NFT craze = Dot Com Bubble 2.0?

If one cannot control access to an asset, or enforce rules related to ownership, then nothing is truly owned. An immediate criticism is that these files are being hosted not on the immutable ledgers the sales are recorded on, but instead on third party servers, IPFS or torrents. This criticism of where the file is located is tangential to the actual issue being that the purchaser does not actually have rights or ownership of anything.

Source: NFT craze = Dot Com Bubble 2.0 – CoinGeek

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.