What Is An NFT And Why Should I Care? Pt. 1

It appears recently, perhaps due to media coverage or perhaps due to me never shutting up about them, my friends have started becoming interested in NFTs. People who I previously annoyed with my talks of NBA gifs and digital race horses are starting to ask serious questions such as sustainability of investments and how theyContinue reading “What Is An NFT And Why Should I Care? Pt. 1”

Should You Form An NFT LLC?

As you invest more and more into NFTs, you will eventually reach an interesting dilemma: at what point should you consider putting your NFT holdings in a separate LLC? Below I provide various scenarios in which forming an LLC can be beneficial from both a tax liability and overall structural standpoint. Before doing anything, youContinue reading “Should You Form An NFT LLC?”

OpenSea Just Saved Their Users Millions in Potential Copyright Damages

On July 13th, Opensea, the leading marketplace for secondary NFT purchases, delisted CryptoPhunks from their platform and threw the NFT world into a storm. Some people came to the defense of Opensea, claiming this is a good step in protecting the intellectual property rights of artists. Others bashed Opensea, because censorship and regulation can beContinue reading “OpenSea Just Saved Their Users Millions in Potential Copyright Damages”

NFT Copyright Basics: What’s a copyright and can I haves it?

A copyright is any original work of authorship which includes books, movies, and yes, that sweet avatar NFT you bought for .08ETH and immediately set as your social media profile picture. But not all NFTs give the copyright of the work to the purchaser. Before we go more in-depth, one thing you need to understandContinue reading “NFT Copyright Basics: What’s a copyright and can I haves it?”