Ubisoft’s first NFT plans make no sense

Re:Ubisoft’s first NFT plans make no sense by benhurmarcel on Wednesday December 08, 2021 @02:30PM (#29489268)

What happens if an owner loses his private key, or it gets stolen? Does he legally lose his property?

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Re:Ubisoft’s first NFT plans make no sense by jedberg on Wednesday December 08, 2021 @03:16PM (#29489874)

Presumably. But since it's ownership in an LLC, in theory the manager of the LLC could rectify it by issuing a new replacement token or something similar.

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Re:Ubisoft’s first NFT plans make no sense by TomSwirly on Wednesday December 08, 2021 @05:22PM (#29491327)

So what's the point of the blockchain here, if you have a single trusted source?

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