With the rising popularity of NFTs (Non-Fungible Tokens), a common question emerges: can one take a simple snapshot of an NFT and call it ownership? This is one of the biggest myths people have about NFTs. Now let’s go deeper into what it means to actually own an NFT and why a screenshot doesn’t even begin to capture it.
Understanding NFT Ownership
An NFT is not only an image or even an artwork but something much more complex. It is an independent digital token that securely resides on an append-only distributed ledger. That signifies an ownership right to a specific item such as art, music, or virtual goods. Note that when you purchase an NFT, you don’t purchase a picture or another work of art. But rather the ownership proof registered on the blockchain.
Whereas, screenshots are just normal ways of creating picture images. For instance, even if you can screenshot the NFT. Then you will not get the proof of ownership, authenticity, or any right of the NFT. The original NFT remains the property of the owner as indicated on the Blockchain. The value is in the ownership certificate.
Why Screenshots Aren’t Equivalent to NFTs
What capturing an NFT is, is akin to photographing an artwork. That is displayed on a canvas on the wall of a gallery. You can take a picture of it but it doesn’t mean you are the owner of the painting. Or the worth it holds. Similarly, NFTs function in the same way. The underlying value is in the record added to the blockchain. Proving that it belongs to you, and an image of it will not suffice.
On such platforms as Bermuda Unicorn – one of the most popular NFT platforms, ownership is critical. Bermuda Unicorn’s value, as a company currently operating without its own given inventory of NFTs, lies in the combination of the above: its products give the buyers a genuinely unique, individual proof of ownership registered on the blockchain and enable them to check that each of them is a non-counterfeit item.
Real ownership has its value in the corporation
The value in an NFT does not stem from the image that it brings to life, or MANA as the case is, but rather NFT is a token that is uninterchangeable hence non-fungible, and comes with a record of ownership rights. Blockchain confirmations check signatures so it can show that only a certain person owns the NFT and that counterfeiting of such a piece can not be as simple as taking a screenshot.
Bermuda Unicorn offers strong support for NFTs with many types of digital assets available now including collectibles and art pieces. Whenever users buy NFTs from such places as Bermuda Unicorn, they get assets they can trade or display in the virtual world without doubting as to the authenticity of the ownership.
Conclusion: It’s more than just an image
Screenshots are not even original, they are just meant to take a low-quality copy. They lose sight of what NFT means: that it is provable, secure, and guaranteed that you alone are the owner of the digital asset. Such resource as Bermuda Unicorn, in the sphere of Non-Fungible Token, allows the collectors to possess, purchase, and display mximate digital assets based on the principles of the blockchain that guarantee the authenticity as well as the bona fide value of an NFT.
If you are still in doubt about the possibility of owning NFTs, do go to Bermuda Unicorn to discover more about owning the digital assets of the future as well as being part of a virtual world built for the digital society.