Articles Tagged with finance

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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 →

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For those readers that are tech savvy and keep up to date with financial developments, the buzzwords cryptocurrency, bitcoin, and blockchain should immediately ring a bell. Another development called smart contracts should also be on your radar. Essentially built upon blockchain and distributed ledger technologies, these smart contracts are one of the highly touted tools that are set to streamline transactions in a pseudo-contractual space. Continue reading →