Judge’s Recommendation in NFT Golf Club Membership Dispute Favors Blockchain Firm Ethereal, Allowing Case to Proceed
On Thursday, January 25, 2024, United States Magistrate Judge Dustin M. Howell issued a recommendation in a contractual dispute over the use of non-fungible tokens, or NFTs, for golf club memberships. The case involved Austin Beach Club, LLC (ABC), which planned to build an innovative golf course in Austin, Texas featuring music venues, a social club, and water activities in addition to golf. ABC sought to partner with Ethereal, LLC, a blockchain consulting firm, to provide memberships to the golf club in the form of NFTs.
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