Non-fungible Tokens (“NFT”)

PRACTICE OVERVIEW

NFTs redefined the ownership of digital assets as they are heard all around the globe by 2021, thanks to their immense popularity in the culture and art scene. Initially, NFTs were mainly created and stored with Ethereum blockchain protocols and smart contract mechanisms, whereas they can be created on various blockchains. NFTs can be utilized in different sectors since they can refer to any digital or physical asset. They are unique assets that have the potential to be adapted to different sectoral needs and expand the application of blockchain technologies. Although they are currently mainly associated with artworks, they will be beneficial in recording complicated operations like real estate transactions and supply chains or sensitive systems like health or education. Clearly, NFTs are sparking new perspectives and debates into traditional law teachings. With our experienced and technologically adaptive legal team, we offer a variety of services in each step of NFT development, listing, and trading. At Tevetoglu Legal, we offer services tailored for each client, whether they are collectors, developers, listers, traders, or consumers.