Your scheme of public keys on websites only works for the Taylor Swifts of the world once they’ve become Taylor Swift. It depends heavily on the social capital

Your scheme of public keys on websites only works for the Taylor Swifts of the world once they’ve become Taylor Swift. It depends heavily on the social capital of websites verifying identity, a system that is pretty useless for new artists. This is roughly as practical as pgp key parties were: not practical at all. What are you going to do, go manually check the signing key on every artists website before doing some NFT transaction with them? Crypto already has a UX problem, don’t make it worse! > A lot of NFTs forego the physical court enforcement over IP. In the same way that fake Luis Vuitton purses don't devalue the original, it's largely ignored. It's still quite possible to find free MP3s on torrents, but the vast majority of people nowadays just use streaming services because it's official and they want to support their favorite artists with revenue. Same will go with NFTs. You can interpret this in one of two ways. 1) NFTs are completely incapable of managing royalties, so they don’t matter. 2) Things wildly unrelated to NFTs do royalties way better, so it doesn’t matter. Neither is a good argument for NFTs, as they tacitly admit that NFTs are incapable of doing royalties at all.