clyde & co – NFTs – gold mine or minefield?

Non-Fungible Tokens (“NFTs”) have been garnering a lot of attention in recent months as the volume of sales have dramatically increased. Several celebrities have begun promoting NFTs on social media, or even selling their own NFTs. Despite soaring popularity and sales prices (the market for NFTs in 2021 was reportedly $22bn), there are some key legal issues causing uncertainty and confusion which we discuss below.