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The Launch of NFT Platform “Artentik”

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Posted: 31st January 2022 by
Lawyer Monthly
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Abreu Advogados advised Portuguese charitable organisation Santa Casa da Misericórdia de Lisboa on the launch of its “Artentik | NFTs for good causes” platform.

Artentik is a marketplace for non-fungible tokens (NFTs), which are registered on the Ethereum blockchain network and linked to images relating to art, relics, sculptures, artefacts and other objects of cultural significance, and which are authenticated by Santa Casa da Misericordia de Lisboa. It is the world’s first digital marketplace for religious relics in an NFT format.

Abreu Advogados advised on all legal aspects related to the creation and development of this platform, including interaction with supervisory authorities on virtual asset service providers, contracting with crypto-asset minting providers, crypto-asset exchange and interplanetary file system providers, development of terms and conditions, definition of rights associated with NFTs and tax analysis of the entire operation.

The Abreu team was led by professional partner Diogo Pereira Duarte, partners Ricardo Henriques and Alexandra Courela and included associated partner Joana Maldonado Reis, senior associates Isabel Pinheiro Torres, Susana Duarte and José Maria Alves Pereira and trainee lawyers Sofia Lopes Agostinho and João Carlos de Gusmão.

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