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NFT isn’t attempting to solve DRM or copyright. Likewise, when an artist sells you a signed print, they are not giving you any copyright over the art - nor shou

NFT isn’t attempting to solve DRM or copyright. Likewise, when an artist sells you a signed print, they are not giving you any copyright over the art - nor should they. Not sure what you are arguing about hosting. IPFS is already working well for many NFT projects, because the artist + collectors have an economic incentive to continue to host and maintain the media pointed to by the blockchain tokens.

acdha 5y ago
You described a vision where “the assets still live on the blockchain, and a new platform can easily emerge on top of the same data if there is enough interest” — that requires copyright and hosting to be work. If the assets aren’t on the blockchain and copyright is handled elsewhere as well, we are left with the question of what value the blockchain is providing other than the opportunity to create a market for Ethereum. Also, you may perhaps be aware that NFTs don’t usually convey ownership but a high percentage of the discussion confuses that. Whether or not that’s an intentional sales tactic there are a lot of people who’ve been confused on that point and left wondering why the price is so high for a link to content owned by someone else hosted somewhere else.
- mattdesl 5y ago
  The vision already exists. Assets on ArtBlocks for example are hosted on the chain itself, and several sites exist to display, facilitate, organize, etc the tokens. Similar things are happening off-chain (see Hicetnunc) with ipfs. Ownership in the context of NFT is not about ownership of the artistic intellectual property. Further reading: https://nathanielstern.com/text/2021/custodianship-copyright-and-provenance-on-the-non-monetary-value-of-nfts/ https://nathanielstern.com/text/2021/custodianship-copyright...
  - acdha 5y ago
    > The vision already exists. Assets on ArtBlocks for example are hosted on the chain itself, and several sites exist to display, facilitate, organize, etc the tokens. Similar things are happening off-chain (see Hicetnunc) with ipfs. How does pricing compare to the existing options? On-chain hosting already limits you to public works, which many people are not going to be comfortable with, but this usually comes down to cost and reliability. > Ownership in the context of NFT is not about ownership of the artistic intellectual property. I'm aware but that's not how most of the marketing sounds and it also gets into the question of value. If an NFT doesn't convey real rights and requires paying more for hosting (which is also separate in the case of almost all NFTs currently), the ceiling for long-term value is pretty low.

acdha 5y ago

You described a vision where “the assets still live on the blockchain, and a new platform can easily emerge on top of the same data if there is enough interest” — that requires copyright and hosting to be work. If the assets aren’t on the blockchain and copyright is handled elsewhere as well, we are left with the question of what value the blockchain is providing other than the opportunity to create a market for Ethereum. Also, you may perhaps be aware that NFTs don’t usually convey ownership but a high percentage of the discussion confuses that. Whether or not that’s an intentional sales tactic there are a lot of people who’ve been confused on that point and left wondering why the price is so high for a link to content owned by someone else hosted somewhere else.

mattdesl 5y ago
The vision already exists. Assets on ArtBlocks for example are hosted on the chain itself, and several sites exist to display, facilitate, organize, etc the tokens. Similar things are happening off-chain (see Hicetnunc) with ipfs. Ownership in the context of NFT is not about ownership of the artistic intellectual property. Further reading: https://nathanielstern.com/text/2021/custodianship-copyright-and-provenance-on-the-non-monetary-value-of-nfts/ https://nathanielstern.com/text/2021/custodianship-copyright...
- acdha 5y ago
  > The vision already exists. Assets on ArtBlocks for example are hosted on the chain itself, and several sites exist to display, facilitate, organize, etc the tokens. Similar things are happening off-chain (see Hicetnunc) with ipfs. How does pricing compare to the existing options? On-chain hosting already limits you to public works, which many people are not going to be comfortable with, but this usually comes down to cost and reliability. > Ownership in the context of NFT is not about ownership of the artistic intellectual property. I'm aware but that's not how most of the marketing sounds and it also gets into the question of value. If an NFT doesn't convey real rights and requires paying more for hosting (which is also separate in the case of almost all NFTs currently), the ceiling for long-term value is pretty low.