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> Cause the NFT itself means nothing to courts or laws, does it? We won't know till it's tried in court, but given that handshake agreements can carry weight i
by banana_giraffe 5y ago
> Cause the NFT itself means nothing to courts or laws, does it?
We won't know till it's tried in court, but given that handshake agreements can carry weight in court if they can be proven, I'd suspect an NFT could be binding.
- jrochkind1 5y agoIs there a handshake agreement that copyright was transferred? Do the NFT auction sites say anything about this? What if the seller says "Oh, you thought I was selling you the copyright in the thing the NFT represents? I don't know how you got that idea, I never said that! I just sold you the NFT, that's it." Do people buying NFT's actually get some kind of agreement that the seller owned the copyright in the thing represneted and sold it with the NFT purchase? Real questions, I don't use these things!
- oneeyedpigeon 5y agoAren't the people who are selling NFTs attaching terms and conditions to the effect of "this doesn't give you actual ownership"? In fact, the article states: > its owner does not actually buy the copyright itself
- banana_giraffe 5y agoOne of these days I'll get the point of NFT. Maybe. If I do, I guess I can sell that event as an NFT. Or something.