[dschnurr]

Some artists choose to attach "perks" to their NFTs – i.e. meet and greets, access to private communities. They could choose not to honor these perks for NFTs held by contracts. They could even choose to re-mint the work if the new owner is doing nefarious things with the old one (though many would see this as a dubious action)

[scatters]

Eh, so write a warrant to buy the NFT for a dollar, then sell the warrant.

[thebean11]

I think that would be difficult to do trustlessly though, without a smart contract holding the NFT. How can I force you to send me the NFT if I exercise?