At this point, why are we even taking NFTs seriously? Like the whole premise of NFT was like people can copy paste stuff as they like from and to the blockchain. The only thing that you leave with is bragging rights because you have something on the blockchain registered as yours. Platforms should not be using NFTs as a way to validate things.
If people could have figured out how to attach a price to replicable data and convince people that it was worth buying ten years ago, they would have cherished it as much as they are now. The technology and the evangelism are nothing more than distractions.
Have any artists sued NFT platforms for copyright infringement around the sale of their IP?
Am I naive in thinking they could probably get courts to order the NFT platform to pay the artist all proceeds of the sale of their art (from their own pocket if the fraudulent seller was already paid)?
Are the NFT platforms' owners in jurisdictions which make this difficult/impossible?
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[ 4.5 ms ] story [ 19.4 ms ] threadThe point of NFTs is money.
If people could have figured out how to attach a price to replicable data and convince people that it was worth buying ten years ago, they would have cherished it as much as they are now. The technology and the evangelism are nothing more than distractions.
Am I naive in thinking they could probably get courts to order the NFT platform to pay the artist all proceeds of the sale of their art (from their own pocket if the fraudulent seller was already paid)?
Are the NFT platforms' owners in jurisdictions which make this difficult/impossible?
I think NFTs might have some useful application but the current common usage seems like digital tulip mania.
It's frustrating and weird.