News for hackers. Stuff that matters.

A comment on “The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ NFTs. Parent comment

Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by Vespasian on Saturday November 20, 2021 @03:24AM (#29286479)
That should be possible though shouldn't it?

Tying a copyright license (at least non exclusive) to the NFT transfer sounds not that far fetched. It would be a little bit tricky to make that work globally but you could probably do that as well.

The question is would courts accept it as a valid contacts and how to enforce them. How would NFT prevent infringement (aka mme creating the latest bansky NFT)?

[ Parent | on HN ]
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @07:43AM (#29287589)
> Tying a copyright license (at least non exclusive) to the NFT transfer sounds not that far fetched.

It's indeed what some artists and some of the NFT marketplaces do.

[ Parent | on HN ]
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by qeternity on Saturday November 20, 2021 @08:38AM (#29287957)
You guys are approaching this from the wrong direction: you've taken NFTs and decided they are valuable, and set about trying to prove you can do useful things with them.

All of the things you've mentioned already exist, with a lot less effort. Copyright law is well established on digital goods. Contract/IP law is well established.

If NFTs have utility, beyond greater fool theory, then surely it will exist beyond having to go replicate all of these web2/tradfi/whatever concepts. Otherwise, what's the point?

[ Parent | on HN ]
Re:“The NFT Bay” Shares Multi-Terabyte Archive of ‘Pirated’ ... by detaro on Saturday November 20, 2021 @08:56AM (#29288084)
It's funny how merely providing context apparently makes me a supporter when it comes to this topic.
[ Parent | on HN ]