> That sucks, up till now we have "too bad you got delisted from this platform, all your content is gone". But that isn't the case here, his contract is still on chain, and will work with anyone who calls it
Well, it is still "content on a platform", which is Ethereum. If another blockchain comes into existence and most people say that this new blockchain is the source of truth for digital ownership, your old NFTs are worthless, because nobody cares about old Ethereum.
The same is true for wallet apps. If 90 % of people use one specific thing (OpenSea) and think that only this thing is the source of truth, it simply doesn’t matter that your NFT is technically on the chain.
The sense of ownership and the value comes purely from where the attention is right now – and this being the internet, everything can change.
Compare this to the physical world. Here, the attention and trust is in your local laws. If this changes, you can lose ownership (government seizing properties).
The solution is actually to acknowledge that there is no ownership without society.
With Ethereum, people want to build another society, again based on trust/attention. That society has not much overlap to the physical world.
It is not much different than any group of people doing a thing together, like say, an open source project, a clan in EVE or whatever with the only difference that web3 enthusiasts think their hobby has some link to the real world.
Well, it is still "content on a platform", which is Ethereum. If another blockchain comes into existence and most people say that this new blockchain is the source of truth for digital ownership, your old NFTs are worthless, because nobody cares about old Ethereum.
The same is true for wallet apps. If 90 % of people use one specific thing (OpenSea) and think that only this thing is the source of truth, it simply doesn’t matter that your NFT is technically on the chain.
The sense of ownership and the value comes purely from where the attention is right now – and this being the internet, everything can change.
Compare this to the physical world. Here, the attention and trust is in your local laws. If this changes, you can lose ownership (government seizing properties).
The solution is actually to acknowledge that there is no ownership without society.
With Ethereum, people want to build another society, again based on trust/attention. That society has not much overlap to the physical world.
It is not much different than any group of people doing a thing together, like say, an open source project, a clan in EVE or whatever with the only difference that web3 enthusiasts think their hobby has some link to the real world.