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Legal Qualification of NFT
Sale and Purchase
Are NFTs legally classified as property?
When minting, do I have to offer an alternative payment method to crypto payment?
When is a sale and purchase transaction of an NFT completed?
If a consumer buys an NFT, does the “right of revocation” apply?
How would a revocation of the NFT purchase be performed?
If a creator allows NFT owners to change traits of their NFT and that affects the rarity score of my NFT, do I have a right of remedy?
Is a roadmap part of the purchase of an NFT?
Can a creator change the roadmap after mint?
Is utility part of the purchase of an NFT?
Can a creator change the utility after the mint?
Does a rug pull (deliberate non-performance of a creator on promised roadmap/utility after minting) trigger warranty rights?