4 ms·

What's odd is that the listing on Christie's references a larger christies.com-hosted version of the JPG (3000x3000), here: https://www.christies.com/img/LotIm

What's odd is that the listing on Christie's references a larger christies.com-hosted version of the JPG (3000x3000), here: https://www.christies.com/img/LotImages/2021/NYR/2021_NYR_20447_0001_001(beeple_everydays_the_first_5000_days034733).jpg?mode=max https://www.christies.com/img/LotImages/2021/NYR/2021_NYR_20... Whereas the IPFS version of the image is merely 1200x1200. In this case, it really matters because the image is a mosaic that is virtually indecipherable at the 1200x1200 size. So, it begs the question what is the person actually buying? I get that it's the concept of "ownership" that's being sold, but ownership of what exactly? When the new owner then goes to sell "it", what do they reference? An illegible JPG?

Jasper_ 6y ago
No, the 21069x21069 URL is there in the token, too, if you just find the "raw_media_field" field: https://gateway.pinata.cloud/ipfs/QmPAg1mjxcEQPPtqsLoEcauVedaeMH81WXDPvPx3VC5zUz/ https://gateway.pinata.cloud/ipfs/QmPAg1mjxcEQPPtqsLoEcauVed... The NFT doesn't give you jack shit. As the Conditions of Sale [0] says: > You acknowledge that ownership of an NFT carries no rights, express or implied, other than property rights for the lot (specifically, digital artwork tokenized by the NFT). [0] https://www.christies.com/pdf/onlineonly/ECOMMERCE%20CONDITIONS%20OF%20SALE%20-%20NEW%20YORK-8Mar21.pdf https://www.christies.com/pdf/onlineonly/ECOMMERCE%20CONDITI...
- unclebucknasty 6y ago
  Ah, I see. Thanks. Yeah, interesting that this notion of ownership is separate from IP. And, of course anyone can download the file itself. So, they're essentially selling the right to declare you own it and the ability to sell that right to someone else.
  - m3mnoch 6y ago
    indeed. tho, the important piece is the network. the network doesn't know or care if random people have a locally downloaded copy of the art. all sites, services, validations, virtual worlds, whatever on the network will hit the ethereum contract which gives up an address which you've proved you own by key signature. the network can't see nor does it care about your local files. which means, basically, any other appearance of the art in any other place is just an ad for the current owner of the nft.

Jasper_ 6y ago

No, the 21069x21069 URL is there in the token, too, if you just find the "raw_media_field" field: https://gateway.pinata.cloud/ipfs/QmPAg1mjxcEQPPtqsLoEcauVedaeMH81WXDPvPx3VC5zUz/ https://gateway.pinata.cloud/ipfs/QmPAg1mjxcEQPPtqsLoEcauVed... The NFT doesn't give you jack shit. As the Conditions of Sale [0] says: > You acknowledge that ownership of an NFT carries no rights, express or implied, other than property rights for the lot (specifically, digital artwork tokenized by the NFT). [0] https://www.christies.com/pdf/onlineonly/ECOMMERCE%20CONDITIONS%20OF%20SALE%20-%20NEW%20YORK-8Mar21.pdf https://www.christies.com/pdf/onlineonly/ECOMMERCE%20CONDITI...

unclebucknasty 6y ago
Ah, I see. Thanks. Yeah, interesting that this notion of ownership is separate from IP. And, of course anyone can download the file itself. So, they're essentially selling the right to declare you own it and the ability to sell that right to someone else.
- m3mnoch 6y ago
  indeed. tho, the important piece is the network. the network doesn't know or care if random people have a locally downloaded copy of the art. all sites, services, validations, virtual worlds, whatever on the network will hit the ethereum contract which gives up an address which you've proved you own by key signature. the network can't see nor does it care about your local files. which means, basically, any other appearance of the art in any other place is just an ad for the current owner of the nft.