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by ynniv 1223 days ago
I’m not aware of any legal protections available to the person holding the private key that last signed an NFT. Digital property rights are enforced by client apps / DRM as well as legal trade agreements, but legal enforcement will be based on traditional registrations and won’t cover on-chain NFT transactions. You can buy my house’s NFT, but I will still legally own my house. Since, as you point out, DRM can always be broken, there is effectively no enforcement of NFT property rights at all.
1 comments

Please refer back to my original comment about people hearing NFTs and for some reason which I fail to understand jump to "physical property". NFTs do not work for physical property but they do for digital.

Enforcement of digital rights is actually easier via NFTs than contracts/client apps etc. because NFTs mathematically can prove ownership (courts just have not caught up yet).