• jarfil@lemmy.world
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    2 years ago

    The monkey company can sign a license granting legal exclusive copyright ownership to whoever has the receipt for the image referenced on the receipt.

    Going backsies on that legal “pinkie swear”, would definitely have legal consequences.

    (DISCLAIMER: I don’t know whether they are giving such license or not)

    • Fisk400@lemmy.world
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      2 years ago

      They are not giving such license and even if they did, it’s a completely different system that is called copyright law. We had that way before NFTs existed. The NFTs part of the system has absolutely nothing to do with the image and copyright management.

      • jarfil@lemmy.world
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        2 years ago

        Trading NFTs gives a cut back to the original creator, copyright law alone doesn’t. Not having a copyright license tied to the NFTs… well, yes, that’s a scam.

        • Fisk400@lemmy.world
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          2 years ago

          All NFTs are scams and if you think any of it isn’t a scam it’s because you are getting scammed by that particular variant.