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All our apes…gone
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One person sold some NFTs then changed the images to rugs, no clearer way of showing what your actually paying for.
It’s unrealistic to expect 100% apetime.
Not related to the outage itself, but I wonder… can I take an existing NFT’s URL, add a shard (or modify the existing one?), and mint it as a new NFT?
The same URL can be used for an infinite number of NFTs, no idea about that shard thing, tho.
Wait what? I thought it was the hash of the URL, and the same URL generates the same hash (that’s why I thought about changing it by using the fragment - which I’ve mistakenly called “shard” (not sure where I heard that name exactly…))
Every time I think cryptocurrency can’t get any dumber, and every time I’m proven wrong…
From my understanding, and it’s likely I’m remembering it wrong, the whole idea was “you just check the ledger for the first NFT that points to that URL to know who’s the real owner”, which would make the others useless.
So the fragment thing really is necessary, because it’d technically be a different URL and my new NFT will be the first one to match it.
Are you telling me people are STILL paying money for these in 2025? Cause it does say 7. something ETH right there.
if there’s a consistent track record of being able to sell an nft for more than one paid for it, people are more likely to buy it just so they can sell it later for more than it was purchased for. It’s not that much different than any other kind of authenticated memorabilia; you’re not paying for the memorabilia, you’re paying to track the authentication in a repeatable consistent way.
You know the banana with tape over it art piece, right? There is nothing special about the tape or the banana at all, the special part is the authenticated set of instructions that allow the ‘owner’ of the certificate to present the work according to specifications, and since the maintainer of the records proving authenticity will only recognize one person at a time that set of instructions becomes non-fungible.
Don’t tell me we need to bail out Amazon’s banks now too?
instead of spending money on an nft you should just pay $20 to get punched in the face
Too cheap, it cost about 200$ to process an NFT transaction on top of whatever price it was meant to have.
when they were talking about having nft movie tickets, those tickets would have been over 200$ each.
it was as expensive as stupid
But if you saved someone else’s to your computer, you could still see it, lol
nooooooo that’s illegal /s
I paid thousands for that URL please be respectful when you access it, the few months it’s accessible.
Not even, you can save the URL to the image, which is public, because the blockchain is public.
Are they just images hosted on a web server? Who owns the server?
If it’s in the cloud, you don’t own it. There is probably some language in the plethora of TOS involved in these platforms that makes it so you don’t actually own it. You are just licensing it.
has an NFT theft (right click save) ever gone to trial? did anyone ever sue for NFT theft?
A lot of IP theft and license violations is not prosecuted anyway.
That’s not NFT theft. The original author of the image holds rights to the image, so they could (if they were insane enough) try prosecuting saving a jpeg.
The NFT owner holds the token, not the image.
so you’re saying that an NFT owner could sue someone who right click saves a jpeg by claiming copyright infringement?
I’m assuming that by now, someone would have tried that in court. possible, but all court cases regarding NFTs tend to be about fraud or stealing the NFT itself rather than going after someone who just right click save the image.
which would be such a BS trial. because they are automatically downloaded in a temp cache whenever you see it displayed in a website.
so you’re saying that an NFT owner could sue someone who right click saves a jpeg by claiming copyright infringement?
No, because they don’t hold any rights towards the image. They have the rights to the token proving “ownership” of the image.
Think of it this way: many museums and galleries have art that doesn’t belong to them, but rather to private parties. These owners have documents proving they own the piece of art, but you can, at any time, go to such a museum/gallery and snap a photograph of the art. Or even buy a professional replica.
NFT is the document proving ownership.
They’re saying the opposite of that. The image creator could theoretically do so for copyright infringement if they were so inclined, as they retain the rights to the image. The NFT owner owns the Token embedded in the image. The image itself it not what is being traded when NFTs are traded, the ownership rights to the token associated with the image are being traded.
The NFT doesn’t hold the rights to the image. That’s one of the biggest parts of NFTs. Transferring the NFT doesn’t transfer the image rights, because the NFT doesn’t inherently hold any image rights. The NFT is simply a string of characters that say you own the specific image. But it doesn’t confer any actual rights, aside from being able to say that you own it.
I could mint an NFT for the US constitution. That doesn’t mean I can sue others for reprinting it. Because owning that NFT doesn’t mean I own the copyright for the constitution. I also couldn’t stop someone (like congress) from changing the constitution later. Because again, I don’t actually own the rights to the constitution. All I own is an NFT, which says I own the constitution.
NFT theft would require stealing that token. But again, stealing the token wouldn’t steal the rights to the constitution, because the token didn’t actually confer any ownership rights to the constitution.
The NFT doesn’t hold the rights to the image (…)
Yes, that’s what I said.
I think the trend died so quickly that nobody cared about theft lol
I would be shocked, that’s pretty much just a joke about NFTs. The people who own them think being part of the club is what’s valuable, not the jpeg.
They were hosted on AWS! 😅 I thought the expensive ones at least had to be good enough to have the assets on IPFS.
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All my apes gone
Ape escape
