Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism...
by snarkyturtle on Saturday February 12, 2022 @04:33PM
(#30316727)
But by taking money in exchange for a transaction that persists on a blockchain that separates OpenSea from, say, Pirate Bay. It was free to create an account and upload a torrent file and then the sharing occurred off-platform. But since OpenSea operates in the same way as any web 2.0 platform — providing an API that interacts with the thing that does the hosting/sharing — it's more liable to things like copywrite infringement.
Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism...
by K0nserv on Saturday February 12, 2022 @04:40PM
(#30316804)
I think the analogy with the Pirate Bay actually holds up pretty well. In the end bidding on Open Sea results in a contract method being called on the blockchain which transfers the actual ownership.
Sure, just like the music/film industry targetted Pirate Bay as a central place for sharing torrent files, the same thing can happen with OpenSea.
The more important point I'm making is that the fact that anyone can deploy their own EIP-721 contract means that there has to be central agreement about which is the legitimate version of an NFT. I find this to be an amusing property for a, supposedly, decentralised system.
It’s also not clear at all which law in which jurisdiction this would be a violation of. It’s akin to a web link, which aren’t illegal anywhere AFAIK.