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A comment on NFT's aren't the answer to the problems of digital art. Parent comment

Re:NFT's aren't the answer to the problems of digital art by KaiserPro on Tuesday November 09, 2021 @06:04AM (#29160110)
But we already have a mechanism for licensing, its copyright.

NFTs provide no new tools or even solutions for tracing, enforcing or indeed arbitrating licensing of a thing. Its just a hash. Photo stock sites already have perceptual hash tracing.

However for them its useless as they only ever sell licenses to use the artwork, not "ownership". They still retain the original copyright, which allows them to sell licenses to use the image/sound/thing

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Re:NFT's aren't the answer to the problems of digital art by davidcbc on Tuesday November 09, 2021 @08:05AM (#29161193)
> Its just a hash

NFTs aren’t even a hash, they are a URL.

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Re:NFT's aren't the answer to the problems of digital art by miracle2k on Tuesday November 09, 2021 @10:10AM (#29162724)
IPFS urls, widely used, are a hash. Media data is also sometimes stored on chain; sometimes code is stored that generates the artwork.
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