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> So what happens if someone just copies the JPG and puts on their web host? Isn't that essentially what OpenSea is...a hosted service for the JPG. The questio
by vmception 5y ago
> So what happens if someone just copies the JPG and puts on their web host? Isn't that essentially what OpenSea is...a hosted service for the JPG.
The question then is whose problem is that?
“What happens” to who?
There are about 6 or 7 distinct parties in the NFT market, so which person are you thinking about? Who would care and why? What does the rehoster get out of it?
That’s a good start
- mbesto 5y agoRandom example I found on reddit: https://old.reddit.com/r/MichaelReeves/comments/js1ib8/someone_stole_my_art/ https://old.reddit.com/r/MichaelReeves/comments/js1ib8/someo... Now let's say instead of Reddit he posted it on OpenSea. The person that owns it OpenSea then lists the image on Redbubble for financial gain. Who then owns it? Clearly the person who owns it on OpenSea? How do we know the person that posted it on Redbubble isn't the true owner and bblaineC isn't the scammer?
- vmception 5y agoWait, did someone suggest to you that NFT's were a solution to this millennium old reality? Because they aren't. In both scenarios like on Reddit or your NFT version of the scenario, it is up to the consumer to discern (the person that buys a piece of work). These are consumer protection issues before NFTs and after NFTs. People buy non-original work, thats not an NFT problem. People might or might not be able to resell things they buy, whether it is an original or not, that's not an NFT problem. Its not news. Other people try to make it news when NFT's are in the same sentence, but its not clear why. Sometimes when people sell plagiarized work, they receive money, also not news. Its weird I have to even write that, but I guess I have seen people advertise NFTs as something they are not. So try not to be confused by that. The NFT version of this scenario simply makes prior possession, price history of the prior possession, and royalties to the NFT creator, apparent and makes all of that persevere even after the unauthorized listing on the next site is "taken down" or removes it from their GUI due to reports (there is a scenario where the NFT is the plagiarized one, or a second NFT is created that is the plagiarized one. as opposed to just a raster image uploaded onto a pay-for-photos website). The NFT (both the first and second NFT) would still be tradable as there is no way to actually remove it (some implementations can modify the image shown by the NFT, the NFT itself will still exist because the NFT is just a wrapper, more akin to a picture frame). People like that. In the art world, prior possession required lawyers and courts to only partially ascertain and recreate consensus on, price history was also impossible to get with a whole crop of appraisers and insurers involved to recreate consensus on guesswork, and royalties are practically nonexistent except to the most luckiest and privileged content creators who still have to hope they don't need to bring a legal team to ensure payment. NFT's automate all of those things, and that's a massive tweak to a large market that I can see has been a very misunderstand large market. NFT's won't solve a copyright and license dispute. In the scenario where both uploads are NFTs, you could check with the artist. Again because its up to the consumer or collector to figure out if the thing they want to buy/consume is authentic and NFT's aren't there to solve that. NFT's help after consensus on provenance has been reached once. It helps that consensus persevere. Something the art world has lacked for several millennium.
- mbesto 5y ago> Its weird I have to even write that, but I guess I have seen people advertise NFTs as something they are not. So try not to be confused by that. You just stumbled on the problem. NFTs are inherently confusing. > you could check with the artist. Ugh. How do I check with the artist when I don't know who the artist is?! That was precisely my point...in that reddit scenario I can only build consensus about ownership if I have ALL OF THE FACTS. But I don't. > FT's automate all of those things, and that's a massive tweak to a large market that I can see has been a very misunderstand large market. NFT's won't solve a copyright and license dispute. > NFT's help after consensus on provenance has been reached once. It helps that consensus persevere. Something the art world has lacked for several millennium. Ok, so NFTs help with lineage and ownership of value but does nothing to determine who actually originated the art? In other words, NFTs don't care about origination, as long as there is a traceable consensus of monetary value and ownership, regardless of whether that ownership was derived unintentionally. > Something the art world has lacked for several millennium. So you solve one half of the equation (lineage and transfer of ownership) but not the other (origination ownership)? Why on earth would an artist want to pursue that model if both aren't true?
- vmception 5y ago> Ugh. How do I check with the artist when I don't know who the artist is?! If you have interacted in the NFT space, you'll see that consensus on who the artist is forms from the community. Many projects are posted in areas with the artist information there. These are GUI additions that the marketplaces and websites post. Linked Twitter accounts you name it. The NFT itself can also have metadata about the artist, and the image itself can also have metadata or EXIF data about the artist. The address on the blockchain which created the NFT code can also be linked to a particular person by that own person's admission at some point in the past or simultaneously. So all is possible, a centralized component, or a decentralized component but none of the semantics matter: it is possible to determine, unless it isn't, and if it isn't, maybe don't trade that piece of work? Really fascinating to me that this obligation has been shoved onto the technology instead of personal responsibility, I'm more so curious where other people talk about NFTs this way because I don't know where the confusion is coming from. > So you solve one half of the equation (lineage and transfer of ownership) but not the other (origination ownership)? The NFT standard does not prescribe these things, but for you it is possible to get these things, or to just simply ignore the ones that don't give you the assurances you hope for. It's a consumer issue, you have the choice of buying things that fit your criteria. Not an artist issue, not an NFT concept issue. > Why on earth would an artist want to pursue that model if both aren't true? Because the first half of the equation is light years ahead of the alternative already. The most attractive thing to artists is the royalties concept. This is also attractive to the communities of art purchasers, who want to support living artists but found it extremely hard to determine value and community beforehand or in the other art markets. Outside of NFTs, artists have to be celebrities or have hundreds of years of provenance to have a collective conscious on their value. It is extremely limiting and hard to maintain. Now it is very easy, so overnight things have changed. It is useful to know that the ratified NFT standards do not have a way to send royalties after a trade, and the marketplaces themselves do that on the NFT's behalf (ie. when an NFT is traded within a marketplace, royalty information is read from the NFT metadata and funds are sent to the original creator. when an NFT is traded outside of a marketplace no royalties are sent. Some people are working on that.) Also its quite simple: many artists are broke and have no other marketable skills. many other artists have developed other marketable skills but would rather be doing art, if they could exchange time for food and shelter doing it. NFTs are an opportunity for them so they'll take what it provides and let consumers inherit what it provides, and not waiting around for another millennium for origination of ownership to be solved with telepathy (but its also very easy to include who should be the creator of the art depicted and the NFT issued, so I really wonder about what you are experiencing to better understand why you think this is an issue with the NFT space or the NFT concept). Both parties need to be sure they are understanding what they are trading and what they aren't.