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by ahnick
1191 days ago
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The purpose of having property deeds represented as NFTs on a blockchain is not to eliminate the need for a governing body, but to make the ownership transparent, trivially verifiable, and easy to transfer. I've outlined this many times in this thread at this point. In the event, that a valid copy of off-chain data could not be recovered, then the governing body could use a longer and more manual process to identify the rightful owner and mint a new NFT. |
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So those don't look like things that NFTs make better in this space.