this post was submitted on 21 Sep 2023
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

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[–] [email protected] 4 points 1 year ago (2 children)

How would that be fair? There would still be drm running on your computer to verify you have the nft. That would have all the issues of DRM already. And those who want information to be free could still just make illegal cracked copies and distribute them.

[–] [email protected] 5 points 1 year ago (2 children)

Video game ownership rights have been going downhill for years. Most games can disappear from your account at a whim, and you can't sell them on when you're done anymore. At least with blockchain-based DRM, you'd be able to sell it when you're done - and if the thing is hosted in a decentralized manner (IPFS, Pinata etc) then the creator can't simply delete it or delist it. You'd own it without permission.

In theory it could be a good idea. If done right.

[–] [email protected] 3 points 1 year ago

At least with blockchain-based DRM, you’d be able to sell it when you’re done

Or not. The company could choose not to honor that sale.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Hmm, kind of an open source Steam client that shares game files in a secure and verified peer to peer manner and only lets users play that have the corresponding NFT in their connected wallet. Now you'd only need an incentive for someone to develop something better and way more complex than Steam without making anything close to the same profit from it. Also you'd need a reason for publishers to sell their games this way, if after half a year they won't sell a single copy anymore, as there is always someone that offers their used license cheaper.

[–] [email protected] 1 points 1 year ago (1 children)

How is it unfair? To me fair means making sure the creator gets paid without stomping on the rights of the purchaser; in particular, the right to keep the thing after the publisher has gotten bored of selling it, and the right to sell it, though that last one is a difficult proposition with digital goods, seeing as they don't devalue.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

I would say any DRM is unfair, because it works by locking down your own system from yourself, and you should have a right to use your system unencumbered by any restrictive DRM, which tries to take away your right to use the system. Check out Securom and the Sony rootkit. You could buy discs from the publisher, and resell them. But your system was still locked down by the DRM.