As the crypto market saw its first NFT rage in 2017 through the booming series of ‘Cryptoarts’ consisting of CryptoPunks, Rare Pepe, and CryptoKitties, several famed personalities from different fields dived into the NFT wave and spent their dollars to get their hands on those subtle gemstones with caricaturish appearances.
With the emergence of the NFT storm, many out there who found Crypto elements as a bunch of overestimated digital pieces and straight absurd started trolling the NFT buyers by kicking off the ‘Right click and save’ movement. Through this, the crypto critics would just save the crazy costly NFT images shared on social media and then tag and troll the same NFTbuyers on the copy of their original pieces.
- Advertisement -
While many ‘pricey NFT’ buyers see a quick promotional opportunity in the ‘copy-pasting’ of their NFT assets, some out there speak rough about this straight infringement of the status of their original assets which costs them millions of dollars. After thisNFT fan RookieXBT claimed to have purchased CryptoPunk 3794 for $157,069, the right-click savers plunged into doing their thing in no time. To which, RookieXBTresponded by saying, “bro this is so dumb, people are stealing my punk that I paid $225k for and using it as their profile picture,” wrote the CryptoPunk owner on July 31. “How is this legal”.
It Is Possible To ‘Copy’ NFTs But That Not Entirely
The NFTs being non-fungible in nature can’t be replaced and can be just ‘Right-click-saved’. They can’t be copied with their exact same nature as all NFTs are distinguished from each other by unique identification codes and metadata. As NFTs started getting prominence in the Crypto market, people started noticing them, some poured in heaps of dollars in purchasing the associated assets, also some barged into the ‘copy-pasting’ tactics to steal the contents of the original pieces and sell that on different marketplaces as their own. But there is this ‘smart contract’ on every digital asset or non-fungible token which is registered on the blockchain, making it super tough to prove something real if that’s a copy. Additionally, individuals can’t copy the smart contract, making the NFT ‘one of a kind’.Each smart contract provides additional terms of usage and possible details when acquiring the NFT. Since anyone goes check some transaction on the blockchain through the address, which is a piece of 42 randomized characters, others can be held accountable for an original or copied token. Soin the entirety, NFTs are verifiable and it creates essential trust among all parties involved because thousands of computers confirm that. So the real ownership strictly stays with the actual owners only. But since a lot of actual owners of NFTs object to the copying of their million-dollar arts, two major queries pop in our minds, which are –
Is it illegal to copy NFTs though?
Although it’s not straight illegal to ‘right-click-save’ other NFTs, also there aren’t as such legal punishments against those who practice this. Still, some secondary marketplaces such as Rarible, OpenSea have teams who ensure that no such acts be practiced on their platforms. Such teams mainly look for the acts of selling screenshot copied NFTs through fake new accounts and take strict actions.
- Advertisement -
Why ‘Right-click-save’ formula is problematic to some?
The NFT enthusiasts spend thousands of dollars to get the ownership of some digital assets. Some feel punched in the guts on seeing their exorbitant priced digital pieces being simply copied and pasted to others’ profile pictures. Some actual owners consider it as ‘stealing property’ and often reach out on social media, venting and issuing legal threats to the copycats. While some others laugh it off and see it as a great promotion to their art pieces.
To prevent the copy-pasting ruckus, many social media networks are redesigning their features to disable such attempts. Some are offering new features to help verify the authenticity of an NFT for a profile picture and prepare double-layered protection. Twitter has recently put out a new feature altering the shape of profile pictures for NFT collections and allowing them to connect to their virtual wallets to properly switch their new profile picture to their NFT artwork. Also, Reddit is planning on rolling out some similar kind of feature.
For deep details, you can read the full article. Click the link below :
