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dafoex | 4 years ago

The most useful NFT I've seen so far is Decentraland's LAND token, which behaves much like a deed to a plot of virtual land. Its something you could theoretically download free gratis, but as LAND is linked to a finite space in a living virtual world, you'll never own it in its entirety by just screenshoting it because your copy is desyncronised from the original.

A photograph, or even a 3D scan of the Eiffel tower does not mean you own it or infringe on the owner's or designer's perceived rights, and likewise a copy of the land isolated from the Decentraland grid does not mean you own the LAND.

Tl;dr, I think NFTs need to focus on being a record or something - anything! Rather than being the new way to buy art, sell the technology as the new way to do deeds, licences, certificates, etc.

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