Title: Are NFT’s Dead?: The Metaverse, Blockchain, and Art.

A. Time and location:

Monday May 22nd 19:00 Calle Velazquez 130 V HUB-2

B. Panel:

- Alvaro Bourkaib: Partner (IP,IT, Entertainment, Media) at Cuatrecasas

- Carlos Rivadula: Oliva Manager IP/IT at ECIJA

C. Frame:

The underlying question of this discussion is to assess if we can still extract

value from NFT’s or whether they were just a bubble that now is irrelevant.

Considering that probably the crowd will not only be law students but also
students related more to technology, business and humanities degrees so
the conversation should consider different aspects of NFTs and also maybe a
simple level explanation

Here is the proposed structure we came up with. (Of course feel free to give
me comments or anything you would like to change or take out). We can talk
through mail or even have a call if you are free next week if there's anything
you want to consider.

D. Phases of the event: Starts at 19:00

1. Panel: Talk between the 3 of us ( i will ask some questions as moderator to

start off): the idea would be 30 to 40 minutes
2. A Q&A: of 2-3 questions (10 mins)

I understand then if you have to leave or are busy don't worry you don’t need to
stay but are more than welcome to.

3. Networking: Showcasing a student’s initiative of the Metaverse where he

placed the paintings of university students. People can start having things
from the small cocktail.
E. Content of the event: Starts at 19:00

This is of course a preliminary structure and I would like your inputs of things
you would like to cover additionally.
Or, if you think that certain things should be eliminated or modified also let
me know.

The idea would be to mix a technological aspect of the functioning of

NFT’s(1), with also some (2) financial considerations of NFT in terms of what
they are classified as (utilities/securities) and (3) finally more of a legal
approach concerning NFT’ and current litigation with ip rights that can be
explored with the Mango case.

1. Introduction:
a. Short context.
b. How did they come to rise?
c. What are they? Metadata and unique hash characteristic

2. The Process of Minting an NFT:

a. Standard used (erc 721), use of smart contracts as code.
b. Marketplaces where NFT’s are transacted: are there different models
of market places?
c. What does the buyer of an NFT acquire?

3. Considerations concerning regulation of NFT’s:

a. Is it a crypto asset? Why did it not fall under MICA.
b. Difference between it being a security or a utility.
c. Where are we witnessing it more considered now towards its
classification? Difference between EU or US.

4. Licensing of NFTs for commercialization purposes and case study of MANGO

case:
a. Regulation of IP rights concerning NFTs:
i. In the end it is solely through Terms and Conditions?
ii. For licences: Benefits of getting automated royalty payments?
b. Background of the MANGO case and verdict.
c. Analysis of rights that were breached:
i. making available rights? reproduction?
 ii. Right of public exhibition can it be granted in the context of nfts
and the metaverse in Spain?
iii. Any particularities and future considerations (there was a
previous transformation (from paintings to clothing) involved
before creating it into NFTs?). Would this impact other future
rulings?

5. Conclusion :
Are NTfs for blockchain and crypto’s a failed use case or is there potential
with their use?

Again this is a preliminary structure and maybe it considers too many aspects. Let
me know what you think and of course it is more based on your input that we would
like to take into account. .