All you have is a line in the ledger stating that you own it (and who sold it to you). Whether you can enforce copyright through the courts, is very separate issue, and not NFT function.
It’s as valid as me saying because I am linking the url below, I must own it: https://google.com
NFT has no implication that the url being linked is owned in any way.
It’s just a url just like I posted in this comment. If I own it or not is irrelevant. There’s no proof of actual copyright ownership anywhere involved with NFTs and requires a legal document for copyright, which they don’t have.
NFT is a record of agreement, that one side acquired something from another. It is as powerful as agreement wrote on paper. So, it might be enforced by court, depending on situation.
All you have is a line in the ledger stating that you own it (and who sold it to you). Whether you can enforce copyright through the courts, is very separate issue, and not NFT function.
It’s as valid as me saying because I am linking the url below, I must own it: https://google.com NFT has no implication that the url being linked is owned in any way.
It’s just a url just like I posted in this comment. If I own it or not is irrelevant. There’s no proof of actual copyright ownership anywhere involved with NFTs and requires a legal document for copyright, which they don’t have.
NFT is a record of agreement, that one side acquired something from another. It is as powerful as agreement wrote on paper. So, it might be enforced by court, depending on situation.
I would pay to sit in on a court hearing where a lawyer is trying to explain blockchains, NFTs, and “smart contracts” to a 70 year old judge.