Skip to content

Crypto Latest News

Latest & Breaking News On Cryptocurrency

Primary Menu

Crypto Latest News

  • Home
  • Metaverse
  • NASA
  • NASA logo
  • NFTs

NASA blasts NFTs: Says they won’t take off with its imagery

4 months ago

Concerning NFTs, NASA stated that it “does not wish for its images to be used for these purposes.

Despite a general consensus amongst degen apes that NFTs are headed to the proverbial moon, space agency NASA has revealed it will not clear the use of its content and logos for take off.

This is an important clarification as the US government agencies’ images and video content are typically not copyright protected, and can ordinarily be freely used for educational and informative purposes in media. (Its logos meanwhile are copyrighted and can only be used if approved by NASA).

While the NFT sector continues to surge full steam ahead — with platforms such as OpenSea posting record monthly volumes in January already — NASA has stated via its media usage guidelines that it does not wish for any of its content to be tokenized:

“Non-Fungible Tokens (NFTs) are, in essence, digital tokens owned by someone as a ‘one of a kind’ digital asset. NASA does not wish for its images to be used for these purposes. It is unlawful to falsely claim copyright or other rights in NASA material.”

NASA’s logo has often been used for commercial purposes such as branding on fashion items, however the agency stated that it is unable to approve of any such uses in the NFT sphere.

“NASA is not approving any merchandising applications involving Non-Fungible Tokens (NFTs), as they are not consistent with the categories of products the Agency is approved to merchandise,” the guidelines read.

Under the guidelines set out for government agencies, it is not able to approve merchandising or products in areas such as alcohol, food, cosmetics, tobacco, underwear and technology.

Related: Kanye West wants royalties from Paparazzi photos, with the help of NFTs

NASA has however, been indirectly involved in the NFT space via other avenues in the past. Cointelegraph reported about an NFT-backed metaverse project dubbed “mars4” that built a detailed 3D model of Mars using data from NASA and other space agencies.

Related posts:

Secret Network offers $400M in funding to bring others in on the secret
Animoca Brands doubles valuation to $2.2B with new $65M funding round
Basketball star turned digital racehorse tycoon: Wilson Chandler on NFTs and the NBA
DOGE co-founder sets sights on Ethereum bridge and NFTs for mass adoption
VR Metaverse comes closer to reality as Meta previews haptic gloves
Post Views: 19

Continue Reading

Previous Meta unveils Metaverse AI supercomputer, claims it will be world’s fastest
Next Tusk Ventures CEO: Don’t repeat social media mistakes with Metaverse regulations

Recent Posts

  • The truth behind the misconceptions holding liquid staking back
  • Stake or DApp? With liquid staking, you don’t have to choose
  • SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case
  • Novogratz says LUNA tattoo is a constant reminder investing ‘requires humility’
  • German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
  • Portugal to lose crypto tax haven status as state announces gains duties
  • Utility tokens vs. equity tokens: Key differences explained
  • DAOs, DEXs and whales? How Web3 organizations became the new crypto beasts
  • Metaverse-as-a-service will be the basis of the next internet era of Web3
  • Aurora launches $90M fund to finance DeFi apps on Near Protocol
Copyright © CryptoLatestNewsToday All rights reserved. | CoverNews by AF themes.