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Author Topic: NFTs and License Terms  (Read 14530 times)

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Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #50 on: January 26, 2022, 17:50 »
0
Are there actually any NFTs for anything physical?

Beeple sometimes includes physical items with his NFT's... https://niftygateway.com/itemdetail/primary/0xd92e44ac213b9ebda0178e1523cc0ce177b7fa96/2

Most are all just digital but I've heard of quite a few with physical stuff as well.

After I looked around and got past the scam sites, yes, it appears that some include a digital receipt, proof of ownership, and then a connected product, a physical item. That sounds like a good use. Proof of purchase and registration?


SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #51 on: January 26, 2022, 18:52 »
0
One NFT was by a tennis person and you got to shoot some tennis with them on the Wimbledon pitch for an hour or so. Can't remember who, I don't know the names. Maybe the Scottish one. Or the slightly older English one. 

« Reply #52 on: January 26, 2022, 19:03 »
0
...

Here's what one of the sites says, beyond their other erroneous claims, (not a direct quote) you can create a NFT for a family recipe and protect it for generations to come. Sorry but you cannot protect or copyright a recipe. A book of them yes, but a single recipe, no.

not quite:
"Recipes can be protected under copyright law if they are accompanied by substantial literary expression. This expression can be an explanation or detailed directions, which is likely why food and recipe bloggers often share stories and personal anecdotes alongside a recipes ingredients".  https://copyrightalliance.org/are-recipes-cookbooks-protected-by-copyright/

in practice, i've been amazed how many detailed recipes are plagiarized.  i keep finding multiple sites with basically the same recipe - often large chunks word-for-word. and these are large 'respected' sites

ShadySue

  • There is a crack in everything
« Reply #53 on: January 26, 2022, 20:28 »
0
One NFT was by a tennis person and you got to shoot some tennis with them on the Wimbledon pitch for an hour or so. Can't remember who, I don't know the names. Maybe the Scottish one. Or the slightly older English one.
In real life? if so, how would the NFT be different from e.g. winning a charity auction for same?

Or virtual like Stan Wawrinka?
https://www.bloomberg.com/news/articles/2022-01-12/tennis-star-stan-wawrinka-jumps-into-nft-game

Or is it getting an NFT for a clip of the moment Sir Andy won Wimbledon?
https://www.reuters.com/world/uk/game-set-token-murray-cashes-2013-wimbledon-win-2021-06-24
Because heaven forfend you'd want to watch it on YouTube like a pleb:
https://www.youtube.com/watch?v=2PYyEDl1bJk

 ::)
« Last Edit: January 26, 2022, 20:42 by ShadySue »

SpaceStockFootage

  • Space, Sci-Fi and Astronomy Related Stock Footage

« Reply #54 on: January 27, 2022, 01:05 »
0
Yes, that's the one! It was essentially exactly the same as a charity auction... just that none of the money went to charity!* But you get all of the below, plus the NFT and the physical display/box etc. It went for $177,777 in the end.

"In the case of Murray's NFT they also get two tickets to Centre Court for the 2022 men's Wimbledon finals, a chance to play tennis with the 34-year-old and signed souvenirs".

*JUst seen this bit, so some of the money went to charity: "WENEW will receive a portion of the proceeds, but the majority will go to the people involved in making the moment".
« Last Edit: January 27, 2022, 01:08 by SpaceStockFootage »

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #55 on: January 27, 2022, 11:09 »
0
...

Here's what one of the sites says, beyond their other erroneous claims, (not a direct quote) you can create a NFT for a family recipe and protect it for generations to come. Sorry but you cannot protect or copyright a recipe. A book of them yes, but a single recipe, no.

not quite:
"Recipes can be protected under copyright law if they are accompanied by substantial literary expression. This expression can be an explanation or detailed directions, which is likely why food and recipe bloggers often share stories and personal anecdotes alongside a recipes ingredients".  https://copyrightalliance.org/are-recipes-cookbooks-protected-by-copyright/

in practice, i've been amazed how many detailed recipes are plagiarized.  i keep finding multiple sites with basically the same recipe - often large chunks word-for-word. and these are large 'respected' sites

Yes there are always exceptions to a general ruling. substantial literary expression. which is (ask a lawyer) what is substantial? Same as appropriation or art which in one jurisdiction is alright as long as there's substantial modification or alterations and another it's plagiarism and copyright infringement.

