Disney’s Latest Web3 Move Highlights Importance of NFT Attorneys
29 Setembro 2022 - 04:50AM
NEWSBTC
In a move that underscores the importance of attorneys in the NFT
space, The Walt Disney Company announced it is looking to hire a
corporate attorney who will provide legal advice and support for
global NFT products among other responsibilities listed in the job
description. This is the latest sign that major corporations are
taking notice of what Web3 offers. As the NFT and DeFi industry
grows, it will become increasingly crucial for NFT companies to
have skilled legal representation. According to the recent job
posting by the entertainment conglomerate – Disney is looking for
someone who can help it navigate through legal risks and
opportunities, and also ensure its NFT products are in compliance
with current United States and International laws and regulations.
NFT attorneys to streamline how Web3 works This move signals an
aggressive push by Disney to stay ahead in the race of “emerging
technologies” – NFTs and the Metaverse. Notably, Disney started
exploring the NFTs segment last year when they started exploring
these new technologies through experiments. With soaring valuations
of $11 billion and counting, the NFT market is a hotbed for
fraudulent activity. It often involves scammers minting a fake
digital image that does not belong to them. Selling these
‘non-authentic’ coins breaches copyright laws as well contravenes
multiple other local regulations. Hiring the best NFT attorney will
help protect company assets and brands from trademark squatters or
pirates looking for a chance to make quick bucks through fake NFTs.
The lawyers will also best advise the Web3 companies on ways to
avoid expensive lawsuits. GemSet’s panel of NFT attorneys With the
same objective, GemSet, a premium NFT company, recently onboarded a
team of NFT attorneys in their advisory panel. Attorneys Gai Sher
and Eric Galen will be the pillars to hold the legal framework of
GemSet. Both the attorneys have impeccable records and belong to
the reputed law firm Greenspoon Marder LLC. Gai was recently
recognized on The National Law Journal’s 2022 Trailblazers list for
Cryptocurrency/Blockchain/Fintech Law. She is well-versed in
business law and has successfully handled multiple NFT cases. Law
veteran Mr. Eric Galen leads Greenspoon Marder’s innovation &
Technology Group. He leverages his unique corporate, Web3, media,
and entertainment law background to help clients succeed. His
diverse clientele and collaborators include giants like Intel,
Microsoft, Doodles, E11even Crypto, Fullscreen, Route, Calm,
GameSquare Esports, OPI, Jaunt VR, Baccarat, Blo Dry Bar,
Awesomeness TV, Tik Tok, Imagine Entertainment, Milk & Honey,
Audiomack, and Haute Living. For those uninitiated, GemSet is a
group of 10,000 premier NFTs created by renowned South African
artist Johnathan Schultz. He is reinventing contemporary art to
merge it into digital art seamlessly. Bottomline GemSet has shown
that having a solid legal team is one key factor that gives buyers
confidence that they are getting authentic NFTs. Hence, companies
should not underestimate the importance of an excellent legal team
for companies in the blockchain space. To stay updated on the
GemSet NFT collection, visit its website and social media pages for
more details and information on upcoming sales.
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