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Re:My First Impressions of Web3 by phire on Saturday January 08, 2022 @09:03PM (#29859078)
The centralised marketplaces themselves (like OpenSea) are able to and might try to police duplicate NFTs, or other counterfeit near-matches. I'm not actually sure if they actually do.

But on the blockchain itself, the NFT is just a smart contract (bit of code, bit of data) that knows it's current owner, it's name and a URI pointing at the image. There zero mechanism preventing duplicates.

Hell, it's such an unregulated market that the NFT might be based on a custom smart contract with a backdoor that allows the creator to steal it back at any time.

Re:My First Impressions of Web3 by solarmist on Monday January 10, 2022 @02:15PM (#29880127)
Ok, yeah, that's what I thought. So someone could sell a multimillion-dollar NFT, then someone else could duplicate it manually and "re-sell" it, and if they didn't do proper due diligence...
Re:My First Impressions of Web3 by miracle2k on Sunday January 09, 2022 @01:54PM (#29866212)
This is was enables art to happen: https://smart-contracts.host/