But the easy part is, making a family recipe a NFT doesn't protect it.

As for copying, there are entire websites that are nothing but copied text and information. I mean copy and paste information and answers, that others have copied and pasted and in the future more others will do the same.

iStock, or maybe better said, Getty and their public domain rights grab, is pretty weak. If I take an out of copyright illustration and restore it, or (here we are again?) substantially alter it, I can claim copyright for the new work. What they were doing was just taking scans or photos and calling it theirs, even when it's still public domain. Just making a copy of the original, shouldn't make it a new work.

Maybe the argument, also a stretch in my opinion, is, creating a digital work from an analog version, is now a new work?

Meanwhile the other side: Courts have found that recipes are wholly factual and functional, and therefore uncopyrightable. As the Sixth Circuit described in Tomaydo-Tomahdo, LLC v. Vozary, the list of ingredients is merely a factual statement, and as previously discussed, facts are not copyrightable. Furthermore, a recipes instructions, as functional directions, are statutorily excluded from copyright protection.

You can't copyright facts or functional instructions. You can't copyright an idea.

Good points that you added, if the story or personal anecdotes are included, they are protected.

So easy enough, if someone copies a recipe, in simple terms, they can copy the ingredients and the instructions, but not photos or personal commentary.

Back at NFTs and what they are and aren't. I'm beginning to like the part where they are a digital receipt for something, locked in code and one of a kind. That could be useful.
 
« Last Edit: January 27, 2022, 11:12 by Uncle Pete »


« Reply #57 on: February 03, 2022, 14:44 »
0
dipping my toes into NFT - took a while to setup & organize, but actual listing is easy

https://opensea.io/collection/landscape-fantasies

« Reply #58 on: February 04, 2022, 03:41 »
+7
I made a collection on Opensea last month too.
It is completely free if you use Polygon network. Images are going to be minted as NFTs only if and when someone buys them.
My conclusion: it does not matter what you offer/sell. It matters who you are. Pretty much the opposite of stock. You have to have Twitter account with many followers already established. And I don't. And do not want to start one.
When I uploaded my images they were immediately lost in the void of radnom other images uploaded every second. And when I say "random" I do not mean it in terms of "stock photography" random. Everybody can upload everything. No limits, no reviews.


Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #59 on: February 04, 2022, 09:19 »
+1
My conclusion: it does not matter what you offer/sell. It matters who you are. Pretty much the opposite of stock.

I think you hit that out of the park. I did some and then I thought about the real market. I'd have to have a Twitter account and Facebook and drive my public image, get followers, and maybe find someone to buy a NFT. People with good reputations and followings will do much better than anyone just starting up.

Promotion and attraction, gotta have a gimmick. That will do it.  :)

« Reply #60 on: February 04, 2022, 18:02 »
+1
agree - where SEO is necessary for artist online sales, social media drive NFT

having setup collections, my next step is to work on twitter & instagram -- one sale will beat most agency monthly income (and maybe i'll get 2 sales a month!)

« Reply #61 on: February 08, 2022, 13:23 »
+2
I learned a new term from this article about NFTs and rampant plagiarism and theft on OpenSea - lazy minting. It's easy to create listings because you don't actually put anything into the blockchain unless you sell.

