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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 m12k on Saturday February 12, 2022 @10:15AM (#30313380)
>NFT provides publicly verifiable record of ownership and limited edition-ness (aka scarcity)

Could you explain how the NFT provides the latter? Because it sounds like that's what your contract process and legal assurances ensure - those aren't happening on the blockchain, are they?

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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by obiefernandez on Saturday February 12, 2022 @10:21AM (#30313433)
I’m not referring to ownership of the underlying copyright. I’m referring to ownership of the limited edition good! Works really well for that.
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Re:NFT marketplace shuts, citing 'rampant' fakes, plagiarism... by m12k on Sunday February 13, 2022 @01:47AM (#30319825)
Right, I was asking about the other half of your claim: How does the NFT provide proof of the "limited edition-ness (aka scarcity)" of the good that it provides proof of ownership for? I don't see how the NFT or blockchain allows you to verify that - as far as I can tell, that must always be a matter of trusting your company, and the process it has in place before minting things, to ensure no duplicates are ever made.
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