A Primer on Non-Fungible Tokens and Smart Contracts
A series of lucrative auctions in the early months of 2021 has brought international attention to non-fungible tokens, or NFTs – a new type of asset that is widely misunderstood. Here, Shane Wax of Gottlieb, Rackman & Reisman, offers Lawyer Monthly an analysis of how NFTs work and from where they derive their value.
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