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​NFT questions to ponder. | Web3 Daily

March 1, 2023
in Web3
Reading Time: 2 mins read
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…Talking of Bitcoin NFTs…Luke Dashjr (do not make us say that title out loud) is without doubt one of the authentic Bitcoin builders.

Just a few days in the past an image of among the code he wrote was bought as an NFT on the Bitcoin community.

Downside is, he did not record the NFT.

The particular person(s) who did, used his title and likeness, and he did not know in regards to the plans for the NFT till after it was bought (for 0.41 BTC which is roughly $9500 USD).

Which raises some questions:

Bitcoin’s code is open-source, which means anybody with entry to the web can view it proper right here. However does that imply anybody ought to be capable to take it and revenue from it?

In a world the place you may declare no matter usernames can be found, the place can we draw the road between being pseudonymous and stealing another person’s identification?

As a result of, hey, ‘user1987234’ positive will not have wherever close to as a lot demand for an NFT as ‘@LukeDashjr’.

The vendor of this NFT reached out to Dashjr, providing 90% of the funds from the sale, however he declined the supply.

Luke believes it is an try and bribe him, within the hope that he will not reveal their scheme to others.

However that raises extra questions than solutions. What number of instances has this occurred?

Ethical of the story?

When shopping for NFTs – irrespective of which community they’re related to – at all times triple examine that the vendor is professional, and the artwork is genuine.

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