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Old 01-18-2022, 06:17 PM
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Rhotchkiss Rhotchkiss is offline
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Bob, I think thats a reasonable comparison. Or, consider original negative of a very famous photo. Imagine you had the negative of Ruth bowing out in his last game. The actual negative. You could make a millions pics off it, but there is only one negative. I think thats what an NFT is like, except its not tangible, its digital. But you can take it to another level - I can produce 20 photos from the negative, label them 1-20 and then destroy the negative or somehow retire it so more pics can be made. You can do this with an NFT too - make a limited edition/run, 1 of 20 of the same thing. Or, you can make some dumb monkey with 85 different hats on and sell each one of those hat-monkeys as an NFT that is part of the larger monkey-hat run. I am not saying this is a good buy, but only trying to explain, in somewhat "earthly" terms, what I think an NFT is.

And, as the owner, I think you would be able to bring actions against people who used your NFT without licensing it/permission; just like if someone used my painting or song in a commercial or movie.
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