3 ms·
“ linked to metaverse/tokenisation/digital fandom” What does this buzzwordiness mean in practical reality?
by germinalphrase 5y ago
“ linked to metaverse/tokenisation/digital fandom”
What does this buzzwordiness mean in practical reality?
- MichaelBurge 5y agoHe's going to raise money to buy the rights to music, mint NFTs, sell bite-sized ownership chunks to thousands of people for the nostalgia value, and then hire lawyers to sue people violating copyright(such as people playing copyrighted music in online video games), and distribute the rewards based on ownership of the NFT. Sort of like creating a new RIAA - some of your profit is licensing the music, and some is settlement money from mass lawsuits that you send to every torrent pirate or streamer on the internet.