![]() The attraction to buyers is that unlike digital assets like e-books or licensed movies, NFTs can be bought, sold, displayed, gifted, or even destroyed just like personal property. ![]() Yet law has not kept pace with demand for unique digital property. In particular, the rules designed for the 2000s internet focused on expanding intellectual property licenses and online contracts to the point that we are mere users, not owners, of digital assets. This article proposes a clear path for the evolution of the legal underpinnings of NFTs. It argues that NFTs are personal property, not contracts (despite the “smart contracts” popular nomenclature) or pure intellectual property licenses (despite the currently governing law of digital assets like e-books). Because transactions in NFTs are in the form of a sale, the law of sales of personal property should apply. Listen to my previous interview with Arianna Simpson on Unconfirmed about CryptoKitties: Transcript “Developers all the way down” - Unchained episode with Meltem Demirors and Jill Carlson: That example will ground others, and permit law to again characterize those who buy scarce and valuable digital assets as true owners rather than mere users.Listen to previous episodes of Unchained with these CryptoKitties investors: And finally, the article notes that NFTs will serve as a powerful grounding example of digital personal property, a legal form of ownership that is both sorely needed and has not yet been clearly established online. Welcome to Unchained, your no hype resource for all things crypto. If you’ve been enjoying Unchained, pop into iTunes to give us a top rating or review. That helps other listeners find the show. My guests today are Roham Gharegozlou, CEO of Dapper Labs, the company behind CryptoKitties, and Benny Giang, Dapper Labs’ head of Asia. Your original company, Axiom Zen, which is the company that started CryptoKitties, has been around since before the crypto craze. What does Axiom Zen do?Īxiom Zen’s a venture studio. So I started the company about six years ago with my brother, and the focus was building companies based on emerging technology, and really, we realized that when the platform shifts happen, when new technology comes around, developers, designers, sort of a small group of folks working at a startup have a very outsize impact on shaping the perception of that technology and on impacting society’s, basically, acceptance of it, and CryptoKitties is a perfect example with blockchain. ![]() So, in the past six years, we’ve built four different companies, two venture funded, two profitable, and most kind of circling around the new platform shifts that’ve been going on. So AI, machine learning, and now blockchain. Benny, how did the company get into the crypto space? Wow, I really like the insight that you mentioned about how a small group of people will shape these emerging technologies. Yeah, so, as Roham said, it’s been a very interesting journey.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |