In this episode, we explore recent SEC actions against NFT projects, highlighting dissent within the SEC itself. We examine two cases involving Impact Theory and Stoner Cats and discuss the application of the Howey Test in determining NFT securities status. Hester Pierce and Mark Uyeda offer rational perspectives, advocating for clear guidelines to support creators while preserving artistic freedom. These statements highlight the complexities of NFTs, crowdfunding, and the SEC's role in regulating this evolving space. SEC Statements: Collecting Enforcement Actions: Statement on Stoner Cats 2, LLC: https://www.sec.gov/news/statement/peirce-uyeda-statement-stonercats-091323 NFTs & the SEC: Statement on Impact Theory, LLC: https://www.sec.gov/news/statement/peirce-uyeda-statement-nft-082823 12 Eth Essentials: 12 Ethereum Essentials Newsletter: https://NiftyBusinessweek.com/ Twitter @TropicVibes: https://twitter.com/TropicVibes Email: mail[at]niftybusiness.co NFT 101 Episodes: #36 - Web 3.0 Explained #225 - NFTs Explained #30 - 10 Reasons to Buy NFTs #7 - NFT Words & Verbiage #47 - NFT Words & Verbiage Part II #97 - NFT Words & Verbiage Part III Need a Ledger Hardware (Cold) Wallet? *Using this referral link supports this show at no extra cost to you: Ledger Affiliate Link Recommended Reading for Web3 Enthusiasts: The Bitcoin Standard: https://amzn.to/3K31jvL The 10 Best-Ever Anxiety Management Techniques: https://amzn.to/3YphPL2 *Amazon affiliate links