Nifty Gateway Q&A: Q: Does buyer get copyright? A. In almost all cases artist holds rights to copyright and the NFT smart contract still belongs to artist. Just like digital music albums, copyright rights to the songs are still held by the artist/record label company.
More Nifty Q&A: When artists sell their digital artwork as NFTs, they usually aren't selling underlying copyrights. The digital art is still owned by artist. Q: What do I own? A. You get some basic usage rights 😞like being able to post the img online or as your profile picture.
It's truly incredible how people paid zillions of dollars for NFTs when the main thing they appear to really own (according to Nifty and others) are just basic usage rights and little else. Is it any wonder NFT value is very dubious and NFT sales are dropping like a rock!
How amazing is it to be short from yesterday and keeping my index short position until this morning just before market tanked so my stop gets hit early so ended up making $6 profit from incredible 1214 point Dow swing from 33,444 high to its 32,230 low! My 30-Min chart is below.
To the credit of Nifty Gateway (excellent support) at least they honestly addressed these important issues, unlike Opensea who refused to answer the same questions, instead saying I should consult with an attorney🤣
NFT exchange SudoRare a decentralized non-fungible token (NFT) exchange,suffers quick ‘rug pull’ just 6- hours after its launch. The “rug pull” drained more than $800,000 from the platform. SudoRare went offline on Tuesday, the same day it launched! Source: TheBlock
Like Peter Schiff i've also been predicting BTC under 10k soon and expect NFTs to drop near zero as people slowly realize they are of extremly dubious value since they are little more than a non-copyrighted .jpg image
Nice quotes: It's hard to beat a person who never gives up~Babe Ruth. If you take no risks, you suffer no defeats but by taking no risk you win no victories ~Richard Nixon. Race of life is not always won by mighty. most rugged, swiftest, strongest but often won by most persistent
More US crypto & stock traders should look at futures trading with these advantages: Trade on Regulated US Exchange where you control $27,200 of Nasdq-100 Micro Emini for $515 margin, 52-to-1 leverage. Anyone can go short! Thanks Don @ DayTradingMicroE-MiniFutures for the info😀
Do you think police will get involved over a non-copyrighted jpg img theft?😀Nifty says this: If your NFT was stolen we may stop sale for 7-days. You then get 7-days to get a police report for permanent sale stop. Absent court order or police report we will not prevent NFT sale!
Bumble bees are endangered with populations down about 50%. Bee contributions to our ecosystems are momentous; put simply, life on Earth as it is today would not exist without bees. So why do some unkind people kill them for no reason?
🍯 🐝 This World Honey Bee Day, find out how a movement of beekeepers hopes to tackle the high death rate of
managed honey bee colonies by learning from wild bees and Europe’s traditional practices.
🔎 Find out more: https://chinadialogue.net/en/nature/they-deserve-our-reverence-meet-the-bee-centric-beekeepers/
Does anyone know how to forward an .ETH domain to your website? I'm not able to figure out after spending lots of time looking for how to do it and am guessing maybe it cannot be done?
Did you know there's a new ultra-small BTC futures contract with surprisingly good volume? Benefits: Go Long or Short Coinbase Nano Bitcoin Futures, No Crypto Wallet, Good Leverage, just 1/100th Size of Bitcoin, quite reasonable margin, commission & fees, all with far lower risk.
I think having an animal in our life makes us better humans
Queen guitarist and astrophysicist Dr Brian May has sent us an image of asteroid Ryugu that can be viewed stereoscopically! In this image, Ryugu’s south pole is at the top, where you can see topology such as the Otohime boulder clearly in the stereoscopic view 👓
Size & age of the Cosmos are beyond ordinary human understanding, lost somewhere between immensity and eternity is our tiny planetary home ~ Carl Sagan. Webb Telesope image is size of grain of sand held at arm’s length, a composite looking at galaxies back in time 4 billion years
SQuestions for Opensea or any NFT marketplace: A. Was NFT made by a computer (assume answer to be yes). B. Do I get Copyright? C. If no, why not? D. Do I get ownership contract? E. If blockchain img link, its domain or server goes down, is it fixed & who is liable to get it fixed?
When we asked Opensea about that they replied with this: "we recommend you consult with an attorney"
It's alleged Opensea must know the answer but wants to avoid saying it because it's real negative.
BitMart is selling new Audio NFTs created using (PFP) plug-&-play where users load body/head type, shape & colors in an app which randomly compiles the NFTs. They have same problem as other NFTs made by a computer which cannot be copyrighted thus you have no ownership protection!
Do you see the bearish divergence between price and indicator on this 2-hour candlestick currency chart from today? The divergence is relatively minor but it's there. Assuming you do see it, how valuable do you think it is an indicator to go short?