The Importance of NFT Plagiarism Detection for Beginners
Non-fungible tokens (NFTs) have taken the world by storm over the past months, especially with the 500,000-pound sale of the Charlie Bit Me video. While NFTs have been around for a while, their popularity surged this year, which opened a lot of doors for investors. Unfortunately, its newfound fame has brought it under the radar of criminals such as thieves and plagiarists.
If you are an investor or a digital asset creator, you know that NFTs should be protected from these malicious parties. NFT Plagiarism detection and protection is the best way to shield you and your assets from these unscrupulous individuals. Here’s what you need to know about this matter.
How NFTs Work
NFTs are essentially digital assets that do not have a fixed exchange value thanks to their numerous distinct qualities. It is difficult to exchange one NFT with another because they have unique features that affect its value. You can think of it as a digital form of art collecting. You cannot simply exchange one piece of art with another, just like you cannot do so with NFTs.
In order to buy and sell these assets, creators need to tokenize them in a blockchain system. The token serves as a certificate that authenticates ownership of the piece. Say you make a digital painting and tokenize it using a particular platform. This lets you sell the ownership of the NFT.
Any digital piece that is iconic can be tokenized. Digital art, songs, videos, photos, Tweets, and more can be turned into NFTs and sold. Pretty simple, right? Wait until you read about NFT plagiarism.
NFT Theft and Plagiarism
The most important thing you should know about NFT theft and plagiarism is that it exists. Just take the experience of Corbin Rainbolt. His scientific art were stolen and tokenized by thieves. These criminals even attempted to sell the tokens. The late digital artist Qing Han’s works also underwent the same thing. Her extremely personal art were stolen, tokenized, and posted up for sale on an NFT platform.
Using NFC to Protect NFTs from Theft and Plagiarism
If you are a digital asset creator, a collector, or a token owner, you need to understand that knowing about the existence of such crimes is not enough. You should also be aware of the ways you can protect your digital assets.
Artizyou provides a more protected way to tokenize your assets through the Non-Fungible Certificate
(NFC). It is a unique and advanced way to tokenize assets. It follows a two-step process involving the platform’s Blockchain Intellectual Property bIP and tokenization into NFC.
While NFTs are more focused on the digital ownership of assets, NFCs allow you to own the token and any real-world products that can come from it. Through bIP, your assets are authenticated and licensed, to become an NFC.
For further protection, the platform also developed a plagiarism detection artificial intelligence that lets owners know whether their work has been stolen and posted for sale online. Plus, it helps connect users with intellectual property lawyers to provide support and consultations.
The Takeaway
NFTs are becoming the next generation of art creation and collection. If you are a creator or an investor, you need to take the necessary steps to protect yourself and your tokens. Artizyou’s NFCs are a great first step.
https://www.wired.co.uk/article/nft-fraud-qinni-art
https://www.vice.com/en/article/n7vxe7/people-are-stealing-art-and-turning-it-into-nfts
