The Business, Commercial and Bankruptcy Section of the Barristers Club and The Business Law Section presents
Non-Fungible Tokens ("NFTs") 101
A Primer on Spotting Legal issues
||Wednesday, August 3, 2022
||2:30 - 3:00 p.m.
||3:00 - 4:15 p.m.
Jason Crain, Smith Shapourian Mignano
Mark Janoff, Orrick
Michael Fluhr, DLA Piper
Jonathan Chan, WSGR
Peter Roldan, Emergent Law
Lindsey S. Mignano, Smith Shapourian Mignano
The NFT Handbook: How to Create, Sell, and Buy Non-Fungible Tokens,” Matt Fortnow and QuHarrison Terry define non-fungible tokens (NFTs) as a record of ownership of digital assets held on a decentralized database that’s very hard to falsify, or unique digital collectibles secured by the blockchain. The value of NFTs, they posit, is that they bring the art of collecting rare, one of a kind, status-enhancing items, online, comparable to a digital Mona Lisa.
Today, according to Law.com, the global market for NFTs reportedly hit over $40 billion in 2021. PRNewswire estimated that “[t]he non-fungible token (NFT) market size is expected to grow by USD 147.24 billion from 2021 to 2026.” What does that mean for corporate lawyers assisting their clients in creating, buying, selling, and investing with NFTs?
There are many legal issues that can arise with NFTs, including compliance with securities law, anti-money laundering and other financial regulatory issues, unique considerations of IP protection, licensing, monitoring and enforcement. Join us for an overview of this exciting new landscape.
Program is offered In-Person or Virtual
- What are NFTs and how are they used in the marketplace today?
- What is blockchain technology and how did it make NFTs possible? Does blockchain automated logic support, supplement, or replace traditional written legal agreements? Legal considerations in buying and selling NFTs
- Are NFTs securities? Considerations regarding the legal and regulatory landscape with respect to the SEC. Minting and distributing fractionalized NFTs and the potential legal implications for securities and crypto regulation
- Investment agreements such as SAFTS and Token Warrants
- IP considerations in the creation and marketing of NFTs
- Litigation risks arising from NFTs
201 Mission Street, Suite 400
San Francisco, CA 94105
Note: In-Person - Proof of Vaccination and ID will be needed at time of arrival to the office.
Thank you to our Sponsors
*as of 7/11/22
Smith Shapourian Mignano
Event Code: B221472
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Health and Safety: Will be in guidelines pursuant to SF health orders
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For CLE events of 1.5 hours or less, Lunch & Learn programs, Happy Hours, Receptions, and Mixers, a refund is available if you submit your cancellation request at least 48 hours prior to the event. A $10 handling fee will deducted from your refund. Please complete the Event Cancellation Form.
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To receive MCLE credit, you must sign in during the designated MCLE registration period. This activity is approved for Minimum Continuing Legal Education credit by the State Bar of California. BASF is a certified provider: Provider #103
People with disabilities and/or special requests should contact BASF regarding reasonable accommodations.