I think a useful concept would be the colour of bits. For example, a digital song can be bought on a CD or downloaded from the internet. The computer does not see a difference between them, because it just sees a number, but in the eye of the law, one of them is legal, the other is not.
The number on the CD is coloured “green”, the downloaded number is coloured “red”. Green numbers are legal, but red numbers are not. If you upload a song a from CD, it will be red because you can only send red numbers. However, if the studio produces a new CD, it will have green numbers because they have the copyright to the song.
Anyone can copy a digital artwork because it is just a number, but the copied number will be “yellow” coloured. With an NFT you do not buy a number, you buy the right to make this number “blue”. This right can worth a lot of money if a blue number has a higher value than a yellow number.
I think a useful concept would be the colour of bits. For example, a digital song can be bought on a CD or downloaded from the internet. The computer does not see a difference between them, because it just sees a number, but in the eye of the law, one of them is legal, the other is not.
The number on the CD is coloured “green”, the downloaded number is coloured “red”. Green numbers are legal, but red numbers are not. If you upload a song a from CD, it will be red because you can only send red numbers. However, if the studio produces a new CD, it will have green numbers because they have the copyright to the song.
Anyone can copy a digital artwork because it is just a number, but the copied number will be “yellow” coloured. With an NFT you do not buy a number, you buy the right to make this number “blue”. This right can worth a lot of money if a blue number has a higher value than a yellow number.