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Old 04-14-2021, 06:48 AM  
zijlstravideo
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Join Date: Sep 2013
Location: The Netherlands
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Quote:
Originally Posted by Goethe View Post
Each token is unique and written out as a contract. So theoretically as long as the media item has a unique feature, which may be as simple as a serial number, then it would be easier to trace which contract has been breached and by who I suppose.

That’s the theory, not sure about in practice. I’ve noticed lots of contracts don’t transfer copyright and prohibit reselling or sharing - unless reselling the token itself - which may also have a royalty attached for the creator.
Yeah, I get that. I completely understand the concept behind NFTs and benefits it could have. And like you've mentioned, those are indeed user cases in which blockchain or NFTs should be used; license keys, timestamped data, contract signing, identification, smart contracts, historical data, digital assets for games etc. Basically, anything that can be hashed, timestamped and stored onto the blockchain itself.

I also get the whole exclusive art concept of NFTs. Just the definition of "art" suddenly seemed to have drastically changed.

But when NFTs are simply being used to sell, for example, regular adult video content to fans, it doesn't make any sense really. Since the file is located on an external server and the token can be passed along (sold to the next buyer), which prevents the content from being encrypted and servered to the actual customer's wallet, fully encrypted using the buyer's unique public keys.

Unless some sort of smart contract is being used inbetween on both server-side (for file encryption using buyer's public key) and the hash of the new file location is somehow afterwards passed along during the transfer of the token (once the file encryption is finished), which is going to be tricky.

So I don't really see the benefits of selling videos as NFTs to prevent piracy, as it's not like the actual file suddenly became traceable, if it got leaked (unless there's only one buyer, of course).
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