35 min

Is a big loss for SEC a BIG win for NFTs‪?‬ All About Affordable NFTs

    • Technology

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
 

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
 

35 min

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