https://twitter.com/GeoffreyHuntley/status/1461322836165885954?s=20

  • princeofsin [he/him]
    ·
    edit-2
    3 years ago

    When you buy the NFT do you buy all “rights” to it, and technically people would have to ask you for permission to use it?

    No, you don't own shit other than the line of code on the blockchain that this is yours (not the asset itself) :hahaha: . Currently most Ethereum blocks are under 2 KB in size so the image is hosted on a completely different website. So what happens when that website goes down? Do you lose your "art"? Why YES!