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by jimmaswell
1672 days ago
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> NFTs aren’t the artwork. They’re a fancy crypto receipt that says “I paid X amount to someone and we agreed that transaction had a link to this specific JPEG”. You can technically go into the blockchain and confirm that your receipt was the first, but there’s nothing stopping anyone else from making another NFT of the Mona Lisa and selling it. A bill of sale to the rights to a musical recording is just a receipt and doesn't physically stop anyone from violating copyright, sure. This isn't new. People commission artwork and buy the rights to it all the time. What's new is simply the mechanism being put on a blockchain. I don't get what's so inherently crazy or a scam about that. Furry "adoptables" would map very easily onto NFTs. NFTs for things you don't own are more silly novelties or scams, but we've always had bridge sellers. |
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