Silicon Valley Partner Louis Lehot and Special Counsel Catherine Zhu co-authored an article for Westlaw Today, “Legal guide to launching an NFT marketplace,” in which they discuss the increasing popularity of nonfungible tokens and the legal considerations in launching an NFT marketplace.
The article sketches out a legal guide to NFTs and legal tips for launching an NFT marketplace, including how NFTs are different from other blockchain-based assets, what is fueling the boom in NFT marketplaces, the essential legal documentation needed for launching an NFT marketplace, IP and content considerations, content moderation and authenticity, securities law and other legal considerations, risks, and what the future holds for NFTs.