Well you proved you don’t know the market at all and you’re willing to just make stuff up, so it’s kind of difficult to engage.
Anyone can make an NFT and they can attach any IP rights they want to the NFT, it can be a copyright assignment, it can be a license or it can be none. The market utilizes all the above.
> No, they don't. They receive a hash pointing to a location that may or may not contain that ape, ... and that's it.
There are underlying legal contracts that are enforceable in court that license the copyrighted work to the owners.
For fuck sake owners of Apes have used their commercial license to do everything from make comic books, to make beers, one ape owner even recently signed a partnership deal Adidas for their ape.
> Well you proved you don’t know the market at all and you’re willing to just make stuff up
I know how the real world works. So no need to make stuff up.
> Anyone can make an NFT and they can attach any IP rights they want to the NFT, it can be a copyright assignment, it can be a license or it can be none. The market utilizes all the above.
That's not how copyright works.
To quote U.S. Copyright Office, "Mere ownership of a copy or phonorecord that embodies a work does not give the owner of that copy or phonorecord the ownership of the copyright in the work."
Besides, with NFT you don't even own a "copy or a phonorecord".
> There are underlying legal contracts that are enforceable in court that license the copyrighted work to the owners.
If there's an underlying legal contract, then that contract governs the license/copyright transfer, and not the NFT.
NFT literally mean zero. Nothing about them is legally binding or enforceable. They are the definition of made up.
> For fuck sake owners of Apes have used their commercial license
1. Commercial license is not copyright
2. For a commercial license you literally have no need for NFTs
Well you proved you don’t know the market at all and you’re willing to just make stuff up, so it’s kind of difficult to engage.
Anyone can make an NFT and they can attach any IP rights they want to the NFT, it can be a copyright assignment, it can be a license or it can be none. The market utilizes all the above.
> No, they don't. They receive a hash pointing to a location that may or may not contain that ape, ... and that's it.
There are underlying legal contracts that are enforceable in court that license the copyrighted work to the owners.
For fuck sake owners of Apes have used their commercial license to do everything from make comic books, to make beers, one ape owner even recently signed a partnership deal Adidas for their ape.