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Chaosium Suspends NFT Plans
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<blockquote data-quote="UngainlyTitan" data-source="post: 8550151" data-attributes="member: 28487"><p>First off, nobody sells any type of thing in digital space. All things in digital space are expressions of data of some type and so infinitely copy-able.</p><p>The best you can hope to own, is a copy of the digital data needed to display the object and a perpetual licence to display it. If you suffer a data loss and the entity that sold you the thing is gone then you are so out of luck.</p><p>An NFT does not even give you the above, it usually gives you a link to the data, that some one else is maintaining and they may not even know of your dependence on their stored data. You may have no actual licence and could be liable for IP violations of one sort or another.</p><p></p><p>VeVe as far as I can make out were using NFT more or less as a marketing ploy, what they were offering was the equivalent of an armour skin for a game character. The thing you were getting was only usable inside the VeVe ecosystem, not even a true NFT, there is no way to cash out or pawn the thing off to some other poor fool.</p></blockquote><p></p>
[QUOTE="UngainlyTitan, post: 8550151, member: 28487"] First off, nobody sells any type of thing in digital space. All things in digital space are expressions of data of some type and so infinitely copy-able. The best you can hope to own, is a copy of the digital data needed to display the object and a perpetual licence to display it. If you suffer a data loss and the entity that sold you the thing is gone then you are so out of luck. An NFT does not even give you the above, it usually gives you a link to the data, that some one else is maintaining and they may not even know of your dependence on their stored data. You may have no actual licence and could be liable for IP violations of one sort or another. VeVe as far as I can make out were using NFT more or less as a marketing ploy, what they were offering was the equivalent of an armour skin for a game character. The thing you were getting was only usable inside the VeVe ecosystem, not even a true NFT, there is no way to cash out or pawn the thing off to some other poor fool. [/QUOTE]
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