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by derangedHorse
1672 days ago
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If it's a standard NFT the original developers don't have a say in how a different developer wants to integrate the user's ownership of that token. If I see that your wallet has ownership of "sword of fire" from WoW and want to convert that to "saber of flame" in my game I can. I could even leave the same name, program the same design of the original weapon in, and appropriate the mechanic into my own game (ignoring the legality here and just focusing on feasibility). This is all possible because of how blockchains work -- all transactions (and the resultant change in state) are public and I can always identify which NFTs you own that way. EDIT: I also wanted to add in that the smart contract that supports an NFT can be made in a way that allows the original developers to collect fees on every transfer of the asset. This means it might even be in my best interest as the original developer to endorse other games using my in-game NFTs because the longer I can get people transacting with my asset, the longer I can keep collecting revenue. I might even pay other game developers to integrate my item into their game to make this happen. |
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