This was my main argument as well. Its like making a DVD "one of a kind" and selling it for $1M while your friend just borrowed the copy and duplicated the movie and shipped it to a thousand sources for $1000 each. Great it has a digital signature but when you can duplicate an NFT(without a digi signature), are the people you're showing …
This was my main argument as well. Its like making a DVD "one of a kind" and selling it for $1M while your friend just borrowed the copy and duplicated the movie and shipped it to a thousand sources for $1000 each. Great it has a digital signature but when you can duplicate an NFT(without a digi signature), are the people you're showing it to going to dig deep into the coding? Highly doubtful. My problem is an NFT in most cases is the copy of the original anyways so its like buying a digital picture of "The Mona Lisa" while some guy has used an iphone on ultra high resolution and sold copies of it on photo print for the same cost you bought the NFT Mona Lisa. It just doesnt have blockchain coding
Yeah someone can make copies of the Mona Lisa, but only one person can truely own the real one. An NFT registers that. U see?
Another eg, I could buy a special edition Channel bag, or any Channel bag for that matter, Is it real? An NFT could and will show it is. It could show where it was purchased, who the original purchaser was ect.
This was my main argument as well. Its like making a DVD "one of a kind" and selling it for $1M while your friend just borrowed the copy and duplicated the movie and shipped it to a thousand sources for $1000 each. Great it has a digital signature but when you can duplicate an NFT(without a digi signature), are the people you're showing it to going to dig deep into the coding? Highly doubtful. My problem is an NFT in most cases is the copy of the original anyways so its like buying a digital picture of "The Mona Lisa" while some guy has used an iphone on ultra high resolution and sold copies of it on photo print for the same cost you bought the NFT Mona Lisa. It just doesnt have blockchain coding
Yeah someone can make copies of the Mona Lisa, but only one person can truely own the real one. An NFT registers that. U see?
Another eg, I could buy a special edition Channel bag, or any Channel bag for that matter, Is it real? An NFT could and will show it is. It could show where it was purchased, who the original purchaser was ect.
NFT’s could work in so many ways.
But if you can make an exact copy of the mona lisa no one's going to care about the original. Digital files can be perfectly replicated.