I need to give Justin a sales call...
Posted on 11/16/2022 4:18:02 PM PST by C19fan
Bored Ape Yacht Club hype was in full swing earlier this year as celebrities “aped into” the pricey Ethereum NFT collection. Some have even used their Apes to create products, themed restaurants, live performances, and more.
(Excerpt) Read more at decrypt.co ...
In fact, it's probably more difficult to enforce than a copyright. If I aped the image of his ape and sold it 10,000 times what law can he use to sue me? Unless there is an accompanying ® issued by the USPTO?
I need to give Justin a sales call...
To be more precise, NFTs are just links to digital cartoon drawings.
Measured in personal buying power, the fall in the price of the NFT ape is minuscule compared to the fall of the fake US dollar.
Buy beans and bullets.
“A Friend In Need”
Not if they confer copyright privileges, or may be redeemed for physical works of art by internationally-recognized artists.
A “bored ape”??
Is this some iFag smartphone thing?
Ive heard people make money with non fungible tokens. But I don’t understand how they have value.
Einstein disagrees with you. He said that fools are an unlimited resource.
NFT’s are virtual real estate that you are supposed to be able to resell. I can’t see why anybody would buy one for investment purposes. If I created an NFT, I can just press copy and paste and create another.
Even if I didn’t do that, somebody else could.
“The sad thing is that in order to keep the block chain from getting too big the NFTs tend to be simple small JPEGs.”
An NFT can represent anything, even real objects.
The rock was solid. You paid for the humour in the accessories.
” A Renoir is a physical object not some fad in the virtual ether.”
An owner could mint an NFT representing a painting
Every time I see acronym NFT, I have to look it up. So, one of something is worth mega bucks?
One can sell them for profit if you find a bigger dumbass than oneself.
Well the tulip bulb bubble was in the 1630s.
So 400 yrs later, we’ve moved it into the realm of digital, LOL.
It sure seems like the modern version...
In the vast majority of cases the purchase of an NFT does not convey ownership of the digital asset, only restricted rights to its use.
In reality an NFT is just a blockchain record containing a link to an object such as digital art, video, music, collectable, or in-game asset.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.