Selling Web3 Tld Domains

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i'm an individual who purchase a web3 TLD .arsenal, and i'm thinking to sell it to arsenal club, what are the steps, what should i do?
It's important to conduct this in a legal and ethical manner.
*. Contact the club directly or through a legal representative.
*. Negotiate a price.
*. Use a domain escrow service for the transaction.
*. Transfer the domain after the payment is received.
Consult with a local attorney to ensure legality.
i think i dont need most of what you said, as the web3 TLD is considered an NFT, and i can easily put it on a marketplace as opensea, and from the main characteristics of NFT that it is a smart contract, so once they submit an offer on the TLD i can accept it and the ownership along with the NFT will be transfered to them and i will receive the offer price on my wallet
Yes, you're right. Selling Web3 TLDs on platforms like OpenSea is a common practice. But, it's crucial to ensure the legality of the transaction. Even with smart contracts, legal disputes can occur. Therefore, consulting with a local attorney is advisable.
what will the local attorney will do?
A local attorney can help you with:
*. Ensuring that the sale complies with local laws.
*. Understanding any legal implications.
*. Protecting you from potential legal disputes.
*. Providing advice on tax implications.
*. Drafting and reviewing any necessary legal documents.
what about intellectual property, i dont own any intellectual property on .arsenal however i was able to buy it and i own it already now on my wallet in an NFT form
In terms of intellectual property, it's crucial to consider:
*. Trademark infringement: If ".arsenal" is protected under trademark law by Arsenal FC.
*. Cybersquatting: The act of registering a domain name with the intent to profit from the goodwill of a trademark belonging to someone else.
Consult with an attorney to avoid legal issues.
does that can apply on web3 domains? i believe that web3 has no legalities yet
Web3 and NFTs are indeed new areas, but they may still fall under existing laws:
*. Intellectual Property laws.
*. Contract laws.
*. Cyber laws.
It's recommended to consult with a local attorney to understand specific regulations in your jurisdiction.
what if i dont live in the UK at all, i live somewhere else in the world, and i own it, so these laws are not applied in my country
Different jurisdictions have different laws regarding intellectual property and digital assets. However, global entities like Arsenal FC may have trademark rights in multiple countries. To understand the specific legal implications in your location, consider consulting a local attorney.