3 ms·

How so, NFTs are exactly about requiring to own a picture to use it and that nobody else can use it. Crypto is exactly about strengthening copyright.

thesandlord 4y ago
https://www.nbcnews.com/tech/security/nft-art-sales-are-booming-just-artists-permission-rcna10798 https://www.nbcnews.com/tech/security/nft-art-sales-are-boom... A lot of the art is stolen. NFTs do nothing to prevent that.
generalpf 4y ago
Uhhh how do you explain people minting tokens for art they don’t own the rights to? And OpenSea turning off their reporting mechanism for this?
- px43 4y ago
  > OpenSea turning off their reporting mechanism What, this? https://support.opensea.io/hc/en-us/articles/4412092785043-What-can-I-do-if-my-copyrighted-works-are-being-sold-without-my-permission- https://support.opensea.io/hc/en-us/articles/4412092785043-W... Art gets stolen from Deviant Art etc every day, as it has been for decades. The NFT ecosystem makes it super easy for people to look at listed art and ensure that the proper artist is getting paid. If they fail to do their due diligence, then the NFT they paid for is worthless. The system seems to be working just fine. NFTs don't prevent theft of IP, nothing does. What it does do is prevent people from effectively profiting off IP theft.
  - krisoft 4y ago
    > What it does do is prevent people from effectively profiting off IP theft. How so? Let's say you made an NFT of your art, how does that prevent someone else printing it on a t-shirt and selling it?
  - dmitriid 4y ago
    > The NFT ecosystem makes it super easy for people to look at listed art and ensure that the proper artist is getting paid. How so? Walk us through the steps that ensure the proper artist is getting paid > If they fail to do their due diligence, then the NFT they paid for is worthless So: - the person who paid for stolen art was scammed out of their money - the original artists weren't paid - the scammer got the money I see, NFT is working as intended > What it does do is prevent people from effectively profiting off IP theft. How come people are profiting off IP theft on NFTs right now?
  - TomSwirly 4y ago
    > What it does do is prevent people from effectively profiting off IP theft. Totally wrong. Utterly wrong. Suppose Alice has an NFT of an image, whereas Bob has legal ownership of that image. Charlie makes a series of T-shirts with the image. Bob can sue Charlie and win. Alice has no rights, not even legal standing to sue. NFTs have zero legal value.
moron4hire 4y ago
Where did you get that idea?

thesandlord 4y ago

https://www.nbcnews.com/tech/security/nft-art-sales-are-booming-just-artists-permission-rcna10798 https://www.nbcnews.com/tech/security/nft-art-sales-are-boom... A lot of the art is stolen. NFTs do nothing to prevent that.

generalpf 4y ago

Uhhh how do you explain people minting tokens for art they don’t own the rights to? And OpenSea turning off their reporting mechanism for this?

px43 4y ago
> OpenSea turning off their reporting mechanism What, this? https://support.opensea.io/hc/en-us/articles/4412092785043-What-can-I-do-if-my-copyrighted-works-are-being-sold-without-my-permission- https://support.opensea.io/hc/en-us/articles/4412092785043-W... Art gets stolen from Deviant Art etc every day, as it has been for decades. The NFT ecosystem makes it super easy for people to look at listed art and ensure that the proper artist is getting paid. If they fail to do their due diligence, then the NFT they paid for is worthless. The system seems to be working just fine. NFTs don't prevent theft of IP, nothing does. What it does do is prevent people from effectively profiting off IP theft.
- krisoft 4y ago
  > What it does do is prevent people from effectively profiting off IP theft. How so? Let's say you made an NFT of your art, how does that prevent someone else printing it on a t-shirt and selling it?
- dmitriid 4y ago
  > The NFT ecosystem makes it super easy for people to look at listed art and ensure that the proper artist is getting paid. How so? Walk us through the steps that ensure the proper artist is getting paid > If they fail to do their due diligence, then the NFT they paid for is worthless So: - the person who paid for stolen art was scammed out of their money - the original artists weren't paid - the scammer got the money I see, NFT is working as intended > What it does do is prevent people from effectively profiting off IP theft. How come people are profiting off IP theft on NFTs right now?
- TomSwirly 4y ago
  > What it does do is prevent people from effectively profiting off IP theft. Totally wrong. Utterly wrong. Suppose Alice has an NFT of an image, whereas Bob has legal ownership of that image. Charlie makes a series of T-shirts with the image. Bob can sue Charlie and win. Alice has no rights, not even legal standing to sue. NFTs have zero legal value.

moron4hire 4y ago

Where did you get that idea?