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Key point: buying the NFT does not transfer rights to you. You're just buying the NFT. The original creator retains the rights to the video.
by floren 5y ago
Key point: buying the NFT does not transfer rights to you. You're just buying the NFT. The original creator retains the rights to the video.
- nickthemagicman 5y agoWhat! HA I understand it even less now.
- hnick 5y agoSounds to me like you understand it perfectly!
- tolbish 5y agoIt's a similar concept to a trading card, in which you don't own nor have any relation to the actual asset depicted on the card. If trading cards were not a thing, you would think the purchase of a Hank Aaron card worth $10,000 would be ridiculous.
- axiosgunnar 5y agoBasically it‘s just one huge meme. Like an autograph has no „intrinsic“ value, people still want them and they can be traded for money as well.
- selfhoster11 5y agoAn autograph = a personal "senpai noticed me" item, which to fans does have some value.
- axiosgunnar 5y agoDid we just come up with a trillion dollar idea - Personalized NFTs? :)