2 ms·
I'm not sure I'm getting you. If you want to do things outside the blockchain against the terms set by the NFT owner, you're in violation of rights (if copyrigh
by fleddr 5y ago
I'm not sure I'm getting you. If you want to do things outside the blockchain against the terms set by the NFT owner, you're in violation of rights (if copyright is properly integrated, currently not the case).
Can you do that? Sure. But it's no different from pirating anything.
I think we're overstating this example. An NFT owner might also claim zero resell royalties and instead go for a higher first-sale price. Or set the royalty percentage lower. I think some balance will be found.
A far bigger issue with NFTs is a single person buying their own NFTs using different wallets. This artificially boost the price, some fool falls for this high perceived value, buys it, and is then forever stuck with it.
The other big issue is front running. Knowing ahead of time which projects will be dropped on major marketplaces. It's insider trading basically.