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Comment by simias

4 years ago

Oh yeah I just latched onto a portion of your comment that was suitable for my soapboxing, I didn't mean to sound adversarial.

But more generally I don't think there's a good technical solution to this problem. You'll never "own" Iron Man, Star Wars or The Godfather in a true sense, only a license which gives you some rights. Even when you bought physical media you weren't allowed to do many things, such as public viewings for instance. Not because of a technical issue, but a legal one.

I don't think there is a "true sense" of ownership - the term is contextual. You can purchase and "own" an art print, vinyl record, or book even though you don't own the intellectual property rights of that copyrighted material. In the context of blockchains - ownership means having the private key to a public address associated with a token ID.

Camp Chaos and various creative-commons NFT projects are interesting because they generate revenue on the work without having to enforce strict licensing and IP agreements. Users are not buying these tokens to claim "licensing ownership" but "blockchain ownership."