Whatever Happened to NFTs?

SUMMARY NFTs exploded in 2021 with collections selling for millions, but crashed dramatically in 2022 as values plummeted 95% and trading volume fell 97%. The collapse exposed pump-and-dump schemes, undisclosed celebrity endorsements and unregistered securities offerings. Investors who suffered losses may have legal remedies through securities violations, fraud claims or class actions, though recovery faces … Read more

AI Assistance in Managing NFTs

AI can play a crucial role in managing and organizing NFT portfolios and collections. As the NFT market grows, many investors and collectors may find themselves holding NFTs across different platforms and blockchains. Keeping track of all these assets, their values, ownership details and other relevant information can become increasingly challenging without the aid of … Read more

Are NFTs Securities?

Non-fungible tokens (NFTs) represent unique digital assets that are typically used to represent ownership of digital art, collectibles, virtual real estate and other digital items. (For some background on NFTs see my primer.) Determining whether an NFT is a security is a complex and evolving legal question that depends on numerous factors and the jurisdiction … Read more