In 2021 alone, we’ve seen A-list names like Michael Jordan, Mark Cuban and 2 Chainz investing millions in NFT-based start-ups and auctions for NFT-linked assets fetching outstanding sums of money, including Jack Dorsey’s first Tweet ($2.9 million) and collections of digital artworks by Grimes ($6 million) and “Beeple” ($69 million!), just to scratch the surface.[i] While often linked to digital assets, NFTs (and Smart Contracts) can also be used to sell discrete physical assets like...
