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These are all really good questions. I'm not sure that there are equally good answers. Right now, it seems that people are taking things on trust, buying only
by rjknight 6y ago
These are all really good questions. I'm not sure that there are equally good answers.
Right now, it seems that people are taking things on trust, buying only from digital artists who have very active online presence, and whose social media accounts are presumed to be true representations of the artist.
Nobody is running what I would consider to be a robust system for verifying digital identities for signing NFTs.
- prepend 6y agoThat’s interesting. I wonder if they are real purchases or just crypto purchases based on high growth, not necessarily high investment. I suppose since there’s no identity authority, if Twitter were to remove my account then I could just create somewhere else and repost my keys. Does this mean that artists are keeping wallets or private keys somewhere? Or are these identity keys only held by intermediaries? I guess we’ll get some stories how people get scammed out of their keys. I can see an attack to get the keys after an artist’s death and start cranking out and selling new NFTs until I get caught.