Digital Art Pioneer Prevails in Case Over World’s First NFT (1)

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A New York federal court has dismissed a lawsuit brought by a Canadian company seeking damages over its claim to a pioneering digital artwork.

The ruling Friday from the US District Court Southern District of New York addressed claims related to “Quantum,” a non-fungible token created by the digital artist Kevin McCoy in 2014 that is generally recognized as the first NFT.

NFTs are digital certificates of authenticity stored …

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