Tech Intersect™ with Tonya M. Evans

Tech Intersect #62: Ping the Prof #4-The NFT Minting Fine Print: Read Those Marketplace Terms and Conditions

March 30, 2021 Episode 62
Tech Intersect™ with Tonya M. Evans
Tech Intersect #62: Ping the Prof #4-The NFT Minting Fine Print: Read Those Marketplace Terms and Conditions
Chapters
Tech Intersect™ with Tonya M. Evans
Tech Intersect #62: Ping the Prof #4-The NFT Minting Fine Print: Read Those Marketplace Terms and Conditions
Mar 30, 2021 Episode 62

In this episode, I provide an overview of general Terms and Conditions of NFT minting and marketing platforms that you should expect, specifically related to intellectual property and royalties. Bottom line: Read the fine print! One of the benefits and features of minting is creating a record of creation and ownership that cannot be changed—immutable—so if you get it wrong in the beginning … well, it’s not like you can call customer service to roll it back. Contrary to some critics, this space is not a bubble. In fact, NFT coding standards like ERC-721 have been around since 2017 (and the idea of smart contracts dates back to 1997)! But the hype cycle and FOMO is real. Take your time, get informed. Take off your creative cap and put on your business hat during this episode to get clear, get focused and get in the game.

 ***SPONSORED BY ADVANTAGE EVANS™ ACADEMY***

NEW! NFT LAW GUIDE FOR CREATIVES & COLLECTORS
with Prof. Tonya M. Evans, Esq.

This self-paced multi-lesson, multi-module course includes carefully curated information to educate and empower artists and collectors about the critical legal issues and essential strategies you need in order to succeed in the booming non-fungible token marketplace.

Ready for your advantage? Learn more about my NFT Law Guide for Creatives & Collectors™ masterclass and course at AdvantageEvans.com.

Resources:

Contact:

 Rapternal Music (Regulate and The Rabbit Hole) by Notty Productions is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

Produced by Tonya M. Evans for FYOS Entertainment, LLC, and Stephanie Renee for Soul Sanctuary, Inc.

Support the show (https://tinyurl.com/techintersectvip)

Show Notes

In this episode, I provide an overview of general Terms and Conditions of NFT minting and marketing platforms that you should expect, specifically related to intellectual property and royalties. Bottom line: Read the fine print! One of the benefits and features of minting is creating a record of creation and ownership that cannot be changed—immutable—so if you get it wrong in the beginning … well, it’s not like you can call customer service to roll it back. Contrary to some critics, this space is not a bubble. In fact, NFT coding standards like ERC-721 have been around since 2017 (and the idea of smart contracts dates back to 1997)! But the hype cycle and FOMO is real. Take your time, get informed. Take off your creative cap and put on your business hat during this episode to get clear, get focused and get in the game.

 ***SPONSORED BY ADVANTAGE EVANS™ ACADEMY***

NEW! NFT LAW GUIDE FOR CREATIVES & COLLECTORS
with Prof. Tonya M. Evans, Esq.

This self-paced multi-lesson, multi-module course includes carefully curated information to educate and empower artists and collectors about the critical legal issues and essential strategies you need in order to succeed in the booming non-fungible token marketplace.

Ready for your advantage? Learn more about my NFT Law Guide for Creatives & Collectors™ masterclass and course at AdvantageEvans.com.

Resources:

Contact:

 Rapternal Music (Regulate and The Rabbit Hole) by Notty Productions is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

Produced by Tonya M. Evans for FYOS Entertainment, LLC, and Stephanie Renee for Soul Sanctuary, Inc.

Support the show (https://tinyurl.com/techintersectvip)