"Businesses that fail to evolve will cease to be competitive," said Louis Lehot, a partner with Foley & Lardner.
May 20, 2022 at 08:18 AM
5 minute read
Companies across every industry are jumping into non-fungible tokens, seeking to seize on what they perceive as huge business opportunities.
Attorneys working in the space see myriad reasons to be bullish, despite a recent plunge in NFT sales and a host of tricky legal and regulatory issues companies entering the field must navigate.
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Non-fungible tokens are digital assets that represent ownership of real-world items such as art, video clips and music. Credit: Rokas Tenys/Shutterstock.com
