To Mint or Not to Mint: Common Legal Issues for NFT Projects

An NFT is a digital asset that represents another object, such as a work of art, a musical composition, a video, or a 3D model. They are stored on a digital ledger and may be bought and sold online, typically with cryptocurrency on large global markets. The legal issues associated with NFTs are similarly to those of the underlying digital asset, making it important to conduct due diligence on a number of common legal issues well in advance of minting day.