All About Affordable NFTs

Is a big loss for SEC a BIG win for NFTs?

Listen Later
Is a big loss for SEC a BIG win for NFTs? 

 

  • The token (XRP) itself is not a security.
  • Ripple’s sale of XRP on crypto exchanges isn’t a securities offering.
  • A token is completely separate from the investment contract. This is a legal thing the crypto industry’s been fighting for.

    •  


    This potentially clears a road for NFT projects that issue tokens. 

    Not a final ruling though, and Congress may weigh in…

    SEC still targeting 68 other tokens as securities. https://cointelegraph.com/news/sec-labels-61-cryptocurrencies-securities-after-binance-suit 

     

    News:
    • OpenSea Deals: Trade NFTs 
  • Opepen Edition NFTs
  • Jackson Pollock Studio’s NFT Project Mints Out in 32 minutes
  • Moonbirds’ 200-day reveal
  • Doodles Real World Play Camp in Chicago
  • More Squiggles minted
  • ApeFest to HongKong
  • Floor App to Launch NFT Trading Apps, absorb 30% fees
  • Melania Trump NFT may violate NASA policy
  • Melania Trump Has Released an Apollo 11-Themed NFT That May Violate NASA’s Merchandising Policy
  •  
    • ...more
    View all episodesView all episodes
    Download on the App Store
    All About Affordable NFTsBy 3aNFT.com
    • 5
    • 5
    • 5
    • 5
    • 5

    5

    30 ratings