The first Miro NFT ever?

@Henrik Ståhl -

While this is likely a first, I’m curious as to the legality of taking an original creation created by a group of people and having a single person become the asset owner as opposed to Miro or the community as a whole…

Kiron

@Kiron Bondale That’s the thing about NFTs – there is no legality.

The way it’s built right now, the only thing you’re paying for when buying an NFT is a token, the so called “certificate of authenticity.” But there’s nothing stopping anyone from minting another NFT pointing to the exact same file. It has no inherent legal meaning whasoever and does not grant copyright or intellectual property rights, or any other legal rights for that matter. The only thing you “own” is a record on a blockchain; it doesn’t grant ownership of the actual file. 

As long as the actual file isn’t registered on the blockchain but only the token, NFTs are useless. I’d say basically all NFTs today are scams and ponzi schemes. 🙂 

@Helena Brandist It means you are the Master of the Miroverse! 🤩

(You already were before that though, so not sure this will have any real impact on your daily life… 😄)