The bulk of the article is about how difficult it is for people whose work has been ripped off, especially if it was a large volume of work, scraped by bots, when you have to file individual DMCA take-down notices. There was a suggestion that worked for some to use Google (OpenSea's host) for the takedown notices as they responded faster

https://www.theverge.com/22905295/counterfeit-nft-artist-ripoffs-opensea-deviantart

https://twitter.com/Hapiel/status/1474039458366373890?s=20



ShadySue

  • There is a crack in everything
« Reply #62 on: February 14, 2022, 06:21 »
+2
How is it that apart from a few people who seem to be intent on pushing crypto stuff on various newsgroups I'm on, just about* everything I read about crypto is criminal? And why does that not surprise me?
https://www.bbc.co.uk/news/business-60369879

*But not quite. The world's largest Black Diamond was bought last week from Sotheby's, which is a famous and long-established UK auctioneer, by 'cryptocurrency' (unspecified)
https://www.bbc.co.uk/news/business-60328375

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #63 on: February 14, 2022, 13:03 »
+1
How is it that apart from a few people who seem to be intent on pushing crypto stuff on various newsgroups I'm on, just about* everything I read about crypto is criminal? And why does that not surprise me?
https://www.bbc.co.uk/news/business-60369879

*But not quite. The world's largest Black Diamond was bought last week from Sotheby's, which is a famous and long-established UK auctioneer, by 'cryptocurrency' (unspecified)
https://www.bbc.co.uk/news/business-60328375

That shows who's really making money with this pyramid scheme.

"HEX monetizes the time value of money in a totally new and better way. It takes the concept of CDs to the next level: HEX replaces inefficient currencies, banks and payment networks with verifiably secure peer-to-peer technology. "

Yeah baby, get your Beanie's, Pez, Pogs, postage stamps and Franklin Mint limited editions. Collect Crypto

« Reply #64 on: February 14, 2022, 14:36 »
0
How is it that apart from a few people who seem to be intent on pushing crypto stuff on various newsgroups I'm on, just about* everything I read about crypto is criminal? And why does that not surprise me?
https://www.bbc.co.uk/news/business-60369879
...

the fraud concerned NFT, not crypto per se

i'm neither a cryptophile nor a conspiracist, but...
given that transactions are anonymous, one has to wonder why business reporting is so negative (while emphasizing caveat emptor)

ShadySue

  • There is a crack in everything
« Reply #65 on: February 14, 2022, 16:35 »
+2
True, I should have written it better, esp as this thread concerns NFT rather than crypto.
I guess my excuse is that it's all geek to me.

Meanwhile:
https://www.dpreview.com/news/4722710433/nft-marketplace-cent-temporarily-halts-most-trading-due-to-widespread-fraud

« Reply #66 on: February 14, 2022, 18:00 »
0
True, I should have written it better, esp as this thread concerns NFT rather than crypto.
I guess my excuse is that it's all geek to me.

Meanwhile:
https://www.dpreview.com/news/4722710433/nft-marketplace-cent-temporarily-halts-most-trading-due-to-widespread-fraud


no problem -- i was mainly amused(?) by the experts who say crypto is mostly criminal with little/no evidence


« Reply #67 on: February 14, 2022, 18:03 »
0

« Reply #68 on: February 15, 2022, 08:27 »
+1
True, I should have written it better, esp as this thread concerns NFT rather than crypto.
I guess my excuse is that it's all geek to me.

Meanwhile:
https://www.dpreview.com/news/4722710433/nft-marketplace-cent-temporarily-halts-most-trading-due-to-widespread-fraud


no problem -- i was mainly amused(?) by the experts who say crypto is mostly criminal with little/no evidence

NFT Whack-A-Mole
https://protos.com/cent-nft-valuables-right-click-save-hiatus/

ShadySue

  • There is a crack in everything
« Reply #69 on: February 18, 2022, 13:49 »
+3
Meanwhile, the third Mrs Trump is releasing her latest batch of NFTs.
"Trump will be releasing a new collection on February 21, Presidents' Day. She is promoting the "POTUS NFT Collection" as a trove of 10,000 separate NFTs, each priced at $50.

