3 ms·
> 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 repr
by 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.