A Sneak Peek to NFTs: An overview on their use and legal qualification under Turkish Law

A tokenized JPEG image titled “Everydays: The First 5000 Days,” made global headlines recently when it sold at Christie’s for nearly $69.4M. This auction caused NFT valuations to skyrocket toward territory once thought exclusive to Old Masters. In the following article, Burcu Tuzcu Ersin, Ezgi Baklacı Gülkokar, Ece Berkman, and Ceylan Necipoğlu discuss the rise of NFTs and its current treatment under Turkish law.