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Sure, but doesn't that run into the same "yes, but do you actually need an NFT for this" issue I was talking about? Not only can we commission art, do YCH auctions, or sell rights to the original Nyan Cat graphics file without involving blockchain authentication, any license -- implicit or otherwise -- exists independently of the NFT. The license/contract could incorporate the NFT by reference, of course, but in this use case the NFT is also incorporating whatever asset represents by reference; the token doesn't add any value to the transaction, it just adds an extra layer of indirection.

I don't have any problems wit NFT-based transactions like this as long as they're above board, to be clear. It just feels to me like there's a significant component of "it's awesome because we're using a blockchain" to it all, which is kind of like saying "it's awesome because we're using Dijkstra's algorithm": well done for using that computer science degree, but (a) that's an implementation detail and (b) I just want to buy that picture of a bunny girl and it sounds like this is rather overcomplicating it all.

— Chipotle

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