If NFTs Ruled the World: A New Wave of Ownership
Technology attorney Samir Patel wrote an article for the International Journal of Blockchain Law about U.S. securities law implications for non-fungible tokens (NFTs). NFTs are a type of digital asset that use blockchain technology to record ownership of other assets like art and music. Mr. Patel discusses whether or not music NFTs are considered securities. He also covers the structure around Bowie Bonds, NFTs that distribute royalty revenues to NFT holders, securitization of royalty rights to songs and how to understand music royalties overall.
READ: If NFTs Ruled the World: A New Wave of Ownership Page 19