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Those are unauthorized. Too bad to the collectors who gave their money to scammers, but those NFTs are worthless the moment the artist declares them forgeries.
by bsanr2 6y ago
Those are unauthorized. Too bad to the collectors who gave their money to scammers, but those NFTs are worthless the moment the artist declares them forgeries.
- iamacyborg 6y agoWorthless according to who? It's not like the artist can take ownership of the NFT
- bsanr2 6y agoThe value of an NFT is in its provenance, just as with traditional works. If you forge a Mondrian, it won't be worth as much as an original Mondrian. It's even worse for NFTs since anyone can own the file data; the value of the NFT is almost purely its relationship to the artist.