What will I do with all of my slurp juices now? :(
did you know the supposed token that you buy is held in plaintext and easily copyable from the ‘blockchain’
it’s 100% true
Despite the common claims that you’re buying an image, it’s actually much more stupid. You are buying an XML file with a link to an image in it. Anyone is allowed to use the image whatsoever. You do not get claims to the copyright for the image or anything like that.
Not only that, but that XML file itself is also universally accessible, just like the image link, and there is nothing stopping someone from just spamming both the XML and the image everywhere, even from a legal perspective. You buy literally nothing when you buy an NFT. There isn’t even a service being purchased, because the XML file was already being hosted before you paid for it.
It’s true, but it’s not really a big deal. The NFTs are just links pointing to an image, the holder could literally tweet that link and it wouldn’t diminish its value because what matters is that the blockchain says that the holder owns that link.
