Most people would not expect NFTs to be deemed a security. Leading securities enforcement agencies have yet to inspect NFTs as securities. But the evolving game plan for NFT projects show that the popular NFTs of tomorrow may be deemed as securities. Most NFTs are Not Securities In a previous article, I wrote about the […]
NFTs are more than a JPEG file; in this post we will explore their use cases.
Governments around the world are exploring government-issued crypto (CBDC). What happens when CBDCs become common?
A fundamental aspect of commercial contracts is getting paid. Professional services are rendered for a fee. Products are sold for a price. Products given for free are called a gift. Services rendered for free are volunteer work. It is safe to say people work because they want to get paid. Whether for a salary, or […]
Introduction The coronavirus has a bad impact on businesses. In this article we explore whether crypto can help businesses survive the COVID19 pandemic. We touch on e-commerce, crypto payments, and issuing tokens via IEO. Coronavirus and the cashflow problem Traditional brick-and-mortar businesses depend on customers walking in. But the coronavirus makes it difficult, even dangerous, […]
The article explores the rights of holders of tokenized shares when a blockchain startup goes into liquidation.
Restitutio in integrum is a remedy of contract and tort law. It means, returning everything to the way it was before. You may not have heard of “restitutio in integrum”, but it is a fundamental concept of law. When a deals fall apart, or when people are wronged, it is the duty of the courts […]
Cryptocurrencies — some say that they are the foundation of a parallel financial system. Advocates of cryptocurrency frequently extol the virtues of being your own bank. But, what are some implications of being your own bank? Let’s be clear. When we talk about cryptocurrencies, we mean things like Bitcoin, Ethereum, DASH and Monero. Cryptocurrencies function […]