I agree with your sentiments on decentralization and the dystopian aspects of what our current web has become.
However I still have yet to be convinced of any real value or need of an NFT. For example let say I am the owner of a famous “Tweet”. This NFT shows exactly what … a unique token saying it’s mine ? A token with no legal recourse to stop others from using what I purchased? If you think about it from an opposing viewpoint in many ways you really own nothing except what people believe you own … which in this case is a small minority of people. A very small subset of people will currently even recognize what an NFT is and an even smaller subset will acknowledge and believe I own anything … reducing its value. Further the information and value of the “Tweet” (or digital art, or whatever) is not contained in the NFT at all.
Let’s say I buy the NFT to some cool digital artwork. Nothing is stopping anyone else from using this artwork… I have no legal recourse to say “heh I own this”. Only a small subset of people will recognize this as any form od ownership at all.
Sorry from my point of view NFT’s seem like a get rich quick fad… maybe am just a grumpy old dude at this point but honestly just don’t much real lasting value here.
However I still have yet to be convinced of any real value or need of an NFT. For example let say I am the owner of a famous “Tweet”. This NFT shows exactly what … a unique token saying it’s mine ? A token with no legal recourse to stop others from using what I purchased? If you think about it from an opposing viewpoint in many ways you really own nothing except what people believe you own … which in this case is a small minority of people. A very small subset of people will currently even recognize what an NFT is and an even smaller subset will acknowledge and believe I own anything … reducing its value. Further the information and value of the “Tweet” (or digital art, or whatever) is not contained in the NFT at all.
Let’s say I buy the NFT to some cool digital artwork. Nothing is stopping anyone else from using this artwork… I have no legal recourse to say “heh I own this”. Only a small subset of people will recognize this as any form od ownership at all.
Sorry from my point of view NFT’s seem like a get rich quick fad… maybe am just a grumpy old dude at this point but honestly just don’t much real lasting value here.