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Is NFT an eternal copyright now? An NFT is basically a deed of ownership, like buying up property. Such products will never see the public domain, as they are
by thinkingemote 5y ago
Is NFT an eternal copyright now? An NFT is basically a deed of ownership, like buying up property.
Such products will never see the public domain, as they are owned forever. I wonder if the major publishing companies are eyeing these up
- AlexandrB 5y agoBut they're not the copyright: > An NFT is a bit like a collectible certificate of authenticity, but its owner does not actually buy the copyright itself - meaning the artwork the NFT represents can still be shown wherever the original artist or creator chooses. What you "own" when you buy an NFT is bragging rights about owning the NFT. Edit: It's like if you bought the gold masters for Abbey Road. You don't own the copyrights, just a one-of-a-kind representation of that album that you can tell your golf buddies about.
- itisit 5y agoAnd you also own the right to sell the NFT to the next fool.
- kbelder 5y agoAn NFT has nothing to do with ownership of the property. But... if the property is ALSO sold along with the NFT, it will lose copyright protection at life + 70 years just like any other created art. The NFT will then refer to a public domain object, but it gives no power over it. As the laws currently stand, at least. I wonder if the NFT token itself loses copyright and becomes public domain at some point?