ARTICLE
22 October 2021

Noh Considers Coinbase NFT In San Francisco Business Times

PC
Pryor Cashman LLP

Contributor

A premier, midsized law firm headquartered in New York City, Pryor Cashman boasts nearly 180 attorneys and offices in both Los Angeles and Miami. From every office, we are known for getting the job done right, and doing it with integrity, efficiency and élan.
Coinbase, a licensed cryptocurrency exchange platform, recently announced plans to launch a peer-to-peer marketplace with artists who create NFTs in mind.
United States Technology

Coinbase, a licensed cryptocurrency exchange platform, recently announced plans to launch a peer-to-peer marketplace with artists who create NFTs in mind. Art Law Group Co-Chair Megan Noh discussed the announcement with the San Francisco Business Times:

From a legal perspective, Megan Noh co-chair of the art law practice at Pryor Cashman LLP remains cautious. "We've seen an explosion of competing marketplaces in recent months. Coinbase joining the fray may not fundamentally change the landscape unless they are offering creators enhanced features such as greater optionality with minting in multiple revenue recipients or a more universal (i.e. interoperable) resale royalty right. It will also be interesting to see how Coinbase NFT approaches copyright infringement issues, particularly given the promise of "social" features by which content is more easily reproduced and shared."

Access the full coverage in the resource link below. 

[San Francisco Business Journal] Coinbase is Trying to Cozy Up to Artists with New Initiatives

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More