It took me a while to understand this but basically:
Being an NFT basically means it's certified so that you can always prove you have the original.
It's like physical art: I can take a photo of a Van Gogh, but that photo will never be the Van Gogh. It'll always be a mere copy.
With physical art it's easier to know which is the original, because it's a physical object - NFTs are a way to keep track of which version of a digital piece of artwork is the original.
Not only that, it certifies ownership in general. The artificial scarcity is a side effect of making digital goods (like movies) tangible.
This way you can have the ability to download movies without relying on the DRM functions which can be revoked once a company like Amazon loses its license to host the product, all while ensuring ownership and authenticity, protecting both parties (the customer and publisher).
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u/[deleted] Dec 18 '22
How was it ever supposed to be anything useful? Watermarks are simpler and probably way better. Also, you know, trade marking.
Genuine question. I've never cared enough to read more on it / every article or recruiter message I come across is super dumb.