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You’ll also get a limited edition NFT golden eye vinyl, so you’ll get the album itself as part of the sale. You’ll also get digital collectible album artwork. You will provide the NFT attached to your private key to Kings of Leon to receive your artwork, your album, and your digital download link.
The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate duediligence in determining what rights are granted when procuring an NFT. For instance, CrypToadz is a prominent CC0 NFT project wherein the artwork related to the NFT is in the public domain.
What about editing some NBA Top Shots moments to create a fantasy matchup between Michael Jordan and Steph Curry? The same rule applies to digital artworks sold as NFTs. It would have taken a bit of duediligence, but not much. What you can’t do is make your own “Dune” movie. Definitely.
NFTs have a variety of uses which extend far beyond digital artwork. million USD sale of his “Warrior” painting, which became the most expensive Western artwork sold in Asia. This means that each time an NFT changes hands, the transaction is verified, adding a new record to the chain of ownership.
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