Introduction to Non-Fungible Tokens

Articles / July 22, 2022

Non-fungible tokens (NFTs) are the latest advancement in the ongoing evolution of the blockchain market. To help put this new phenomenon into context, the BakerHostetler Blockchain team has prepared a series of papers that examine NFTs from various perspectives. In the first paper in the series, we introduce NFTs from the technological and market perspectives. Forthcoming papers will rely on the concepts in this introduction as we analyze the multiple legal issues arising from this new technology.

Explore the full NFT series below:

Part 1: An Introduction to Non-Fungible Tokens (NFTs)

Part 2: A Legal Practitioner's Guide to NFTs, Digital Advertising and Media

Part 3: Navigating Contractual Relationships in the NFT Market

Part 4: Taxation of Non-Fungible Tokens

Part 5: Applying the Bank Secrecy Act, FinCEN Regulations, and Sanctions to the Nascent NFT Market

Part 6: Combatting Fraud and Corruption in the NFT Market

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