NFT (Non-Fungible Tokens): What attorneys need to know

Chris Sabbagh
Chris Sabbagh | Baker Botts LLP

Chris Sabbagh is an intellectual property associate at Baker Botts LLP in Houston, where he utilizes his background in electrical engineering, computer engineering, and software. Before joining Baker Botts, Chris attended Rice University and Duke Law School.

On-Demand: May 25, 2021

$95.00 1 hour CLE

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Program Summary

When a virtual car sells for more money than most real, functional cars—is it a sign of a bubble or a booming new industry? Non-fungible tokens (NFTs) have captured our attention over the recent months, raising questions like: How do NFT’s even work? Why pay millions of dollars for digital art that is available to everyone? How does this new technology fit within our current laws and regulations? Are NFTs here to stay? This presentation will explore these questions and more, explaining what an NFT is and discussing potential legal problems that the technology might raise.

Key topics to be discussed:

  • What is an NFT?
  • How do NFTs work?
  • How do NFTs interact with the law?

Date / Time: March 18, 2022

 

Closed-captioning available

Speakers

Chris Sabbagh_Baker Botts LLP_myLawCLEChris Sabbagh | Baker Botts LLP

Chris Sabbagh is an intellectual property associate at Baker Botts LLP in Houston, where he utilizes his background in electrical engineering, computer engineering, and software. Before joining Baker Botts, Chris attended Rice University and Duke Law School. Chris is especially interested in emergent technologies and has practical experience with several programming languages, including Python, Java, JavaScript, and C++. Chris’ practice focuses on all areas of intellectual property law, primarily patent litigation and patent prosecution.

Agenda

What is an NFT | 2:00 – 2:25

  • Examples of how NFTs are used
  • Digital collectibles
  • Authentication of tangible items
  • Real world examples of NFTs

How do NFTs work | 2:25 – 2:40

  • Very general and quick overview of how NFTs were created (blockchain -> cryptocurrencies -> NFTs)
  • Resources for those who want to learn more

NFTs and the law | 2:40- 3:00

  • Most of the time will be spent here covering these topics:
  • Patents
  • Copyright
  • Securities Regulation
  • Ownership and associated rights