631
Hackers steal NFTs worth millions. In other news, NFTs worth millions.
(www.theblock.co)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Dec 2023
631 points (95.7% liked)
Technology
57944 readers
2969 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Back with GameStop the hope was the ability to sell/trade digital content like games. Because you actually own the digital content and the proof of purchase, closest to digital ownership I've seen.
PlayStation out here taking games after people bought them and shit is a strong reason for NFTs imo
How would NFTs make any difference for Sony losing rights to a game and removing it from their servers? They still know who purchased it from their own records but still removed access entirely.
That's not what's being said here. Not Sony losing rights to a game, just entirely being unable to provide proof of ownership on digital content.
I've had Microsoft do this to me for Minecraft during their transition to owning it where they claimed I didn't own the game. I had to legitimately email them a picture of a receipt I owned to get my account back. Had I not had that receipt I'd not have the game.
I've never had Sony do this but I hear they've done this exact thing to people in other ways usually DLCs.
With NFTs there's a third party undeniable proof of purchase and ownership. It takes that whole side away from the distributor giving power to the consumer.
In a better world I could then sell that NFT and proof of purchase and the company would honor it for the person I sold it to allowing for the resale of digital content.
It seems like this would solve the wrong problem with digital ownership. Even now the problem is not how to prove it, the problem is that you have to prove, and also that it's not ownership