According to a statement released by Trump on Thursday, the collection will highlight "iconic moments" from the Trump administration's four-year run. It will feature 10 digital artworks capturing events ranging from Christmas at the White House to the Trumps' visit to Mount Rushmore in 2020.

The works will not be viewable by buyers until a purchase is made using the Solana cryptocurrency.
"Collectors will enjoy an element of surprise, as the artwork of each NFT is revealed only after purchase," the statement read. "Of course, collectors can make multiple purchases to own the entire POTUS Trump Collection."


https://www.businessinsider.com/melania-trump-launch-nft-collection-iconic-moments-from-trump-presidency-2022-2?r=US&IR=T

I have many thoughts on this, but I'm best to keep them to myself.



« Reply #70 on: February 18, 2022, 14:46 »
+8
I have many thoughts on this, but I'm best to keep them to myself.

Scamming con-artists until the end.

« Reply #71 on: February 18, 2022, 14:52 »
+5
The last NFT issued by these grifters was reportedly bought by the grifters themselves:

https://www.vice.com/en/article/m7vpx8/analyzing-the-very-bizarre-sale-of-melania-trumps-dollar170000-nft

Tossers!

Uncle Pete

  • Great Place by a Great Lake - My Home Port
« Reply #72 on: February 18, 2022, 17:49 »
+1
The last NFT issued by these grifters was reportedly bought by the grifters themselves:

https://www.vice.com/en/article/m7vpx8/analyzing-the-very-bizarre-sale-of-melania-trumps-dollar170000-nft

Tossers!

I thought crypto was anonymous?  ::)

Lets see, pump and dump, they sell out, buying their own, and then the fools think they are going up in value. They NFTs go on sale again, for more.

Rather than focusing on whether an asset, digital or not is overvalued or not, greater fool investors assess the likelihood of selling sell the investment to someone else for a higher price than what they paid. At some point the number of investors who think they can find someone else to buy their foolish investment will be less, the values will fall, the market will collapse for that investment.

« Reply #73 on: February 18, 2022, 22:17 »
0

I thought crypto was anonymous?  ::)


No - at least not in the sense of a record no one can examine. As the article detailed:

"Public blockchains like Solana (and Bitcoin and Ethereum) have the benefit of allowing anybody in the world to follow the money, since every transaction is tied to an address and records are permanent."

It is anonymous in that making the claim to have made the purchase on behalf of an unspecified third party can't be verified. But then we're talking about an enterprise that thought it was OK to lie about the number of floors in a condo development...

From a Nov 2016 NY Times article:

"Or take the Trump International Hotel and Tower, the hotel and residential building on Columbus Circle that was, pre-Trump, the 44-story Gulf & Western office building. Mr. Trump improved the structure so thoroughly that it managed to stretch into a 52-story tower, even though it stayed, strictly speaking, the same height. Because new apartment buildings usually have lower ceilings than office buildings, Mr. Trump explained in 1994, the 583-foot building was about as tall as a conventional 60-story residential building."

"Then there is the Trump World Tower on the East Side, built in 2001, which enraged antagonists as varied as Walter Cronkite (whose views it blocked) and the United Nations (whose height it dwarfed). At 90 stories and 900 feet actually 70 and 843, according to Buildings Department records the World Tower was once billed as the tallest residential tower in the world, until it was overtaken by a skyscraper in Dubai"

https://www.gq.com/story/donald-trump-glamorizes-his-buildings-by-misnumbering-how-high-the-floors-are
https://www.forbes.com/sites/chasewithorn/2017/05/03/donald-trump-has-been-lying-about-the-size-of-his-penthouse/?sh=912a7d71ef82
https://www.architecturaldigest.com/story/donald-trump-penthouse-size


ShadySue

  • There is a crack in everything
« Reply #74 on: February 19, 2022, 05:01 »
+1
I really wish that Trump and Boris would wander off into the sunset hand in hand.


 

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