Laying Down The Law On NFTS Presented by: Mr. Schafer Date: 12 April 2022 Being Charitable In Times Of Covid - The Covid pandemic severely affected sectors that rely for income on life performances - That applies obviously to musicians and other stage performers - It also applies however to the charitable sector, which uses life performances as fundraisers - Music performers - Charitable fundraisers - Moving events online mitigates the consequences, but only partially - Stage performers: - • One ticket per household vs multiple tickets for each household member • Sale of refreshments • Sale of memorabilia Charities: • Online environment adds to already low levels of trust How Can Blockchain Environments Help? - (re)create trust - Also by linking donation to outcomes in a transparent way - Helping artists collaborating to maintain their IP rights, including moral rights ? Case study: Benefit concert in Decentraland - Name: 'We Can Be Heroes' - Live Charity Benefit Concert - Date: 17 April 2021 - Time: 18:00-22:00 PST - Unique Visitor Count: 248 - Amount raised: 1200 mana - (Approximately $1800.00 Thinking Beyond - Using NFTs as event Merchandise - Sales receipt or "documented memory trace"? Legal issues - Receipt of a charitable donation or a jumble sale? • Implications for validity of contract • Tax implications - NFT tree linkable to a real tree? - Growing trees from forests?