Judge Rules in Favor of Artist in Lawsuit Involving ‘First NFT Ever Created’

Judge Rules in Favor of Artist in Lawsuit Involving ‘First NFT Ever Created’ | New York Law Journal

The suit involved digital artist Kevin McCoy’s artwork Quantum. In 2014, McCoy created an NFT of Quantum on a blockchain called Namecoin, and seven years later, McCoy and the auction house Sotheby’s began marketing McCoy’s NFT on the Ethereum blockchain.