Art “stealing” is widespread in the NFT space

On December 18, Liam Sharp, a British cartoonist who worked for both Marvel and DC Comics, alleged that someone stole his work and imprinted it in NFT on OpenSea.

https://twitter.com/LiamRSharp/status/1471968714148880386?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
“Opensea – this is not the first time that many cases have come. The reporting process is not intuitive and I just have to prove myself as an artist / owner / creator – which seems wrong. NFT creators should be stricter. “

The painting in question is a Minotaur posted on OpenSea by a user named “7D03E7”. It was mined two days earlier and is based on the Polygon blockchain and costs 0.0008 ETH ($ 3.14 at press time). Liam Sharp points out that other NFTs in the creator’s collection with names of other artists on them were also stolen.

Source: Opensea.io

With many asking for OpenSea to deal with the events, Nick Johnson, founder and lead developer of the Ethereum Name Service (ENS) called return message:

“It’s like an overreaction. The entire collection has no sale. It’s the equivalent of having someone post your work on their Facebook without credit: It’s awful and possibly illegal, but not a real threat of any kind. What awareness. “

Another “picture” of the incident

Many traditional artists complain that in the wake of the NFT boom in 2021, their work will be minted in NFT and sold without their permission. In fact, DeviantArt – a popular platform variable for sharing creations – decided to use artificial intelligence (AI) to try to prevent this.

So are unauthorized NFTs an occupational risk in the DeFi area or a threat to traditional artists? Let’s look at the facts. According to ConsenSys’s Web 3 report, OpenSea held 97% of the NFT market volume last quarter. In terms of revenue, OpenSea has raised over $ 16 billion in crypto this year alone, according to Chainalysis.

OpenSea is a big player in the NFT space, but Coinbase has officially launched its own platform. Coinbase previously reached out to traditional artists to partner with and have them pay in crypto. But it’s not the only case – other companies interested in NFT include Visa, Fortune, Twitter, and TikTok.

In the future, artist protection will certainly be an important profit point for market.

Additionally, if the NFT market is to attract more traditional artists, these issues need to be addressed quickly.

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