I remember someone talking about an "NFT Link to Sovietwomble's pictures". You buy the "link" and you don't even own the picture or even the site. If the site goes down, your investment is gone.
It's like having an investment on the bus driver's lunch. Something happened to the driver or bus, your investment is gone.
Yes and no. It depends how the file the NFT is linked to is hosted.
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Hehe, it reminds me of the dTube controversy, that made us find out that to host files (videos, in that case) on IPFS was NOT free of charge, and that dTube hadn't planned to pay for that - or hadn't been able to - so that all videos were deleted after a 3 months time span (mine were). Let's just imagine YouTube or Odysee doing that, lol.
@konaqua , that same question came to my mind recently, when I saw that a bunch of Wax NFTs I had bought had vanished from my wallet, cause they were minted by discontinued projects - borderline ones with exit scam practices - and that apparently AtomicHub decided to prohibit them. So, in such a case, it gives the impression that NFTs are ours... until a centralized platform (here, AtomicHub) decides they're not anymore? I'll have to dig that, to check if there are other dimensions to that story.
I think it's important to take not of where the files are hosted for sure. Hsrd to tell what's legit and what isn't.
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