this post was submitted on 14 Sep 2023
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So it kind of sucks they did this, as their implementation of NFT's was a decent use case for NFT's outside of being investments. DRM rights that abide by first sale doctrine even if company dies is a good reason for a blockchain. Too bad they decided to treat it as something to invest in.
if the company dies, so does the server that hosts the image that your nft links to. If the company dies, the nft dies with it, regardless of who currently "owns" it, or how many times it's been resold