You very much do own an NFT you purchase, what you don’t own is the asset the NFT represents (the shitty RNG generated monkey for example).
Comment on Hackers steal NFTs worth millions. In other news, NFTs worth millions.
RIP_Cheems@lemmy.world 1 year ago
Let me get this straight, you can steal an not but you can’t own an nft?
Lanusensei87@lemmy.world 1 year ago
d3Xt3r@lemmy.nz 1 year ago
You wouldn’t download an NFT…
capital@lemmy.world 1 year ago
right clicks
Agent641@lemmy.world 1 year ago
No! I forbid it!
RIP_Cheems@lemmy.world 1 year ago
Then what would you do with it? Is it purely for clout? “Hey guys, look, I got an image of this monkey.” Yes monkeys are amazing, but you don’t even own the picture, so what’s the point?
deft@ttrpg.network 1 year ago
I mean low key it’s supposed to be a receipt that can’t be copied. The receipt being slapped onto an image is what most associated with NFTs but it’s more just like a code that provides proof of purchase/ownership because you can trace the history on the block chain
merc@sh.itjust.works 1 year ago
Except more like a star registry because there’s nothing to say you actually own the image. Other people on other blockchains might also claim that they own the image. Other people on the same blockchain might also claim the exact same image, just at a different URL.
Traister101@lemmy.today 1 year ago
It’s a receipt with a link to an image. The image is entirely unrelated to the NFT outside of the link that’s embedded into the NFT
Theharpyeagle@lemmy.world 1 year ago
The rub here being that you really only own the receipt, it doesn’t confer any legal rights or ensure exclusivity of the content it’s attached to. I get why people uninterested in being part of a PNG are excited about them, but I haven’t personally seen a use case for them that isn’t exploitable or already solved by current technology.