In today’s briefing:
- Sporting Crypto – 27th Feb 2023: Are NBA Top Shots Securities?
Sporting Crypto – 27th Feb 2023: Are NBA Top Shots Securities?
- Last week there were headlines from media publishers that read something along the lines of; NBA-Branded ‘Top Shot Moments’ NFTs May Be Securities, Judge Rules in Dapper Labs Case
- This brewed discourse around 1) Top Shots themselves being securities and 2) NFTs as a thing being securities.
- Both 1) and 2) are wrong in my opinion, for a variety of reasons.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
