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But you can't duplicate the ownership document that is the NFT, at least not anymore than I can duplicate the ownership documentation of a physical piece. The s
by miracle2k 5y ago
But you can't duplicate the ownership document that is the NFT, at least not anymore than I can duplicate the ownership documentation of a physical piece. The situation is even legally the same - it would be fraud if I pretended it's the original, but legal otherwise.
The difference is in the copyability of the work itself.
- Joeboy 5y agoThere's nothing technical stopping you creating further NFTs for the same work, and there's nothing legal stopping you selling them, unless you enter into a separate legal agreement that makes the NFT irrelevant. It occurs to me that selling an NFT is like entering an artwork into a copyright registry, then selling the paperwork (without the actual copyright). To be fair I can imagine the original copyright registration docs for eg. Gone With the Wind being worth something to collectors.