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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.
(markets.businessinsider.com)
this post was submitted on 21 Sep 2023
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Technology
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I still think NFTs could be used to make a form of DRM that is actually fair to the consumer, by maki g it so you can resell your digital goods and also make it so your digital rights don't vanish as soon as the seller gets bored. But nobody in a position to make that happen wants that.
DRM =/= fair to the consumer.
DRM as a concept seeks to limit your digital rights. Any DRM of any kind is a form of punishment to the consumer. You bought it, it should be yours to do with in perpetuity as you please.
We should worry more about what corporations are doing with people's work, than what individuals are doing with what they've paid for.
Or simply, if someone's profiting off of someone else's work, then worry about the rules.
Copyright only exists to serve society, to promote the creation of content. It's not about restricting anything, other than as far as it helps more people create, more creation happen. Corporations stomping on individuals does not promote creation.