5 ms·
Or just straight-up stolen art. For every one artist selling NFTs of their own art, there are easily five NFTs sold by fraudsters misrepresenting themselves to
by pcwalton 5y ago
Or just straight-up stolen art. For every one artist selling NFTs of their own art, there are easily five NFTs sold by fraudsters misrepresenting themselves to have to right to do so.
- marginalia_nu 5y agoWasn't this the literally exact thing NFTs was supposed to prevent?
- RF_Savage 5y agoYet nothing in NFT's prevent it. Even if every artist minted everything they ever post as an NFT it would not prevent it. At most there would be a "first to file" authenthicity mechanism in the NFT storefronts like OpenSea.
- Tenoke 5y agoIf you have the artist's address you can always check that the NFT originated from them. I don't even understand why anyone (mostly non-crypto people) would think it prevents copy pasting.
- benhurmarcel 5y ago> At most there would be a "first to file" authenthicity mechanism in the NFT storefronts like OpenSea. Just alter a pixel or put a minor filter, you’re good to go.
- lottin 5y agoNo, NFTs serve no purpose. As far as use-cases go, they have none.
- seba_dos1 5y agoTo be fair, they do actually have some, but all of those can be better served without a blockchain, which as implemented doesn't even help with decentralization, let alone other claimed things. Well, unless you count market speculation - that's what NFTs currently excel at.
- stjohnswarts 5y agoI'm starting to wonder if we won't eventually go back to "this NFT certified by Christies of New York" otherwise they are basically all worth 0.000000000000000000000000000000000000000000000000000000001 BTC
- nicbou 5y agoPerhaps a sort of trusted authority could validate that...