Knowledge Highlights 26 July 2024
The ‘art’ of the non-fungible token - Concepts and novel use cases
Allen & Gledhill Partner Adrian Ang, Associate Melody Hoay and Practice Trainee Alexander Yi Fong co-authored “The ‘art’ of the non-fungible token - Concepts and novel use cases”, published by IFC Media. Alternative investments have been touted as new tools for wealth structuring and, at a basic level, the “democratisation” of investment products with the offer of greater choice for the average investor. The article focuses on the key concepts and attributes, as well as the use cases, of non-fungible tokens (NFTs), a form of newly created alternative asset.
