CQS/FV Advogados advises the launch of the first NFT marketplace for Brazilian music
CQS/FV – Cesnik, Quintino, Salinas, Fittipaldi and Valerio Advogados advised the launch of the first NFT marketplace for Brazilian music
CQS/FV advised the launch of another client from the Technology area: Phonogram.me. The platform is the first marketplace in NFT (Non Fungible Token – a kind of authenticity certificate for digital items) of Brazilian music. Unpublished song manuscripts, exclusive GIFs and lifetime tickets are some of the items that may be available to fans.
Phonogram.me seeks to bring profitable options to Brazilian artists considering the digital demands in which we are inserted. Unlike artistic items such as paintings, for example, in which the author receives money for the sale only once regardless if the work is sold several times later, the sale of NFTs pays the authors for each new transaction.
For this case, CQS/FV worked with different specialties of its services portfolio, such as Corporate, Tax, Contracts, Brands, Technology and Regulatory, with a team composed by the partners Fernando Quintino (pictured left), Daniella Galvão *pictured centre) and Ygor Valerio (pictured right), by the associated lawyers Raul Mahfuz, Alessandro Amadeu and Thaís Moraes and by the paralegal Felipe Seiki.
The firm works in cooperation with Filipe Tavares, a partner lawyer specialized in Corporate law and Capital Markets.