Articles Tagged with electronic currency

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In our last post, we wrote and talked about the basics of non-fungible tokens, or NFTs. They have some value on the market, and when things have value there will be a fight. When I first heard that a Nyan cat NFT sold for hundreds of thousands, and then when a simple picture of a Shiba Inu dog (the image at the heart of the the memecoin dogecoin and, predating that, just the general doge meme) also sold for a bunch of money, I began to wonder how copyright worked in this new NFT realm. Clearly, there was an artist that created the Nyan cat gif/meme/video, just like there would be a dog owner and photographer for the Shiba. Who should be getting paid from the sale of the associated NFTs? Continue reading →