Legal Aspects of NFTs

Legal Aspects of NFTs

by | May 27, 2021 | Blockchain, NFT

Before diving into the legal aspects of NFTs, we need to understand a very important concept. Tokenize is to represent a right (personal or real, or on a tangible or intangible asset) in a private distributed registry (blockchain) for legal purposes in a public or...
Technical Aspects of NFTs

Technical Aspects of NFTs

by | May 27, 2021 | Blockchain, NFT

NFTs and the blockchain. NFTs use the same technology as cryptocurrencies, that is, the blockchain.  This means your transactions are carried out using a digital ledger on a decentralized network and stored in a wallet. In this way, an NFT is registered in a digital...
What Is An NFT?

What Is An NFT?

by | May 13, 2021 | Blockchain, NFT

To explain this concept very simply it is necessary to take into account the following aspects: First of all, NFT stands for non-fungible token. So, what is an NFT?  In economics, a fungible asset is something with units that can be readily interchanged – like...
How Do NFTs Work?

How Do NFTs Work?

by | May 13, 2021 | Blockchain, NFT

Understanding the Blockchain Before we understand how an NFT works, we need to be clear on how blockchain works.  First of all, the goal of blockchain is to allow digital information to be recorded and distributed, but not edited without readers to know. In that...