5 ms·

Is it even a fraud? What rights does holding the NFT give to the source object?

• Y_Y 6y ago
  The NFT itself is the fraud.
  • mike00632 6y ago
    Is it? The NBA is selling "clips" of Basketball plays. They make clear in the terms of the sale that the buyer does not have any rights to the video after buying the NFT. The NBA can do whatever it wants with the actual video including selling it again
    • SergeAx 6y ago
      Putting a fraudilent scheme with all caps in your ToS and EULA doesn't make it legit.
    • runawaybottle 6y ago
      Is it not the same for physical basketball cards? I doubt you own the rights to the photograph or even the stats on the card.
  • zepto 6y ago
    How is it a fraud? Nobody claims it to be anything other than a token.