That’s not NFT theft. The original author of the image holds rights to the image, so they could (if they were insane enough) try prosecuting saving a jpeg.
The NFT doesn’t hold the rights to the image. That’s one of the biggest parts of NFTs. Transferring the NFT doesn’t transfer the image rights, because the NFT doesn’t inherently hold any image rights. The NFT is simply a string of characters that say you own the specific image. But it doesn’t confer any actual rights, aside from being able to say that you own it.
I could mint an NFT for the US constitution. That doesn’t mean I can sue others for reprinting it. Because owning that NFT doesn’t mean I own the copyright for the constitution. I also couldn’t stop someone (like congress) from changing the constitution later. Because again, I don’t actually own the rights to the constitution. All I own is an NFT, which says I own the constitution.
NFT theft would require stealing that token. But again, stealing the token wouldn’t steal the rights to the constitution, because the token didn’t actually confer any ownership rights to the constitution.
so you’re saying that an NFT owner could sue someone who right click saves a jpeg by claiming copyright infringement?
I’m assuming that by now, someone would have tried that in court. possible, but all court cases regarding NFTs tend to be about fraud or stealing the NFT itself rather than going after someone who just right click save the image.
which would be such a BS trial. because they are automatically downloaded in a temp cache whenever you see it displayed in a website.
They’re saying the opposite of that. The image creator could theoretically do so for copyright infringement if they were so inclined, as they retain the rights to the image. The NFT owner owns the Token embedded in the image. The image itself it not what is being traded when NFTs are traded, the ownership rights to the token associated with the image are being traded.
so you’re saying that an NFT owner could sue someone who right click saves a jpeg by claiming copyright infringement?
No, because they don’t hold any rights towards the image. They have the rights to the token proving “ownership” of the image.
Think of it this way: many museums and galleries have art that doesn’t belong to them, but rather to private parties. These owners have documents proving they own the piece of art, but you can, at any time, go to such a museum/gallery and snap a photograph of the art. Or even buy a professional replica.
That’s not NFT theft. The original author of the image holds rights to the image, so they could (if they were insane enough) try prosecuting saving a jpeg.
The NFT owner holds the token, not the image.
The NFT doesn’t hold the rights to the image. That’s one of the biggest parts of NFTs. Transferring the NFT doesn’t transfer the image rights, because the NFT doesn’t inherently hold any image rights. The NFT is simply a string of characters that say you own the specific image. But it doesn’t confer any actual rights, aside from being able to say that you own it.
I could mint an NFT for the US constitution. That doesn’t mean I can sue others for reprinting it. Because owning that NFT doesn’t mean I own the copyright for the constitution. I also couldn’t stop someone (like congress) from changing the constitution later. Because again, I don’t actually own the rights to the constitution. All I own is an NFT, which says I own the constitution.
NFT theft would require stealing that token. But again, stealing the token wouldn’t steal the rights to the constitution, because the token didn’t actually confer any ownership rights to the constitution.
Yes, that’s what I said.
so you’re saying that an NFT owner could sue someone who right click saves a jpeg by claiming copyright infringement?
I’m assuming that by now, someone would have tried that in court. possible, but all court cases regarding NFTs tend to be about fraud or stealing the NFT itself rather than going after someone who just right click save the image.
which would be such a BS trial. because they are automatically downloaded in a temp cache whenever you see it displayed in a website.
They’re saying the opposite of that. The image creator could theoretically do so for copyright infringement if they were so inclined, as they retain the rights to the image. The NFT owner owns the Token embedded in the image. The image itself it not what is being traded when NFTs are traded, the ownership rights to the token associated with the image are being traded.
No, because they don’t hold any rights towards the image. They have the rights to the token proving “ownership” of the image.
Think of it this way: many museums and galleries have art that doesn’t belong to them, but rather to private parties. These owners have documents proving they own the piece of art, but you can, at any time, go to such a museum/gallery and snap a photograph of the art. Or even buy a professional replica.
NFT is the document proving ownership.