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> Some do, some don’t None of them do. > the industry standard ”NFT License” transfers limited rights. It doesn't. (Also, there's no "industry standard for N
by dmitriid 5y ago
> Some do, some don’t
None of them do.
> the industry standard ”NFT License” transfers limited rights.
It doesn't. (Also, there's no "industry standard for NFTs")
> but as an example the owners of apes you are calling dumbasses for buying apes and not having ownership, do in fact receive a license to the apes they own.
No, they don't. They receive a hash pointing to a location that may or may not contain that ape, ... and that's it.
> Sure you can copy and “mint” an NFT all you want, no different than any other copyrighted digital work can be copied and reproduced…but you would be violating the law in either case.
And the law has literally nothing to do with NFTs.
> Why do you think copyright protections don’t apply to NFTs and copyrights can’t be enforced when they happen to be NFTs?
Yes, they do. Yes, they can. And they have to do with the actual art being sold, and have nothing to do with NFTs.
- throwawaycities 5y ago> None of them do. Well you proved you don’t know the market at all and you’re willing to just make stuff up, so it’s kind of difficult to engage. Anyone can make an NFT and they can attach any IP rights they want to the NFT, it can be a copyright assignment, it can be a license or it can be none. The market utilizes all the above. > No, they don't. They receive a hash pointing to a location that may or may not contain that ape, ... and that's it. There are underlying legal contracts that are enforceable in court that license the copyrighted work to the owners. For fuck sake owners of Apes have used their commercial license to do everything from make comic books, to make beers, one ape owner even recently signed a partnership deal Adidas for their ape.
- dmitriid 5y ago> Well you proved you don’t know the market at all and you’re willing to just make stuff up I know how the real world works. So no need to make stuff up. > Anyone can make an NFT and they can attach any IP rights they want to the NFT, it can be a copyright assignment, it can be a license or it can be none. The market utilizes all the above. That's not how copyright works. To quote U.S. Copyright Office, "Mere ownership of a copy or phonorecord that embodies a work does not give the owner of that copy or phonorecord the ownership of the copyright in the work." Besides, with NFT you don't even own a "copy or a phonorecord". > There are underlying legal contracts that are enforceable in court that license the copyrighted work to the owners. If there's an underlying legal contract, then that contract governs the license/copyright transfer, and not the NFT. NFT literally mean zero. Nothing about them is legally binding or enforceable. They are the definition of made up. > For fuck sake owners of Apes have used their commercial license 1. Commercial license is not copyright 2. For a commercial license you literally have no need for NFTs