3 ms·
You could even create a NFT of the exact same picture, probably. But you'd expose yourself to a lawsuit because you don't own the copyright to the original pic
by norswap 6y ago
You could even create a NFT of the exact same picture, probably.
But you'd expose yourself to a lawsuit because you don't own the copyright to the original picture, and if you sell for a high enough price, it might actually be worth the bother to the copyright holder.
- chrisco255 6y agoNo, these memes are widely circulated and are even monetized through sites like knowyourmeme.com. You could mint an NFT of a meme you didn't create, but it won't sell for much, because people will know it's not minted by the creator. In this case these NFTs are only valuable in sofar as their provenance is verified.
- dls2016 6y agoBut if you don’t host the image, and only re-sell the URL, then where’s the infringement?
- sp332 6y agoCopyright and other rights are not transferred with the NFT. So legally, that Dubai company doesn't even have the right to any copies of the photo that they may have. Edit: this case might have been covered by a separate contract, but it's still not part of the NFT transaction. https://foundation.app/terms https://foundation.app/terms