A Complete Guide on NFT from a lawyer's POV
NFTs have not reached mass hysteria until recently despite ERC-721 tokens being created in approximately 2017. Recently the tokens have generated unprecedented levels of revenue. The millions of dollars generated by NFTs have also generated life-changing money for a lot of the retail public, thus it is important for crypto lawyers to give their opinions on the matter and potentially provide some helpful guidance. In this article, we will explore the legal implications of such transactions, and what are the things that you will need to consider whilst dealing with NFTs.
How a Crypto Payment System is More Advantageous Than a Traditional Payment Gateway
Introduction A payment gateway typically serves as an intermediary between the customer and the merchant, which securely transfers money from the account of the customer to the payment portal of the merchant. For exclusive usage between the seller and the buyer, a payment gateway encrypts (encodes for private usage) data between the user's browser and the retailer's server. Crypto payment gateways do the very same thing with cryptocurrencies. However, crypto payments are advantageous in many ways over the traditional mode of payment dealing with fiat currencies, as we will examine in this article.