Author: David Bola
Photo Credit: Reworks Festival
Could you introduce yourself and the Rare Candy 3D project?
I'm mostly known in the crypto scene as Rosspeili. I'm the co-founder and head of corporate affairs / partnerships at Rare Candy 3D, which is essentially a virtual publishing house of scarce physical and digital collectibles registered on the Ethereum blockchain*.
From what I gather, NFTs (Non Fungible Tokens) can be a way to certificate pieces of digital art. They can act as a proof of ownership. However, we already had copyright laws regulating the art sector. What can NFTs do that pre-existing legislation couldn’t?
The way I see NFTs, (besides the technical aspect of how they work or what the technical properties they bear), is a form of digitally verifiable ownership contracts that can be attributed to anything that can be owned. That can be a digital asset, a physical asset, consumable can be a real estate document, or an event ticket.
Obviously we had copyrights before NFTs. However the main difference, is that a document certifying copyright ownership, in the traditional format would be a piece of paper, or a PDF, (delivered by a centralized authority - an ...