4 ms·
> The first sentence is simply untrue. How is it untrue? I'll quote it in its entirety. > For too long, ownership of Olive Garden franchises has been dominate
by quadrifoliate 5y ago
> The first sentence is simply untrue.
How is it untrue? I'll quote it in its entirety.
> For too long, ownership of Olive Garden franchises has been dominated by the capricious whims of the fiat system.
"For too long, ownership of X has been dominated by Y" is a typical sentence used in advertisements that go on to promise "Now, you too can own X" – so it's reasonable to think that the same is the implication in this case too, especially if your continuing sentence is "That’s why we’re enabling anyone to blah blah blah representing 1 of 880 real Olive Garden franchises in the United States."
Edit: after a bit more conversation and reading the page carefully, they are actually promising some ownership, but in a "Roadmap" as a sneaky way out:
> Use project funds to complete leveraged buyout of Darden Restaurants, Olive Garden's parent company. Upon successful completion, all NFOG franchise owners will now own real Olive Garden franchises.
- jjulius 5y ago>How is it untrue? You misunderstand; they are referring to where you incorrectly quote the website as saying, "ownership of a franchise". >"For too long, ownership of X has been dominated by Y" is a typical sentence used in advertisements that go on to promise "Now, you too can own X"... Which they don't really do here, so that point is moot. What they do go on to say is that you can mint an NFT that represents a franchise, but what you're misunderstanding is the word "represent". Anything can represent anything - the pancake I just made (hooray, breakfast for dinner!) can represent the White House. The bicycle in my garage can represent the International Space Station while I'm out playing with my kids. That doesn't mean that the pancake is the White House, or that my bicycle representing the ISS now means that I own the ISS. Quite simply, it means that for the sake of whatever I'm doing - discussing politics, playing with my kids, or making a parody website that makes fun of NFTs - the NFT itself represents a franchise just because. It sounds stupid, but so are NFTs, and that's the point. That is why myself and others have stressed to you that you need to read the FAQ and the parts where the site goes on to confirm that you do not own, nor have rights to, any Olive Garden franchise just because you have an NFT that represents one.
- quadrifoliate 5y ago> What they do go on to say is that you can mint an NFT that represents a franchise, but what you're misunderstanding is the word "represent". Anything can represent anything - the pancake I just made (hooray, breakfast for dinner!) can represent the White House. The bicycle in my garage can represent the International Space Station while I'm out playing with my kids. My view is that convoluted arguments like this are fine for winning an argument with your friends, and maybe even on an orange website. They are unlikely to cut ice with the legal system when you get hauled up for accepting money for some "representation" of a trademarked franchise. But I guess time will tell. A good experiment for the authors of this would be go on to offer NFT pictures of Disney characters next, and then go on to explain to Disney's lawyers how they aren't actually Finding Dory, just a token that is a representation of Finding Dory.