A huge controversy erupted in the Cardano community today, directly sparked by the project's founder, Charles Hoskinson. The reason was that the crypto entrepreneur and blockchain developer updated his Twitter profile picture with a copy of a Cardano NFT showing a sketch of himself.
I liked the photo so I used it as my profile picture. The artist and owner of NFT doesn't mind because he has increased the value of his work and product by having the historical association with me. I get a nice PFP for a while. It's called economics. Very cool isn't it?
— Charles Hoskinson (@IOHK_Charles) -
Interestingly, the NFT that Hoskinson put up as a profile picture the day before was purchased for 10.000 ADA, the equivalent of $2.700.
To buy or not to buy the NFT?
A lot of people didn't like this kind of attitude towards the digital art and intellectual rights that NFT property was supposed to enshrine. Thus, the CEO of the large Cardano NFT JPGstore marketplace Blakelock Brown said that Hoskinson should have bought a real NFT and thus set an example as well as support the NFT industry.
Buy an NFT? I am not buying the IP nor am I signing a contract that gives me royalty-free use for display. I don't think Blake is getting my broader point about contractual relationships and buyer's rights. An NFT is NOT an image any more than a lithograph is a painting.
— Charles Hoskinson (@IOHK_Charles) -
At the same time, Brown noted that the Cardano founder is still doing enough to support this emerging segment of the market. cryptocurrency market. Hoskinson, on the other hand, responded to Brown by saying that, for him, NFT was nothing more than a lithograph of an original painting.