United States:
Noh Considers Coinbase NFT In San Francisco Business Times
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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
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