The GDF NFT Hub is a central resource of data, research, and market tools that addresses the key questions surrounding non-fungible tokens (NFTs). As the sector develops at pace, the Hub is designed to bring clarity to the subject, covering the areas that should be considered from a legal and regulatory perspective, as well as to present the new opportunities at play.
GDF is driven by its members to look at how we can help the digital asset community develop standards and best practices in new areas of activity. As new opportunities develop, we will continue to expand the NFT Hub.
If you would like your resource to be listed, or have further questions you would like us to cover, please get in touch.
Understanding the building blocks and impact of NFTs
A thematic report prepared by the European Union Blockchain Observatory & Forum (a European Commission initiative). Covers the history of NFTs, the technology of NFTs, future challenges and policy recommendations.
OpenSea have published their extensive guide to NFTs, taking a look at everything from standardization, interoperability and provable scarcity, to the myths surrounding NFTs, their history, and the market size.
Within their NFT Bible, OpenSea have also included a explainer on NFT protocol standards, explaining how developers guarantee that the asset will behave a certain way.
William Entriken provides a quick, accessible explainer on ERC-721 and its applications
Bryan Flynn explains the social value of NFTs, how fractionalization enables more contributors to creative works, and its relationship to social tokens.
An explainer on how NFTs allow creatives to take ownership of the content they share online, and the impact this will have on the relationship between creators and platforms or network providers.
“Ownership” is discussed a lot with regards to digital assets, but in the digital age, “ownership” can be a malleable term. This article explores the degrees of ownership, degrees of centralisation, data storage questions, and off chain solutions surrounding NFTs.
From the numbers to platforms and artists, the Defiant set themselves the goal of creating the most comprehensive guide to the world of NFTs - in a film.
Another set of resources bringing together the world of NFTs, from blogs to podcasts, covering news, market data, and standards.
Key market data on NFTs’, including trading volumes and overview of key NFT marketplaces
Dashboard overview of weekly trade volumes of NFTs, separated into two categories, Art & Collectibles and Gaming.
Overview of non-fungible token trading volumes, number of traders per NFT marketplace and more key metrics.
The University of Nicosia’s NFT Valuation tool sets out not only to establish a robust and defensible methodology for calculating Non-Fungible Token (NFT) market capitalizations on an ecosystem basis, but also to establish a robust and automated methodology for valuing individual NFTs with relevant confidence intervals.
A dashboard overview of NFT markets by collectibles, metaverse, utility tokens, art, sports, games, and DeFi.
Understanding the legal perspective and challenges that follow the emergence of NFTs
A comprehensive guide to MiCA (the EU’s Proposed Markets in Crypto-Assets Regulation). While Decentralised Finance (defi) and non-fungible tokens (NFTs) are largely left alone by MiCA, NFTs with fractional ownership fall under the law’s remit. This report is usually updated monthly and can provide a good overview until the final text is approved.
A report prepared by the European Union Blockchain Observatory & Forum (a European Commission initiative), highlighting NFT characteristics and providing an extensive overview of the legal classification and frameworks across the globe. Covers how different regulatory jurisdictions (EU, Germany, Italy, Latin America and the Common Law) have begun to tackle NFTs.
In NFTs, royalties can be built into the code by way of smart contracts, a method of pushing a portion of the resale proceeds back to the original creator. Amanah Advisors breaks down royalties, intellectual property and intangible rights in Shariah, and how this fits in with NFTs.
Read Amanah Advisors' overview of possession, ownership, and NFTs from the perspective of Shariah.
"Being digital does not disregard it from being an asset in Shariah, as the driving factor in being Māl (property) – and therefore a valid asset – is the ability to benefit from the asset in a reasonable manner." Read Amanah Advisor's overview of NFTs and Shariah.
Our Patron Member, DLA Piper, covers everything from buying an NFT to rights, ownership, responsibilities, the application of licensing rules, intellectual property rights, tax treatments, and the fractionalization of assets in this comprehensive Q&A.
As well as covering ownership and rights, Clifford Chance’s report looks at how jurisdictions across Europe, America, and Asia are developing approaches to NFTs
White & Case's article discusses the opportunities and legal challenges that follow the emergence of NFTs, with a particular focus on data hosting, storage, royalties, data protection laws & IP rights.
Part ii of this chapter on NFTs covers where copyright meets blockchain, looking at how the technical characteristics of NFTs mean that NFTs so not easily match existing conceptions of ownership as they relate to digital objects, and the implications of this with regards to the transfer of copyright ownership.
CMS Law-Now’s article looks to establish a legal framework for NFTs as a new asset class taking into account licensing obligations and copyright issues with respect to the digital original piece.
Tatiana Roberdo’s article takes a look at how to determine the jurisdiction and the respective rights of NFT creators and their buyers.
Andres Guadamuz does his best to cover the many questions that emerge surrounding copyright and NFTs as the industry evolved. This blog looks “under the hood” of minting NFTs and what happens when copyfraud happens in NFTs.
Deeper understanding of specific protocol standards, with a particular focus on ERC-721
Explains how to create an ERC-721 contract & provides general understanding resources.
A standard interface for non-fungible tokens, also known as deeds.
Understanding the value of NFTs in creative industries, like art and gaming
Realigning the economic relationships between game developers and their player base.
The role of crypto in the emergence of a new Open Metaverse, in which individuals are able to “participate in an extensive virtual economy with profound societal impact.”
A look at the Christie's auction of Beeple's digital art piece and the doubts that arise from introducing a new art form in a legacy art institution.
How gaming is providing a new platform for community economics.
How crypto’s pop culture moment during the pandemic is pushing Gen-Z to use NFTs to create the 'modern Marvel'.
What are your key questions on NFTs? What areas should be considered in the development of the NFT sector?
