A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore.
A key feature of NFTs has completely broken / Web3 was supposed to make sure the original artist always got paid. Not so much anymore.
Artists were supposed to keep getting paid. OpenSea is done with that.

You're viewing a single thread.
Stinkywinks @lemmy.world Ik the technology is useful, but selling shit I can screen shot is fucking pointless. If you want to buy shit from the artist, just buy their shit.
13 1 Replyphoneymouse @lemmy.world What you’re buying when you purchase an NFT is a link to a website. That link shows the image. If the link ever breaks because the website goes down or out of business, it’s pretty worthless. I would have thought the implementation would be based on something more enduring like the actual content and not a link.
2 0 Replyanlumo @feddit.de Storing a full JPEG on the blockchain would be way too expensive. It’s not a bulk data storage system.
2 0 Replyphoneymouse @lemmy.world There are alternatives like storing a hash of some sort
1 0 Replyanlumo @feddit.de A hash still isn’t the file itself. I think that the ones that use ipfs even have a hash in the URL.
2 0 Reply