Non-Fungible Tokens (NFTs) are a point of confusion and controversy in the contemporary art world.  Beeple's NFT “Everydays – The First 5000 Days” sold for $69 million at Christie's this March, but many people struggle even to define the term.  Lawyers, creators and investors are navigating smart contracts, negotiating additional terms and wondering what the future holds. The Kernochan Center Symposium, "NFTs: Future or Fad?" will serve as a guide to this growing, creative, and potentially lucrative, market, and will discuss what role copyright can play in protecting these assets.   Our first panel will provide an overview of NFTs and will look at how current IP law is meeting - and being challenged by - this new avenue of commerce. We'll also discuss whether NFTs have the staying power to propel long-term legal change. The symposium's second half will focus on the visual arts and will discuss the unique issues NFTs pose for artists and their attorneys. 

Art Law co-chair Megan Noh will participate in the symposium's second session as a panelist in the NFTs and the Art Market panel.

The panelist list includes:

Megan Noh, Pryor Cashman LLP

Sarah Odenkirk, Cowan DeBaets Abrams & Shepard LLP

Yayoi Shionoiri,  Executive Director for the Chris Burden Estate and the Nancy Rubins Studio