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Stolen NFTs Removed by Google, Revealing a Gaping Hole in the Industry

After streams of complaints concerning OpenSea’s fraudulent content material reporting system, we lastly have an answer to stolen NFTs and artwork theft! Effectively, form of.

A Twitter person not too long ago utilized Google’s ‘Report Content material’ service to take away a stolen picture of her NFT. Surprisingly, it labored! Google can select to dam, restrict, or take away entry for inappropriate content material. This will embody phishing, violent, express, or any content material that violates rights and legal guidelines. For a direct treatment, this appears nice. However, it raises a number of inquiries to the NFT trade as a complete.

A Twitter user sharing how to use Google's 'report content' service to remove stolen NFTs
Cease stealing my NFTs! Credit score: @batbandage

Can Decentralized NFTs Thrive in Centralized Search Engines?

Blockchain know-how is principally liable for the start of NFTs. Blockchain, by its very definition, ensures NFTs can’t be changed or replicated, nor can its existence or transaction information be modified. Nonetheless, we execute a lot of the decentralized actions (crypto and NFTs) on centralized serps (eg: Google). If Google can take down stolen NFTs from malicious customers, do they then have management over all NFTs within the market?

Blockchain and NFTs have promised customers a decentralized Net 3 paradise for a number of years now. Nonetheless, these actions are closely reliant on the web and likewise serps. As an example, accessing OpenSea requires an web browser and a linked pockets such because the MetaMask extension on Google. On the similar time, Google wants to stick to an excessive amount of worldwide regulation.

For now, artists and creators can fall again on this Google service to guard their mental property. However in the long term, there are nonetheless many unanswered questions circling the trade. How can Net 2 and Net 3 coexist? Ought to one be eradicated? If that’s the case, how? If Net 3 ought to exchange Net 2, how would the transition be executed globally? And the listing goes on.

Don\'t Miss THIS ONE !  Square Enix CEO reveals plans for blockchain, metaverse, NFTs

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