Comment on The History and Future of Digital Ownership
CaptainSpaceman@lemmy.world 11 months agoYeah, thats what I did when I bought my NFT game. Its in my wallet and I can play it forever, steam or Microsoft or epic or whatever can never take it away from me.
atocci@kbin.social 11 months ago
Where are the streams being hosted though, or where do you download them from? From my understanding, the biggest problem with NFTs is that the NFT itself is nothing more than a token on the blockchain that states you own something, but the files themselves are hosted elsewhere, so if the service hosting the file stops existing, you are left with a token that points to nothing.
CaptainSpaceman@lemmy.world 11 months ago
Depends on the item, the platform its being sold on, etc, but I believe most NFTs are hosted on the IPFS platform which is censor resistant
Some NFTs actually point to physical objects and have the digital token as a “certificate of authenticity”. Ive got a holographic skate deck from a EDM artist shipped to me, has an NFC badge on it for more goodies in the future
The tech is pretty cool, imo, and has a lot of modern use cases.