Comment by @larryscruff • Hey
I've never looked into nfts in any meaningful detail, could you give a quick run down of why they don't give you ownership? I'm curious.
Comments
- This is all my opinion ofc..
I guess it depends on what your idea of ownership is…to me complete ownership would preclude others from using or manipulating your property in any way you don’t want.
Most NFTs right now are JPG links embedded in a token URI. The image (actually the link) is just one part of the NFT, and even though we ascribe it the most value, it’s probably one of the least important bits.
In terms of ownership, there’s nothing that precludes someone from taking that same image and link and dropping it into a new contract and duplicating all of your work. Sure, it’s doesnt originate from the same address, but it’s the same image…so then is it the image that is valuable or just the token uri?
Alternatively, that link could break, the image would disappear, is there still value there? Arguably, if it was traced back to someone super famous there might be..but again it’s not the image that brings value.
So imo, I don’t see NFTs as proving ownership over art, just a lot of confusion 😂 I do think there’s an argument that the NFT itself is art and holds value apart from its link…