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Full-Text Articles in Consumer Protection Law
The Property Law Of Tokens, Juliet M. Moringiello, Christopher K. Odinet
The Property Law Of Tokens, Juliet M. Moringiello, Christopher K. Odinet
Faculty Scholarship
Non-fungible tokens—or NFTs, as they are better known—have taken the world by storm. The idea behind an NFT is that by owning a certain thing (specifically, a digital token that is tracked on a blockchain), one can hold property rights in something else (either a real or intangible asset). In the early part of 2021, NFTs for items ranging from a gif of a pop-tart cat with a rainbow tail, to Twitter CEO Jack Dorsey’s first tweet, to a New York Times column (about NFTs!) have sold for millions of dollars over the internet. Promoters assert that NFTs are the …