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RE: Are NFTs still a thing?

in LeoFinance6 months ago

I think a rebranding of NFTs are required so the previous stigma associated with the term isn't thought of when talking about it. There's also the concept of 'Ownership'. What can a holder of an NFT do with their token exactly? Could I perhaps print out the image for my own personal use because it's within my possession? Or would it be alright if I started a business with the mascot or logo being the NFT I purchased?

The contracts for an NFT purchase are loose on their definition of 'Ownership' as sometimes the creator has limitations on how an NFT can be used once it's bought or some other prospect that withholds free use of an NFT in any regard.

The concept seems sound but the early rush really screwed up a lot of meaning behind the idea. There must be more clarification and definition on how far 'Ownership' goes with an NFT.

Thank you for your post! It's interesting seeing how NFTs evolve and how others view them after the early rush of Cryptocurrency and digital assets.