Non-fungible tokens (“NFTs”) are slowly but surely growing as the next class of digital assets, which utilise blockchain technology in authenticating digital items, including artworks. In 2021, a digital artwork known as “Everydays: the First 5000 Days” by digital artist Beeple was sold for USD 69.3 million in cryptocurrency value.
In this edition of the CPD Live webinar, Kenny Lam digests the nuts and bolts of NFT transactions, and the legal issues arising from the use and sales of NFTs, including the adequacy of the existing legal framework, intellectual property issues, and the impact of NFTs on the legal landscape.
Kenny Lam is a senior associate at Rosli Dahlan Saravana Partnership’s Dispute Resolution Department.
Kenny’s practice focuses on intellectual property and commercial disputes. He has appeared in arbitration proceedings and in court proceedings at all levels.
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