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A comment on Digital-only artwork fetches nearly $70M at Christie's. Parent comment

Re:Digital-only artwork fetches nearly $70M at Christie's by joshspankit on Thursday March 11, 2021 @01:43PM (#26427437)
One main thing will: Your fraud is public record.
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Re:Digital-only artwork fetches nearly $70M at Christie's by KaiserPro on Thursday March 11, 2021 @01:59PM (#26427643)
its only fraud if you try and sell it as anything other than what it is, a hash.

People assume that the NFT is the rights to the actual work. But its just a hash. So selling something as an NFT of "x" is perfectly legal.

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Re:Digital-only artwork fetches nearly $70M at Christie's by joshspankit on Thursday March 11, 2021 @05:43PM (#26429960)
Well yes, and people still successfully sell photos of game consoles when they launch because they put “NOT A PS5. ONLY A PHOTO” in the description.

But we all know it’s buyer beware. My point is more about the people who outright commit fraud (say for example by selling an NFT as a certificate of ownership for something they don’t have the rights to)

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