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Are BAYC nonfungible tokens securities?

6 points| Ensydr | 3 years ago |slate.com

3 comments

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Ensydr|3 years ago

Recently I read about SEC looking into BAYC. Do you think they should be classified as securities?

tysehr37|3 years ago

I think in most cases, NFTs are clearly collectible art. It's hard to say when these projects branch out and become about more, but I'd still err on the side of not securities.