Sony argued in court that players do not own the digital games they purchase, while crypto industry advocates believe NFTs can solve the issue of digital ownership.
Sony's argument in court that players do not own their purchased digital games has sparked an ongoing debate about digital ownership. Crypto industry advocates argue that NFTs can provide true digital ownership, but privacy vulnerabilities and integration barriers hinder the technology's development. Kostas Chalkias, co-founder of Mysten Labs, noted that as media consumption habits shift towards rentals and streaming, users are discovering that purchased digital content doesn't actually belong to them. Tim Sun, a senior researcher at Hashkey, stated that NFTs were initially promoted as a solution, but excessive hype affected their public perception. Guy Itzhaki, CEO of Fhenix, added that NFT metadata on most blockchains is public, preventing owners from having exclusive control over assets, but technologies like encrypted NFTs are expected to offer privacy and true digital ownership.
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Source:Decrypt · Source Link
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