Cover art by: Metaversive & Midjourney, Prompt: the pyramids drawn by Peter Doig
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Intro
The NFT (Non-Fungible Token) trend has been taking the world by storm, but what exactly does owning an NFT mean? We kick off this edition of Metaversive with a Stanford publication that delves into the technical details behind NFTs and analyzes their smart contract code to provide a clear understanding of NFT ownership. The authors argue that while NFT marketers may emphasize free and clear ownership, these claims must be evaluated in the context of the technical and legal controls that apply to a given project.
The key takeaway is that while retained control may not be problematic, transparency is crucial for promoting adoption by the general public and avoiding regulatory or legal challenges. This publication is a must-read for anyone considering purchasing an NFT as an investment or store of value, as it helps you understand what you are buying and whether the value ascribed to the NFT in the marketplace appropriately reflects its ownership and control rights.
Decoding the Mystery Behind NFT Ownership
Metaverse
Virtual Wardrobe Classes
CEOs, Ready Your Joysticks: A Journey into the Metaverse Awaits
A Technological Mirage?
VR is Changing Our Emotional Landscape
NFTworld rises from the ashes
4K allows people to easily mint NFT’s that digitally represent physical objects. The platform offers infrastructure to securely custody and verify things like high end sneakers and watches.