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I still don’t get the point with this stuff. Do I understand correctly that you get no rights or control. Just a claim to own the “original”? Or does that vary depending on the specific NFT?
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Did you know that last night the biggest NFT sale occurred in crypto history? $11,684,101 worth sold to my friend @3LAU in a single night. This is just the beginning. Artists finally have power. Read: edm.com/gear-tech/3lau
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It can vary. But from my experience in the comics/licensed character space, you never get reproduction rights when you buy and original or limited edition print; it's only about owning the original created and authenticated by the artist.
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The other really big deal here is smart contract integration, which means the original artist can get a taste of the revenue every time a piece changes hands. Can help addresss the issue of collectors who make a fortune exploiting artists & reselling at a profit
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Depends on what the creator has decided to sell. In the music space, I’ve seen an experiment by a well-known producer where he sold publishing rights [cash-flowing asset] to a song that is a leap ahead of what others have done so far.
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