Tech

Reworks Talks – Insights on “NFT Culture”

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Date: 22.11.21

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Author: David Bola 

Photo Credit: Reworks Festival 

Could you introduce yourself and the Rare Candy 3D project?  



I'm mostly known in the crypto scene as Rosspeili. I'm the co-founder and head of corporate affairs / partnerships at Rare Candy 3D, which is essentially a virtual publishing house of scarce physical and digital collectibles registered on the Ethereum blockchain*.

From what I gather, NFTs (Non Fungible Tokens) can be a way to certificate pieces of digital art. They can act as a proof of ownership. However, we already had copyright laws regulating the art sector. What can NFTs do that pre-existing legislation couldn’t? 



The way I see NFTs, (besides the technical aspect of how they work or what the technical properties they bear), is a form of digitally verifiable ownership contracts that can be attributed to anything that can be owned. That can be a digital asset, a physical asset, consumable can be a real estate document, or an event ticket. 

Obviously we had copyrights before NFTs. However the main difference, is that a document certifying copyright ownership, in the traditional format would be a piece of paper, or...

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