Web3 NFT vs. Token: The Legal Distinction Every Founder Should Understand Before Launch Founders treat "launching a token" and "dropping an NFT" as the same decision. Legally, they aren't. Fungible tokens and NFTs diverge on securities law, IP ownership, and tax — how Howey, copyright's signed-writing rule, and the IRS collectibles look-through apply to each.
Web3 SAFTs vs. SAFEs for Web3 Startups: How Pre-Token Funding Actually Works Founders get told to "use a SAFT" as if it were the crypto version of a SAFE. It isn't. A SAFE converts into equity; a SAFT converts into tokens whose securities status the SEC litigated against in Telegram and Kik. Here's how pre-token funding actually works in 2026.
Founders The Howey Test for Founders: When Your Token Is a Security Most founders launching tokens don't have a clear framework for whether they're issuing a security. The Howey test has four prongs, and the SEC has applied each of them to token issuers in ways that would surprise most founders who think 'utility' is the safe word.
AI Law AI-Washing Litigation in 2026: What Public-Company GCs Need to Know On Jan 14, 2025, the SEC charged Presto Automation with the first public-company AI-washing action. Four enforcement surfaces — SEC, plaintiffs' bar, FTC, and EU AI Act — now scrutinize every public AI claim. The GC's pre-clearance workstream is the answer.
AI Law Drafting AI Disclosures for the 10-K: Materiality Without Hype Two-front pressure: 92 SEC comments / 56 companies push toward disclosure; AI-washing enforcement (Presto) punishes overstatement. Six-element Item 1A architecture, four-step pre-clearance workflow, integrated documentary spine.