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It's like options on a stock market. You don't own the stock itself.(part of the company) Just a link (with rules) to it.
by Bombthecat 5y ago
It's like options on a stock market. You don't own the stock itself.(part of the company) Just a link (with rules) to it.
- zepto 5y agoNot even close. Options give you legally enforceable rights to buy the stock itself. An NFT gives you no such rights.
- Bombthecat 5y agoI don't know the name in english, in german they are called "Optionsscheine" they are like options, but they also get taken down, disabled etc if the stock moved too much.
- zepto 5y agoAn option can have rules that cause it to expire. That doesn’t make it anything like an NFT, because an unexpired option is still a right to buy the media, whereas an NFT never gives you any rights to anything except itself.