Ajay Prashanth, an executive at NFT insights platform Bitscrunch, said that setting up smart contracts to automate the NFT transfer after death is "technically feasible."
Once a nonfungible token (NFT) trader dies, their digital collectibles may be forever lost in the blockchain if they do not have a handover plan set up. Because of this, lawyers believe that it’s best to craft a way to pass on their assets in case of death.
From a legal standpoint, creating an estate plan, which is simply arranging the management and disposal of properties in preparation for future incapacity or death, seems like a great choice. Jaime Herren, a wealth services lawyer, told Cointelegraph that this may be the best step that NFT owners can take to make sure their NFTs are passed on to their loved ones after death. Herren explained that:
“If you have a valuable asset, it is always worth taking steps to ensure it ends up where you want after your death, whether that is to your heirs or to a charity. Substantial crypto assets require planners and fiduciaries with technical knowledge.”
The attorney also explained that if the right plans are already in place, beneficiaries will not need to take any more affirmative actions. All they need to have is a wallet that will receive and hold the tokens. Herren explained that if the NFT owner dies while a comprehensive plan is in place the executor or trustee will be the one to ensure that their NFTs will be transferred to the beneficiaries. However, this also requires NFT collectors to give these executors and trustees instructions to access your wallets.
“Obviously, from the estate planning perspective, the worst thing you can do is hold your blockchain assets in a cold wallet with only a brain key. That is the dreaded situation validating tales of lost permanently lost crypto-fortunes,” Herren added.
According to recent data by blockchain analytics firm Glassnode, there are about 2.7 million Bitcoin (BTC), worth around $76 billion, that have not been touched in a decade. Crypto influencer Anthony Pompliano believes that it’s possible that these assets are either being held by disciplined investors or are already forgotten and lost.
Cointelegraph also asked those working in the NFT space if there's a possibility of automating the transfer of NFTs to specific wallets after death. When asked about this topic, Oscar Franklin Tan, the chief legal officer of NFT platform Enjin, shared that this remains more of a legal issue rather than a tech issue. Tan explained that:
“Smart contracts are certainly flexible enough to transfer NFTs on the death of the owner. However, death in the physical world is not an on-chain event, and the death would have to be linked to the smart contract through an oracle for it to trigger.”
Tan also added that until government death certificates become accessible via blockchain oracles, the death still needs to be linked by a trusted third party like a lawyer, to verify the death. “An on-chain transfer on death will in concept still trigger legal consequences of death, such as inheritance taxes,” he added.
Related: Answering a morbid question: What happens to your Bitcoin when you die?
Ajay Prashanth, the head of ecosystem growth at NFT insights platform Bitscrunch, echoed Tan’s comments on the topic. Prashanth, who is also a software engineer, said that setting up smart contracts to automatically transfer NFTs after death is "technically feasible."
However, in implementing such a system, practical challenges and legal considerations need to be addressed. He explained that after enlisting the help of legal personnel to verify the proof that the collector passed away, it’s necessary to set up the smart contract to connect with the legal documents.
“The process entails defining beneficiaries in the smart contract code or connecting the smart contract to a different legal document, such as a will, that specifies the desired beneficiaries,” he explained. This will allow the smart contract to find the correct recipients and receive specific instructions on what to do after verifying the death, such as transferring the NFTs.
Magazine: Why join a blockchain gaming guild? Fun, profit and create better games
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09.10.25 11:05
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12.10.25 01:12
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12.10.25 21:36
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robertalfred175
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14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
14.10.25 08:46
robertalfred175
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15.10.25 18:07
crypto
Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.
15.10.25 21:52
harristhomas7376
"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
15.10.25 21:52
harristhomas7376
"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1