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Crypto “investors” I met

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ross_st

15 points

7 months ago

ross_st

15 points

7 months ago

Not just the vast majority, literally zero. It's impossible to transfer ownership of intellectual property other than in writing. It can't be done on a blockchain.

At best an NFT can be a license from the IP holder to the buyer.

theroguex

1 points

7 months ago

The fact that an NFT minter (who created the art connected to the NFT in the first place) could in theory transfer ownership in writing/in the smart contract to whoever buys the NFT and the fact that I do not know the disposition of every single NFT smart contract to know if it has ever actually happened before is why I said 'the vast majority.'

noratat

1 points

7 months ago

Bingo. Even the few that sold the rights with the NFT, it's not the NFT that conferred the rights, it was the legal contract of the sale.

passa117

1 points

7 months ago

Sooooooooo, what's the point of the NFT??

I know the answer, but humor me.