How does it work for physical asset tie-ins? Melania is saying each NFT will include a physical artwork and a unique accessory. What's to stop someone from separating the physical artwork and making a counterfeit? Curious myself, but also for a wine-collecting fren...
NFT's are for people who like exclusive and collectable things but realize this is a digital world. It allows people to create Mona Lisa's digitally and limit who can own the rights to it. Physical counterfeits are common, especially from China, but there's usally something that gives it away as a counterfeit. If you don't mind knock-offs then it doesn't bother you but you can't prove it's real, much like having a fake Rolex. You can impress some, but others can tell. She's basically doing an art sale as a fundraiser with a hip digital savvy part to it for people who like that kind of thing.
How does it work for physical asset tie-ins? Melania is saying each NFT will include a physical artwork and a unique accessory. What's to stop someone from separating the physical artwork and making a counterfeit? Curious myself, but also for a wine-collecting fren...
NFT's are for people who like exclusive and collectable things but realize this is a digital world. It allows people to create Mona Lisa's digitally and limit who can own the rights to it. Physical counterfeits are common, especially from China, but there's usally something that gives it away as a counterfeit. If you don't mind knock-offs then it doesn't bother you but you can't prove it's real, much like having a fake Rolex. You can impress some, but others can tell. She's basically doing an art sale as a fundraiser with a hip digital savvy part to it for people who like that kind of thing.
Thanks.