Question time. Can a NFT theoretically be "diluted" by just…

Twetch ·

Question time. Can a NFT theoretically be "diluted" by just re-releasing the same art on a different platform or different chain?? If so, maybe some predefined immutable rule that X platform/chain has the true original copies, and all others are worth $0

Replies

Twetch ·

NFTs just like all items must have proof of authenticity attached to them. By the creator. Legally enforced with lawyers if needed. Thats the only way.

Its like what scammer kreg is saying about keys not meaning ownership

Twetch ·

At the very least the NFT has a unique identifier in the contract

Twetch ·

you dont need a lawyer yo proove authenticity on chain tho. OP concern is legit but its unlikely that any artists that worth anything would scam like this

Twetch ·

you still thinking like a crypto cuck. For anything serious there must be proof of authenticity signed and passed along with the artwork or NFT.

Real world

I have a fake $SHUA in my wallet already 😅

Twetch ·

Because putting filing metadata on creator is wrong 😂

Twetch ·

Right, So I guess theres a certain bit of trust required, but for any established artist theyre probably not going to ruin their reputation by doing something stupid

Twetch ·

Yes.

but you never know in the secondary markets

Twetch ·

Look how Vechain are doing it

Something like this atleast if you want it legit

https://youtu.be/ERlp9CB1lig

Twetch ·

True, so on the topic of digital only NFTs, would etching something into the original art/card/nft like THIS IS ONLY VALUALBE ON TWETCH / ORIGINALLY MINTED ON TWETCH 24/04/2021. You think that would help to deter dodgy counterfits in secondary markets?