In Brief The SEC issued a Wells notice to OpenSea, potentially classifying NFTs as securities. OpenSea CEO pledges $5 million to support NFT creators receiving similar notices. The SEC’s legal action against OpenSea raises concerns about broader NFT regulation. On August 28, Devin Finzer, the co-founder and CEO of OpenSea, revealed that the US Securities and…
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In a nutshell NFTs progress from advanced collectibles to utility tokens, opening unique highlights, improving client commitment, and opening up clever adaptation techniques. Local area and financial backer commitment are significant for the achievement and supported interest in NFT projects, as they cultivate a powerful biological system around these resources. In the midst of natural…
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