On Crypto Art and NFTs

https://mirror.xyz/mattdesl.eth/eUrK8MrRfKFJYVKTwi5F4mCIBJEBOYkZ1qaAiDNblIs

by miracle2k • 5 years ago

8 3 5 years ago

Hokusai• 5 years ago

However, on the other edge of the sword, a system with zero moderation leads to rampant spam, illicit content, “copyminting” (plagiarism), phishing, impersonation, and other problems. Open markets like Hic et Nunc and OpenSea are often forced to de-index and remove content that goes against their code of conduct. This would be like Google removing your website from its search results—your site is still present and functioning, but not easily discoverable. Moderation and indexing on these platforms is a massive challenge, essentially a game of whack-a-mole, leading many users to favour curated or established collections.

The only way I cannot register an NFT from others artists work is if a judge backs them up. NFTs do not grant copyright ownership of the art unless a separate contract exists that specifies that.

So, what does the NFT solves if you still need all the legal assurances to make things work?

Cryptography as a counter example works. Even if a judge determines that I have the right to read a message, I still cannot read it unless I have the keys for the message. Encryption fixes a problem by itself, how do I protect a secret?

SkipperCat• 5 years ago

One thing that the author forgets, is that people purchase replicas of art when they're hand made. When the creator spent time doing the work, not digitally copying it.

Even for prints, typically the artist will inscribe the series #'s and sign it. Missing that human connection to the creator kinda makes digital copies of art not that valuable.

joneholland• 5 years ago

The entire point of a signed print is that you are buying the signature.

The signature is the unique art. The print is just the vessel it sits on. Without the signature it’s just a photocopy.

It has value because it is truly one of a kind, hand created by the artist.

Nothing about a NFT is analogous to this, despite how contorted people try to make the logic.

On Crypto Art and NFTs

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