I honestly think they'll do more to advance the idea that NFTs are serial numbers and digital collectibles are "things linked to an NFT" than anything else so far.

'member this?

Hidden in the furor over "ZOMG NFTS are disappearing" was the fact that the "disappearing NFT" was a fake ticket for a flight to the moon on SpaceX. Also hidden in the furor was the fact that the token that actually is the NFT was browsable from any blockchain explorer, but OpenSea refused to serve up the fake moon ticket when you browsed to it.

NFTs aren't jpegs. Aren't images. Those things don't fit on the blockchain. What fits on the blockchain is a symbolic link, basically, and that symbolic link goes out to the normie internet, which has all sorts of long-standing, tried-and-true rules and laws about stealing content.

Yuga has some dumb shit going with their apes but the Trump stuff is crystal clear: they lifted images from NASA.com, edited them in MS Paint and sold them. If someone wanted to explore the legality of "NFT as serial number" vs "NFT as commodity" I don't think they could ask for a more clarifying use case than that.

I suspect we're going to end up with some very clear caselaw around this, and I suspect we're going to end up with a class action lawsuit alleging negligence and malfeasance the minute the first Trump NFT disappears off OpenSea.

But what do they care, they made $4.5m.