NFTs and Charities – What’s New and What Isn’t?
Pearlman + Pearlman
APRIL 2, 2021
Takeaway – NFTs are gaining popularity. Charities are considering how they can take advantage of the NFT craze. In many ways, digital artwork and other digital assets are analogous to traditional artwork and physical assets. Nonprofits may need to conduct additional diligence on the platforms they use and organizations with which they partner. Traditional compliance issues, such as charitable solicitation registrations, tax compliance, and contract matters should also be considered. —̵
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