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This exactly was purchased: your certainty. They are speculating about NFTs: the more they are get to know, the more people will buy NFT with the hope they can
by sdevonoes 6y ago
This exactly was purchased: your certainty. They are speculating about NFTs: the more they are get to know, the more people will buy NFT with the hope they can sell them later at a higher price.
- raldi 6y agoWhat am I certain about?
- sdevonoes 6y agoSorry, it was an hyperbole I guess :) What I meant is that they are just speculating about NFTs and that what was actually sold is of no importance. They could as well have sold a 1x1 pixel image, nobody really cares about the digital asset itself...
- raldi 6y agoRight but selling the copyright to a small image, I understand. Or a license to use it. But what was sold here?
- mym1990 6y agoI think to re-phrase, people are speculating that the artist will become well known sometime in the future and the artwork will appreciate. What I don't understand is how ownership is enforced and if a DMCA is filed, who will work that case? I guess there are some bitcoin lawyers out there for that!
- raldi 6y agoSo what was purchased? A trademark? A copyright? A usage license?
- notahacker 6y agoA certificate that says "thanks for donating your money to support the creator". Or in this case, the person who bought the certificate off the creator.
- raldi 6y agoRight, this is why I’m confused — the certificate would more accurately say, “thanks for donating to an investor”