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7 - Non-Investment Finance in an NFT World

from Part III - Capital Markets, Community, and Marketing

Published online by Cambridge University Press:  02 November 2024

By
Joan MacLeod Heminway
Edited by
Nizan Geslevich Packin
Nizan Geslevich Packin
Affiliation:
Baruch College (City University of New York)
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Summary

"Recent years have witnessed the rise of non-fungible tokens (NFTs) as vehicles for non-investment finance, including in nonprofit and political fundraising. As with other financial sectors in which NFTs have a role, the use of NFTs in financing nonprofits and political campaigns and committees has revealed gaps and ambiguities in existing legal regulatory systems. Appetite exists to evolve legal frameworks to complete and clarify applicable bodies of law and regulation.

Keywords

NFTsnon-fungible tokensnonprofitscampaign financeblockchaintax policyIRS
Type
Chapter
Information
The Cambridge Handbook of Law and Policy for NFTs , pp. 139 - 160
Publisher: Cambridge University Press
Print publication year: 2024

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