Quote:
Originally Posted by Jay Random
The biggest thing in the way of NFTs' growth in coming years is that they are inherently worthless. They offer you ‘property’ rights in something that anyone can copy freely and legally.
As a writer, I control my copyrights, and I can sue if they are infringed. To the best of my understanding, NFTs do not come with control of copyright and there is no legal action the owners can take to protect their so-called property against infringement.
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Yes, I believe buying an NFT just gives you ability to officially "own" the NFT; there is no intellectual property or ability to collect royalties included.
So basically it is just to say that you "own" it, and the only value is if someone else wants to "own" it and is willing to pay for it. I understand that it may also include rights to receive "added value" in the future but I can't see what that would entail... another NFT? Another picture I can look at?
I personally don't see the appeal.