4 ms·
What purpose does the NFT serve when there is a physical object to back it?
by messe 4y ago
What purpose does the NFT serve when there is a physical object to back it?
- warning26 4y agoWell, you see, the physical object can be funged, while the NFT cannot!
- xt00 4y agoSo after it disappears into the 1950s in two streaks of flames you can claim you still own it of course..
- newsclues 4y agoThe ability for the manufacturer to get a cut from resales. And whatever they bundle to force the above.
- tyrfing 4y agoNFT to represent ownership or something like that, since they aren't road legal they probably won't have titles. As for actual purpose, it is of course marketing. Side note: it looks like they tried to sell a DeLorean DMC-12 via NFT last year, but didn't actually sell it. This is a brand licensing company, not a car production company, thus the vagueness of what the vehicles actually are. https://brandsuntapped.com/licensing-haus-maria-alcaide-on-creativity-innovation-and-the-opportunities-around-nfts/ https://brandsuntapped.com/licensing-haus-maria-alcaide-on-c...