• FaceDeer@fedia.io
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    6 months ago

    There isn’t just one single way of coding an NFT, you’re talking about an entire class of application here. You can indeed add all sorts of safety features if you want to.

    Saying “anyone can mint NFTs” shows a misunderstanding of the specific application we’re discussing here. Not just anyone can mint an ENS name, specifically, which is what we’re talking about. ENS names are minted by the ENS contract, so they can be guaranteed unique. An ENS name isn’t “representing” anything other than the information contained within it, so there are no legal issues whatsoever. If you own the ENS name NFT then that’s all that you need to worry about, it has no other effect or implication other than that.

    This is what I was talking about when I mentioned the “scarlet letters NFT”. People have an enormous prejudice about the technology and leap to incorrect assumptions about its uses based on those prejudices.