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A comment on NFT marketplace shuts, citing 'rampant' fakes, plagiarism problem. Parent comment

Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by bnralt on Saturday February 12, 2022 @10:01AM (#30313288)
How does that make it fake? An NFT doesn't convey ownership. I can make a website that simply has a link to Google and sell it to people. That's not a fake website, even though it links to something I don't own. Likewise, I don't need to own the Mona Lisa to sell someone a piece of paper that says "The Mona Lisa is in the Louvre."

This seems to be more about what people are imagining NFTs are than what they actually are.

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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by jrm4 on Saturday February 12, 2022 @11:21AM (#30313904)
This is EXACTLY EXACTLY EXACTLY the problem.

There is ownership, there is copyright, and NFT's doesn't actually say anything remotely conclusive about EITHER of those things.

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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by bryanrasmussen on Saturday February 12, 2022 @10:05AM (#30313310)
>This seems to be more about what people are imagining NFTs are than what they actually are.

yes, and how people are imagining NFTs is highly dependent on how NFTs have been marketed.

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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by numpad0 on Saturday February 12, 2022 @11:22AM (#30313909)
Everyone knows the original artist for Mona Lisa so anyone buying your copy is paying for material rather than artistic value. If you gather arts of obscure-enough origins and sell them off as NFTs, your clientele pays for artistic values you stole, which is a fraud in spirit.

In modern internet, free, high quality, copyrighted but not copyright enforced arts are something that can be sourced at rates of almost items per second, rather than months per item as was in days Da Vinci lived. That makes such frauds extremely easy, and million dollar NFT craze only helps justify it on every aspects except ethical grounds. So it's a problem.

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