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Our NFT and blockchain lawyers and staff have represented technology and software companies for 30 years. We understand blockchain technology, Non-Fungible Tokens (NFTs), and business models related to cryptocurrency. Our attorneys regularly advise on emerging issues related to blockchain, non-fungible tokens (NFTs), and crypto, including issues relating to intellectual property, website agreements, contracts, business, data privacy, and related issues, including both related to software and hardware. We can assist in most aspects of blockchain technology and cryptocurrency, including legal and regulatory issues related to Bitcoin and other cryptocurrencies (including Ethereum, Ripple, Litecoin, Monero, and others), as well as NFT marketplaces.
A lawyer that understands the law is great. An attorney and law firm that understands the technology underlying blockchain, crypto, and non-fungible tokens (NFTs) is better. We are a team of lawyers, paralegals, and staff who provide a wide range of expertise for early-stage, growth, and mature companies in the blockchain space. Our team acts as outside general counsel to a wide range of blockchain, crypto, and NFT projects who require business, corporate, trademark, copyright, litigation, and other legal issues. We have experience in representing companies and individuals in connection with all of their legal needs relative to the blockchain, NFTs, and crypto, including:
The blockchain legal team at Traverse Legal is here to advise you and help you understand the legal issues you may face based on its experience and a proven track record in helping technology companies like yours find success.
NFT Lawyer FAQ: Legal Checklist for NFT Projects.
As cryptocurrencies take hold, there are many legal issues with which you need to contend. Since crypto is such a new area, there may not be any sure answers. Many legal issues are novel, and you need an experienced crypto currency lawyer who is well-versed in the area.
If you are a participant in blockchain technologies, along with any new technology comes disruption. When a market is just beginning, there may be different legal interpretations and a greater possibility for disputes among market participants, many of whom are just getting a better handle on the technology.
One can imagine that there are numerous cutting-edge legal issues associated with this emerging technology. Businesses that are operating in the metaverse will need the help of an experienced Metaverse Lawyer with knowledge of this technology and the associated legal challenges.
There are numerous legal issues involved with NFTs. If you are involved in this space, you will need the expertise of a NFT attorney, especially given the new and always-changing legal landscape.
We’re here to field your questions and concerns. If you are a company able to pay a reasonable legal fee each month, please contact us today.
Frequently Asked Questions
You have questions. Our internet lawyers have answers.
Why is there so much confusion about NFT ownership? Much of the news media discussing ownership can be as confusing and misleading as the NFT offering. Do you only NFT? Yes. Due to the digital asset linked to the NFT? That depends on the contract with the project owner that originally minted the NFT. Look to the terms of service, information on the platform, and other sources of information to see what your NFT purchase contract says.
Most purchasers of Bored Apes and other NFTs think they own the copyright to the image; that they own the Bored Ape. Unfortunately, these early NFT drops were fatally flawed by poorly drafted, or non-existent, sale contract language. Yes, you own the NFToken (smart-contract). It is less clear what your rights are in the copyrighted image that is the Bored Ape. In this episode, we go through the Bored Ape sale contract (aka Terms of Use) line by line to see what was really sold, and what was not. If you are a Bored Ape owner, considering buying a Bored Ape or putting together your own NFT drop, you need to watch this video until the end. We promise you will be surprised by what you learn.
NFTs and the decentralized, immutable blockchain technology which makes intelligent contracts possible are all over the news. What does it all mean? You are wondering whether to buy the hype or ignore it. Will you be left behind if you don’t dive in now? The answer, my friends, is found in HISTORY. Yes, look to history to understand the future. The biggest companies in the world, Wallstreet, and the US government already understand what you had better understand. NFTs are the future. The internet, smartphones, cloud services, social media. The press and the public widely panned all of these new technologies as fads and frauds. Yes, the pundits predicted the demise of the internet! When laughing about fart NTFs with business associates, remember there was a time when websites were considered unnecessary for businesses. And putting your credit card number into the internet was bat shit crazy. This question … THE question? Should you, your brand, and your company invest in NFT knowledge and technology? The answer to anyone who has studied emerging tech for the last 30 years is…. YES! NOW! Don’t hesitate! NFTs, blockchain and smart contracts are happening all around you. Get off your assets. Dismount your legally high horse. Find utility in humility. Acknowledge the digitally enhanced perfect nose on your avatar face!