Comment by whatisweb3

4 years ago

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."