Opinion: Ought to Bored Ape patrons be legally entitled to refunds?

Ought to individuals who buy nonfungible tokens (NFT) be entitled to refunds in the event that they resolve they don’t like their digital footage? Some Europeans are starting to make that case underneath a 25-year-old regulation.

Sad patrons have claimed that their proper to a refund is protected by a 1997 European Union regulation that requires any particular person or enterprise engaged in “distance promoting” — that’s, shopping for and promoting a product that’s not executed in particular person — to permit clients a 14-day grace interval to return the product for a refund. However since digital items are completely different, the regulation makes provision for the 14-day interval to be waived if clients are made conscious prematurely.

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