I'm not going to pretend I have an intimate knowledge of how NFT's work (I need to basically re-research the idea everytime it comes up), but I never understood the financial incentive to buy one, especially for these very old viral videos. I doubt any amount of merch made would make back hundreds of thousands, and I imagine most/all of the B2B potential is gone since these kinds of videos have long since left their 15 minutes of fame.
And As seen here, even the "rich trolling" potential is practically impossible to enforce since we run into the idea of "piracy" (in the loosest form of quotes you can imagine). A problem even billion dollar media empires can't fully enforce. Is there something here I'm missing?
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on a side note: while memes like nyan cat make sense, I find it very ethically dubious to "own" what's essentially a personal memory of a real family. But I guess if it's the family themselves that sold it, the consentual factors are already in place.
And As seen here, even the "rich trolling" potential is practically impossible to enforce since we run into the idea of "piracy" (in the loosest form of quotes you can imagine). A problem even billion dollar media empires can't fully enforce. Is there something here I'm missing?
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on a side note: while memes like nyan cat make sense, I find it very ethically dubious to "own" what's essentially a personal memory of a real family. But I guess if it's the family themselves that sold it, the consentual factors are already in place.