sell for tens of millions of dollars. In 2021, The Merge sold for $91.8 million on Nifty Gateway, making it the most expensive NFT to date. However, due to
Register Here A DAO (decentralized autonomous organization) is an online community that uses blockchain technology to function and transact toward a specific purpose or mission (e.g. an investment, global community service, or sending one lucky DAO member to the moon). In DAOs there are no hierarchies and no central control. DAOs also have no corporate
Are you considering forming or investing in a Decentralized Autonomous Organization (known in the cryptocurrency world as a “DAO”)? The purpose of this post is to consider DAOs in the broader context of cryptocurrency investment and the paradox around corporate form created by their very existence. I will also propose some domestic and international entity
On Wednesday, March 8, 2023 at 12 p.m. PST, Harris Bricken attorneys Paul Coble and Jonathan Bench will host a free, hour-long webinar on the intellectual property and international business fundamentals for blockchain entrepreneurs. This blockchain webinar will focus on the following: How does the use of intellectual property in web3 differ from web2? How
Harris Bricken attorney Jonathan Bench will be attending the Web3 Toronto Summit from March 1-2, 2023, at the Toronto Congress Centre. On Thursday, March 2nd, at 10:00 a.m. EST, Jonathan will be presenting on “Security and Data Protection on Blockchain.” He will be joined by blockchain experts Vandana Taxali (Artcryption) and Harrison Jordan (Harrison Jordan
Recently we have been drafting and reviewing NFT (non-fungible token)-related contracts for our clients. Some of our projects involved operating agreements for NFT companies and their owners. Others involved contracts for NFT companies with their investors or consultants. And because NFTs are intellectual property, we have also been involved in registering trademarks and preparing agreements
On Wednesday, March 8, 2023 at 12 p.m. PST, Harris Bricken attorneys Paul Coble and Jonathan Bench will host a free, hour-long webinar on the intellectual property and international business fundamentals for blockchain entrepreneurs. This blockchain webinar will focus on the following: How does the use of intellectual property in web3 differ from web2? How
The past two weeks have seen a flurry of proposed regulatory activity in cryptocurrency. Governments around the world are making a sustained push for regulation similar in form and scope to regulations in more traditional financial markets. Many are now wondering who will regulate my crypto, and how do they plan to regulate it? Who
In a sign of Web3’s mainstreamization, companies in the space are sponsoring soccer teams. For readers not familiar with the topic, soccer sponsorships are a really big deal. Spain’s Real Madrid gets €70 million a year from Emirates to display the airline’s name on their shirts. The Dubai-based airline, by the way, sponsors three other
In late 2022, Harris Bricken attorney, Jonathan Bench (Utah, USA), met with Olayimika Oyebanji, a DAO legal expert from Nigeria. The two lawyers talked about their early blockchain project experiences, DAOs and DAO projects on which they have worked, and the Web3 legal industry as a whole. Olayimika also provided unique insights into blockchain developments
