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Yes, that is a fair point. One thing I'd note on that subject is that the current market of blockchain-based NFTs does not usually come with copyright restricti
by CryptoPunk 5y ago
Yes, that is a fair point. One thing I'd note on that subject is that the current market of blockchain-based NFTs does not usually come with copyright restrictions. You are allowed to use a copy of an NFTized jpg, but of course the person possessing the NFT can always cryptographically prove that they own the 'official' version, which confers prestige. The analog world corollary would be owning the original Mona Lisa, while others still have the freedom to create copies. The latter does not diminish the value of the former.
So in some sense, right now with most NFTs, you get the best of both worlds: a way to compensate creators of artwork, by giving them a scarce resource representing their creation that will command market value, and the freedom to use the art others release as you want.