As companies continue to look for new ways to utilize NFTs, some are experimenting with gamified NFT collections, including NFT fantasy sports contest-like games. In December 2021, the National Football League Player Association announced that it would partner with DraftKings Inc. to launch gamified NFT collections during the 2022-2023 NFL season. On March 29, 2022, …
NFT Fantasy Sports Games: MLB Enters the Playing Field Read More »
On April 28, 2022, the Federal Trade Commission (“FTC”) unanimously approved a Notice of Proposed Rulemaking (“NPRM”) and an Advanced Notice of Proposed Rulemaking (“ANPRM”) that would amend the Telemarketing Sales Rule (“TSR”). The FTC believes these changes are necessary to protect consumers from deceptive and abusive telemarketing practices. Please note that any business that …
In a recently released Advanced Notice of Proposed Rulemaking (“Notice”), the Federal Trade Commission (“FTC”) is seeking comment on certain important proposed amendments to the Telemarketing Sales Rule (“TSR”). Among these proposed (but not yet enacted) amendments is the potential repeal or narrowing of the long-standing Business to Business (“B2B”) exception. On a basic level, …
FTC Begins TSR Rulemaking Process, Targets Repeal of B2B Exception Read More »
The beginning of a potential business relationship is an exciting time, whether one is an inventor with a new software application or an established business with a new joint venture in mind. It may be tempting to seize an opportunity to pursue an advantageous business relationship without waiting for paperwork to be produced and signed. …
Why Non-Disclosure Agreements (NDAs) Are a Must: Confidentially Speaking Read More »
Last year, Virginia passed the Consumer Data Protection Act (“CDPA”), marking the Commonwealth’s entry into the state data privacy law field. The Virginia privacy law goes into effect January 1, 2023. In this year’s legislative session, the Commonwealth passed important amendments to the CDPA. With no regulatory body involved in implementing the CDPA, these amendments …
Legislature Finalizes Virginia Privacy Law for 2023 Debut Read More »
Starting in December 2022, a series of significant laws (domestic and international) are due to come into effect, which will impact new AND existing vendor contracts. Vendor contracts are agreements between two parties (a vendor and a business/individual) that detail the goods and/or services that will be provided in exchange for compensation. The applicability of …
Stay Compliant: Update Your Vendor Contracts Before 2023 Read More »
The last two years have seen exponential growth in state privacy laws. In 2020, voters in California approved sweeping changes to the State’s landmark privacy law when they enacted the California Privacy Rights Act (“CPRA”). Virginia and Colorado followed suit in 2021, and Utah joined them in early 2022. Now, the Connecticut Senate has unanimously …
On April 20, 2022, the National Basketball Association (“NBA”) engaged in a bit of NFT marketing and released 18,000 free NFTs in an exclusive drop, available only to its Discord server’s earliest members. In dropping “The Association” NFT collection (the “Collection”), the NBA had intended to allow each of its qualifying Discord channel members to …
National Basketball Association NFT Marketing Efforts Exploited Read More »
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