Post
Topic
Board Development & Technical Discussion
Re: Can't NFTs work on Bitcoin?
by
larry_vw_1955
on 09/02/2022, 04:11:23 UTC

As I mentioned, the issuer needs to represent if the NFT represents exclusive ownership of the underlying asset. If the issuer says the NFT represents exclusive ownership of an asset, then tries to sell a similar NFT on another blockchain, they are selling something they don't own, and would be committing fraud.
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i dont think most people that buy nfts have any type of ownership over the artwork itself thus the above is a mute point.