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Funging the nonfungable? Laying down the law on NFTs

NFT Letters


Virtual Event


Thu 17 March 2022

Speakers: Burkhard Schafer (University of Edinburgh), Andres Guadamuz (University of Sussex) and Sean Thomas (University of York) 

A topical panel discussion on NFTs and the law, to accompany an exhibition event at Edinburgh Insapce as part of the DeCaDe project.


Chair: Smita Kheria, University of Edinburgh


Panel discussants: Alexandra Giannopoulou (Universiy of Amsterdam); Andres Guadamuz (University of Sussex) Sean Thomas (University of York);  Burkhard Schafer (The University of Edinburgh)


Non-fungible tokens (NFTs) have over the last few years changed from a technical niche topic for enthusiasts to a headline grabbing technology. High-profile auctions in established auction houses like Sothebys received considerable public attention. Everydays: the First 5000 Days, by artist Mike Winkelmann (aka Beeple), was sold for US$69.3 million in 2021 


But what do we buy if we buy an NFT? How does the law think about this new phenomenon? NFTs seem to speak to some deeply felt needs in the artistic community, but can they deliver, or are they at best a fad, at worst a rip off? Can they help struggling artists whose income streams have been depleted through Covid, or can they fuel illegal activities?


These and similar issues will be discussed by an international panel of academics as part of the “A token gesture” week of events organised by the University of Edinburgh as part of the DeCaDe (Centre for the Decentralised Digital Economy)


Information about “A token Gesture” can be found on the project website  



This event is free and open to all but registration is required (link below)

Image credit: Marco Verch Professional Photographer on Flikr

Event Link

Register on Zoom