I just remember looking into NFTS when they were gaining hype. There are a few real world use cases for them.
However ultimately the NFT ended up leading back to a URL of the picture. I may be oversimplifying it a little bit but that’s basically how it worked.
So the web hoster could just revoke the URL or set it to something else. So you don’t really own anything. I will have to look at the specifics of this “hack”. But this was always gonna be an issue.
I feel like, with some work, NFTs could be used for decentralized ownership of digital content licenses? But, I sincerely doubt any such companies would care to set that up.
While I know most people would just prefer everything go DRM-free, I’ll admit I became interested in the practice when I learned town libraries can stock AAA console video games, but would have a hard time stocking indie/AA games that have only had digital releases - even if the game’s creator is a hipster that loves libraries, the only simple approach there is to give away infinite free copies of the game.
I just remember looking into NFTS when they were gaining hype. There are a few real world use cases for them.
However ultimately the NFT ended up leading back to a URL of the picture. I may be oversimplifying it a little bit but that’s basically how it worked.
So the web hoster could just revoke the URL or set it to something else. So you don’t really own anything. I will have to look at the specifics of this “hack”. But this was always gonna be an issue.
I feel like, with some work, NFTs could be used for decentralized ownership of digital content licenses? But, I sincerely doubt any such companies would care to set that up.
While I know most people would just prefer everything go DRM-free, I’ll admit I became interested in the practice when I learned town libraries can stock AAA console video games, but would have a hard time stocking indie/AA games that have only had digital releases - even if the game’s creator is a hipster that loves libraries, the only simple approach there is to give away infinite free copies of the game.
You can make images small enough to be hosted within the blockchain and there’s a fair amount of nfts like that. But that’s limited to pixel art stuff