The creator attribution ratio

It’s a bubble of snake oil — these NFTs have no intrinsic value! I could just copy the content and give it away for free! What do I actually own when I spend thousands on this “token??”

Lately I find that people fall into one of two camps when talking about NFTs:

The future is here! We now have a way to own and monetize the value of digital content. Buy now, or regret it forever!

Let’s imagine how perfect attribution for these essays would look. In that perfect world if somebody read Sari’s essay and was inspired to create a company, and that company made billions of dollars, Sari would get a cut. So would the people that inspired Sari’s writing. If the essay helped Sari land a new amazing job, then some portion of the earn... See more

To state the obvious, attribution matters to creators of all kinds — scientists, writers, YouTube stars, etc — for the same reason. The better they can capture the value they created in the past, the more value they can create in the future.

The truth is neither. NFTs are just a stepping stone to better attribution of digital content