Comment

Comment on Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.

deadlyduplicate@lemmy.world ⁨1⁩ ⁨year⁩ ago

Except it’s not ownership, it is digital rights management. Right now DRM is handled by private corporations, not the state, and it generally is anti-consumer. NFTs could be used for DRM in a more pro consumer way.

source

Sort:hotnew top

magnusrufus@lemmy.world ⁨1⁩ ⁨year⁩ ago
That all hinges on a pretty big “could”.

source
- deadlyduplicate@lemmy.world ⁨1⁩ ⁨year⁩ ago
  Absolutely, companies are not going to just decide to implement NFTs in a way that gives more control to users unless it means more money for them. Does change the fact that the technology has that potential, even if it remain unutilized.
  
  source
Syndic@feddit.de ⁨1⁩ ⁨year⁩ ago

NFTs could be used for DRM in a more pro consumer way.

Only if the companies in charge would allow that. And they really have zero incentive to do so. The way it currently is, is way more profitable for them.

source