This word does not exist

Re:This word does not exist by azinman2 on Tuesday October 26, 2021 @07:49PM (#29007933)

Which is a bad strategy as dictated by signaling theory [1]. There's nothing rare or costly about them when you can keep hitting refresh to get a new one.

Instead, if there were only a few produced in the world, and you owning it give you some kind of status, then you'd have a real potential NFT.

[1] https://en.wikipedia.org/wiki/Signalling_theory

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Re:This word does not exist by Fnoord on Wednesday October 27, 2021 @02:58AM (#29010317)

It is worse. Anyone can own it. NFTs don't avoid copying, and they are in no way recognized as copyrighted material. Its like having a proof of ownership of a public good: worthless.

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Re:This word does not exist by romwell on Wednesday October 27, 2021 @03:13AM (#29010405)

I don't know what you're talking about.

I just bought the NFT for the SF Golden Gate bridge, which surely means I own it.

The fellow who sold it to me said so.

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Re:This word does not exist by DennisP on Wednesday October 27, 2021 @12:47PM (#29015790)

I bet with the right license you could convey legal rights to the NFT owner.

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