Share this article
Mark Cuban-Backed Nifty's Hires Law Pro as IP Questions Dog NFT Market
As chief legal officer, Olta Andoni will be navigating uncharted waters, given the novel and complex issues posed by NFTs.
Updated Sep 14, 2021, 12:36 p.m. Published Apr 6, 2021, 1:00 p.m.
Nifty's Inc., a fledgling social media platform focused on the burgeoning non-fungible token (NFT) market, has hired a lawyer conversant in both financial technology and intellectual property law.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Olta Andoni has joined the Miami-based startup as chief legal officer, the company announced Tuesday. She is employee No. 5 at Nifty's, which last month said it had raised pre-seed funding from Dallas Mavericks owner Mark Cuban, ConsenSys founder Joseph Lubin and a pseudonymous NFT investor known as 0xb1, along with a host of venture capital firms. (The size of the round was not disclosed.)
In her new role, Andoni will be navigating uncharted waters, given the novel and complex legal questions posed by NFTs in areas such as consumer protection, sanctions, money laundering, copyright and IP, securities, tax and counterfeiting law.
Roughly the digital equivalent of an autographed baseball card – valued for its uniqueness despite an abundance of similar items – these blockchain collectibles have been selling at auctions for as much as eight figures in dollar terms this year, propelled by the star power of artists and celebrities.
Andoni practiced IP law in the U.S. for six years, according to her LinkedIn bio. She then headed the blockchain practice at the Ziliak Law firm in the Chicago area for a year and for the last year worked as a fintech and IP attorney at Zlatkin Wong LLP.
“Olta has been a visible advocate for developing the NFT and broader blockchain universe in a responsible and durable way,” said Jeff Marsilio, CEO and co-founder of Nifty’s, in a statement.
The company said it aims to launch its platform, a sort of hub for NFT collectors and their communities, this spring.
Read more:
How Bananas and Mortgages Can Explain the NFT Craze
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut
The dollar, along with precious metals and bond yields, is reacting as expected to easier financial conditions, but crypto remains in a bearish trend.
What to know:
- The U.S. dollar index (DXY) has fallen to a seven week low following the Fed's rate cut on Wednesday.
- Precious metals are soaring and bond yields are falling.
- Bitcoin remains stuck in a downtrend, falling back below $90,000 after the briefest of rallies.
Top Stories
