- Joined
- Jul 18, 2020
My list was about why everyone hates NFTs in general, since you said you don't know why everyone's so mad about them.I'm completely allowed to include a notice (as StoneToss did) that the purchase conveys rights to the image. If I don't honor that I've committed fraud.
I don't know how a legal framework for selling rights with the NFT would look like, but I know that the mainstream people don't add any contractual shit to it since they don't actually care about selling anything. The whole thing is treated like the wild west by scammers, with people selling NFTs of artworks they don't own themselves etc. There's no checks at all.
I don't really see the point of it tbh, you still need actual courts to enforce anything, so why not sell shit the old fashioned way. It makes sense for you, since you're banned from everything, but most of the people involved with this aren't and can just send a paypal invoice. Good on Stonetoss that he managed to milk this, but I hope his customers don't end up regretting it because they thought it's something it isn't. I doubt they would have paid that much for a regular commission by him. I see that with other artists too, patrons can pay to have a custom piece of art created for a fraction of what they pay for a useless uncustomized NFT. This whole thing reeks of cognitive dysfunction and market manipulation.
I'm happy if you can make money this way, I just wanted to make you know what kind of market you're dealing with.
Godspeed.