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by dmitriid 1638 days ago
> The claim was "provenance matters".

Here's the full claim: "Provenance is a thing, so no. You're just some rando and nobody would care about your NFT."

It turns out, that "some randos" have a jolly good time on NFT platforms selling stolen goods, and it's not an exception, considering how many of them are. NFTs provide exactly zero help with provenance that "matters".

> tolen art isn't the norm, it's the exception, IRL and on-chain, it's not honest to imply otherwise, and you know better than that.

OpenSea had so many complaints about stolen art that they decided to just remove the complaint form. Because stolen art is the norm on-chain, and NFTs provide exactly zero protection against that, no matter how much you claim that "provenance matters".

It's a norm to such a degree, that it's easy to watch this in near real-time (e.g. https://twitter.com/NFTtheft).

1 comments

>and it's not an exception, considering how many of them are.

Now let's have some numbers on how many legitimate mints/trades are made every day, and then this will be a useful comparison.

Let's start with the proof that NFTs solve issues and help with provenance and then we can even have a discussion