What Do You Know About NFTs?

[trippypea]

Let's say you create art for a client and you use a standard contract where you retain the right to use the art in your portfolio, but the client owns the art. This is what we do, because really, we don't care what the client does with the art since they paid for it.

A conversation came up about NFTs (non-fungible tokens), which we know very little about (and seems made up, lol). However, the question was posed that what if someone took the art and sold it as an NFT and made a buttload of money on it, how would you protect against that?

Again, I think who cares, since as far as I'm concerned, the artwork belongs to the client and they should be the one to chase down misuse of the art. Sure, someone could make a NFT out of it and make a lot of money (the CLIENT could do that even), and we would get nothing, but if we signed a contract saying we are charging X and get paid X, so we got what we wanted. Crying about someone else making more later seems like sour grapes. I mean, you can't really be p*ssed that someone resells your art down the line and makes more than you sold it for, since if it's any good, it should appreciate in value.

Anyway, is there any kind of verbiage that can go into a contract to prevent someone from creating NFTs?

[minnesotapaintlady]

Oops.  Wrong thread!  

[Tennesseer]

I know 'Disaster Girl' sold her NFT picture for $473,000 back in April.