You've seen the headlines and heard of the acronym, yet NFTs (non-fungible tokens) can seem like a daunting and confusing trend in the music industry. On June 14 at 6 p.m., entertainment attorney Colin Maher, in partnership with Nashville-based non-profit HOME (Helping Our Music Evolve), will break it all down into layman's terms for everyone to understand. Click here to register for this FREE virtual event.
Music professionals may be asking, What is an NFT? or What exactly are you selling when you sell a music-related NFT?
NFTs, a unit of data stored on a digital ledger called blockchain, which certifies the digital asset to be unique and therefore not interchangeable, are an emerging asset in the cryptocurrency environment.
NFTs bring a great new revenue stream for the music industry, but they come with a lot of questions. During the seminar, participants will get answers to many of them, including:
-What copyright issues arise when selling NFTs
-What licenses might be needed when selling NFTs
-How to structure your agreements between creators and labels/publishers/managers/ distributors
-Selling NFTs co-owned with your collaborators
-and many more!
Attorney Colin Maher will provide a background into NFTs and shine a light into some of the legal issues that arise when music-related NFTs are sold.
ABOUT COLIN MAHER:
Attorney Colin Maher is "Your Lawyer for the New Music Industry." Attorney Maher attended New England School of Law in Boston and is admitted to practice law in Tennessee, Massachusetts and New Hampshire. Maher founded his law firm, Whiskey Ghost Entertainment Law, in 2016 and has been named Super Lawyers' Rising Star for the past three years and recently joined the Nashville Chamber's Music Industry Advisory Group. Colin represents musicians and music business professionals in every facet of the industry. Colin recognizes there is no status quo when it comes to the music industry, and prides himself on anticipating the ever-changing landscape of the music industry to properly protect its clients' rights and optimize potential business opportunities. For more information, visit whiskeyghost.com.