this post was submitted on 18 Aug 2023
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A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore. (www.theverge.com)
submitted 1 year ago by 2tone@lemmy.world to c/technology@lemmy.world
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[–] magic_lobster_party@kbin.social 12 points 1 year ago (1 children)

How you transact the ownership of NFTs is a different story. I’m reacting to the claim that NFT is “like a certificate of authenticity, but digital”, which is not unique to NFTs at all.

This claim is also often misunderstood, since the NFT can only verify the authenticity of the certificate itself, not the art/asset it’s pointing to.

I can easily create an NFT of Mona Lisa. The blockchain will see no problem with it at all. Heck, I can create 1000 NFTs of Mona Lisa if I want.

[–] Natanael 2 points 1 year ago

Rookie numbers, I can create billions