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ARTICLE · 22 MARCH 2021

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Legal Guide To Launching An NFT Marketplace

Catherine Zhu and Louis Lehot of Foley & Lardner LLP discuss the increasing popularity of nonfungible tokens and legal considerations in launching an NFT marketplace.

United StatesTechnology

(March 19, 2021) - Catherine Zhu and Louis Lehot of Foley & Lardner LLP discuss the increasing popularity of nonfungible tokens and legal considerations in launching an NFT marketplace.

Want to launch a new NFT marketplace? Here's what you need to know.

While the initial coin offering ("ICO") craze of 2017-2018 fizzled out in the face of government enforcement actions, a new resurgence in the global market for bitcoin and a new category of non-fungible tokens ("NFTs") are fueling a recent boom in digital assets. This post will attempt to sketch out a legal guide to NFT's and legal tips for launching an NFT marketplace.

What are NFT's and how are they different from other blockchain-based assets?

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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