Tech Intersect™ with Prof 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 Prof Tonya M. Evans
Tech Intersect #62: Ping the Prof #4-The NFT Minting Fine Print: Read Those Marketplace Terms and Conditions
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.

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 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.

Regulate & The Rabbit Hole by Notty Prod licensed via Creative Commons Attribution-NoDerivatives 4.0 International License. Produced by Tonya M. Evans for Advantage Evans, LLC