Re:Ubisoft’s first NFT plans make no sense
by andybak on Wednesday December 08, 2021 @04:37PM
(#29490851)
> However, some NTFs include the IP rights.
Which surely exists separately from the blockchain in conventional contract law?
An NFT can't "include" IP rights. A notice on a website where you buy it might have a grant of contract rights.
Once again - the blockchain adds nothing or very little in return for a ton of technical complexity.
Re:Ubisoft’s first NFT plans make no sense
by pavlov on Wednesday December 08, 2021 @04:11PM
(#29490563)
A license of mostly theoretical usefulness, considering what those apes look like.
You could purchase a custom illustration for $5 from Fiverr that would look better than a generated ape, be more suitable for your use case, and also comes with full rights.
It may be the case for Ubisoft. However, some NTFs include the IP rights. For example, if you bought a Bored Ape NFT, you'd have the rights to use that Ape any way that you want. You can license it out for a Cartoon. Movie or Comic Book. Sell T-shirts, etc.