Zachary Lewis, Maria Nava, Eliana Torres
While NFTs offer the promise of “Web 3.0,” most of the ecosystem—including the websites where NFTs are bought and sold and the platforms where NFT communities engage—still exists on “Web 2.0.” As a result, NFT drops rely on a “Web 2.5” ecosystem where data collection and monetization rule and a plethora of privacy laws, rules, and regulations apply. In this session we will provide an overview of blockchain technology, NFTs, and Web 3.0 before examining the five steps in dropping an NFT collection and the related privacy and data protection issues that must be considered.
Zachary Lewis, Associate, Blockchain Technology Group, Frankfurt Kurnit
Maria Nava, Associate, Privacy and Data Security Group, Frankfurt Kurnit
Eliana Torres, Associate, Intellectual Property Group, Nixon Peabody