Blockchain and NFT make the copyright problem even worse

  • 2022-03-01 08:00:00
  • Blockonomi
When you touch a segment of the market that is worth tens of billions of dollars a year (2021), three things are inevitable, in this order: hype and enthusiasm for the novelty, fraud and theft, and legal consequences. As OpenSea has experienced several problems in recent weeks, Cent - the platform that sold Jack Dorsey's first Tweet in the form of NFT - has blocked most transactions due to the amount of fraud and scams being perpetrated through its system. The UK government also recently seized 3 NFTs (for the first time) worth GBP 1.4 million.