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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.(markets.businessinsider.com)

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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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deadlyduplicate@lemmy.world
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Except it’s not ownership, it is digital rights management. Right now DRM is handled by private corporations, not the state, and it generally is anti-consumer. NFTs could be used for DRM in a more pro consumer way.

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Syndic@feddit.de
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NFTs could be used for DRM in a more pro consumer way.

Only if the companies in charge would allow that. And they really have zero incentive to do so. The way it currently is, is way more profitable for them.

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