Most NFT Projects ‘Convey No Actual Ownership’: Galaxy Digital Research

Most NFT Projects ‘Convey No Actual Ownership’: Galaxy Digital Research

Of the estimated top 25 NFT projects Galaxy Digital considered, the company found that there was only one project, World of Women (WoW), that “even attempts to give true ownership for the underlying artwork,” to token holders. But, according to the report, it is still unclear if the original issuer of a WoW NFT would need to transfer the IP address to a secondary buyer if they were to sell on another marketplace, such as OpenSea.

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