Discovering Non-fungible Tokens for Law (NFTs)

Overview
This course will give you a clear understanding of the history and background of Non-fungible Tokens (NFTs). The course covers the origins and background of NFTs together with examples of current and potential uses. It also looks at the trading environment and assesses the numerous legal challenges and issues surrounding NFTs.

Course Contents:
Unit 1: Background and Underlying Technologies

Defining NFTs and their unique nature
History and growth of NFTs
Underlying technologies – Blockchain and Smart Contracts
The dominance of Ethereum – and the alternatives
The storage of NFTs
Unit 2: Development and Uses of NFTs

Introduction and famous examples
Creator benefits
Growing list of uses
Metaverse assets
Events and attendance
Digital twins
Unit 3: Trading and Marketplaces

How to buy an NFT
Minting new NFTs
How trading marketplaces work
Crypto wallets
Descriptions of leading marketplaces
Unit 4: Legal Issues surrounding NFTs

Defining the scope of NFTs for buyers and sellers
Intellectual Property Rights and copyright
Financial regulation and contractual issues
The threat posed by money laundering
Tax implications, gambling issues and insider trading considerations.