Past all the great {that a} permissionless web guarantees, it is also handy for anybody to mint hacked playing cards freely. non-fungible tokens (NFT). There are literally over 90 million pretend copies of NFTs. As a result of in a permissionless system, what stops dangerous actors from creating copymints to rip-off unsuspecting customers or injury a model’s popularity?
Solely the 20 most copied NFT initiatives account for 8 million fakes copies on NFT marketplaces.
Andrei Doronichev is co-founder of Optic, an AI-powered content material recognition engine. He’s keen about constructing ecosystems of digital creators. Beforehand, he was chief product officer at Google (NASDAQ:), the place he helped launch its Metaverse initiatives, together with AR, VR, and Stadia, and led YouTube Cell to launch ContentID.
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