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Again, the blockchain can positively tell you that the data (whether it’s just a reference to the image or the image itself) was put there by a specific person
by downandout 6y ago
Again, the blockchain can positively tell you that the data (whether it’s just a reference to the image or the image itself) was put there by a specific person that had the keys to a specific address. If that address is associated with the artist, then the artist (or someone with their private keys) put it there. Depending on who that person is, it can add value. This NFT by Beeple [1] just sold for $70 million. Something tells me that your copy, which will not have been put on the blockchain by an address associated with Beeple, won’t fetch the same price.
[1] https://apnews.com/article/beeple-nft-christies-record-sale-69-million-548cfccdad07dc86e7ac09c9926aea38 https://apnews.com/article/beeple-nft-christies-record-sale-...
- lottin 6y agoI don't think that you understand NFTs at all. What's been sold for $70 million is an NFT—a digital token on a blockchain. Not a copy of a digital work by Beeple.
- downandout 6y agoYes, and that NFT had value because it could be proven that it came from Beeple, and represented a specific piece of art. It’s as simple as that.
- lottin 6y agoExactly, it's as simple as that. No piece of digital art was sold in that auction, and no provenance of any piece of art was established either. Your point was?