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They only function as proof of ownership if there is no dispute. Basically, it just confirms provenance. If an NFT is stolen, or a more original author/owner em
by themagician 5y ago
They only function as proof of ownership if there is no dispute. Basically, it just confirms provenance. If an NFT is stolen, or a more original author/owner emerges, that will take precedence over the NFT in question at which point it will have to be reissued.
The immutable nature of NFTs and crypto in general doesn’t really work well in the real world where we rely on the ability to change things.