Not sure what the confusion is with. There should be a description of what NFT entitles you to, like with ANY contract.
Not sure what your confusion is with.
Unless NFT are written into ownership/copyright law and it is thereby enforceable by law, then they are completely useless.
Doesn't matter what an NFT supposedly entitles you too...the supposed contract is worthless and unenforceable.
"Let the record show I have an NFT, of the painting of which's copyright you are accusing me of infringing, from a random blockchain that I have pulled out of my asshole."
Whatever, dude or dudette, I am not selling you any or asking you to buy, but the overall dismissive attitude here is, frankly, bewildering to the n-th degree.
Reminds me of the attitude regarding bitcoin by the public at large several years ago.
Bitcoin developers/maintainers are making their own NFTs (on bitcoin side chain), yo.
EDIT: Correction. Although BMN (Blockstrem's mining thingie) is essentially an NFT, they choose to call it a Luxembourg investment contract (I guess because there are no NFT laws yet).
Well maybe, just maybe, the entire future of created arts will be blockchain-ified. Who knows.
I have collaborated with singers and musicians on music projects which are released on the likes of Spotify.
I just don't see a compelling case from the things I've read over the last week why I would go down this route at the moment rather than the avenues I have used in the past.
But sure, things can change.
To me it just seems like many people are using Bitcoin as a reason why every idea on a blockchain should work and be valued at a high price on its own.
It just sounds a bit wishful thinking perhaps. The amount of altcoins is ridiculous now. This can never work if you think about the number of them. Compare to the limited number of companies on stock exchanges.
At a certain time having your own blockchain might be as common as owning a video recording device.
In the past you could convince Doc Brown how amazing a movie studio that you can hold in your hand is.
These days no one gives a shit and there is more content created than can ever be consumed.
Also, Techie musician Imogen Heap looked at integrating music with blockchain for sales and events with Mycelia. I don't think it was a success at all. Frankly, it sounded like a complicated mess that eventually just became a music tour for a while.