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1/24/22, 9:04 PM NFT Group Buys Copy Of Dune For €2.

66 Million, Believing It Gives Them Copyright | IFLScience

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NFT Group Buys Copy Of Dune


Alternatives Only
NFT
For €2.66 Million, Believing It
Gives Them Copyright Group Buys Copy

29.5K
SHARES
Of Dune For €2.66
Million, Believing It
Gives Them

s Share on Facebook u Share on Twitter E Copyright

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BUYING THIS IMAGE FOR USE WOULD NOT GIVE YOU THE COPYRIGHT. YOU SEE HOW THIS WO
Podcast
Does A New Study
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1/24/22, 9:04 PM NFT Group Buys Copy Of Dune For €2.66 Million, Believing It Gives Them Copyright | IFLScience

A group of crypto enthusiasts has made an unusual


purchase:By clicking “Accept
a rare copy of All
DuneCookies”, you agree
, by science to the storing of cookies on your device to enhance site
fiction
navigation,
writer Frank analyze
Herbert, for site usage, and€2.66
a staggering assistmillion
in our marketing
($3.04 efforts.
million).
Cookies Settings By James
Accept All Cookies Really Show That
It's an odd occurrence when a book expected to Hydroxychloroquine
Felton
fetch €25,000 goes for 100 times that amount, but the Might Be Effective
17 JAN 2022,
stranger part is that the buyers – a collective called 12:18 Against Omicron?
SpiceDAO – appear to believe that owning an early copy of Is
the hit sci-fi about space worms gives them the copyright,
to do with what they will. 

"We won the auction for €2.66M," SpiceDao wrote on Twitter. "Now our
mission is to: 1. Make the book public (to the extent permitted by law). 2. COVID-19
Becoming
Produce an original animated limited series inspired by the book and sell it Endemic?
to a streaming service. 3. Support derivative projects from the
community."

In fact, they have bought none of these rights. They have bought a WEEK IN
book. This is like picking up a copy of Lord of The Rings and believing you SCIENCE
can make the official film yourself now. The IFLScience
Newsletter
Spice DAO ( , ) Sign up today to
@TheSpiceDAO get weekly science
coverage direct to
We won the auction for €2.66M. Now our mission is to:
your inbox

1. Make the book public (to the extent permitted by law)


SIGN

2. Produce an original animated limited series inspired by the book


and sell it to a streaming service

3. Support derivative projects from the community

10:58 PM · Jan 15, 2022

Read the full conversation on Twitter


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1/24/22, 9:04 PM NFT Group Buys Copy Of Dune For €2.66 Million, Believing It Gives Them Copyright | IFLScience

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Writing on their forum before the purchase, one user outlined an idea to
create a "first-of-a-kind" purchase of a culturally significant work, then
"issue a collection of NFTs that are technically innovative and culturally
disruptive".

In the plan, they talk about buying a book, converting it into JPGs, then
burning the book, meaning that the "only copies" remaining will be the
JPGs.

The poster believed that this would enhance the value of the NFT chain as
the only legal copy of the book, and would be an "incredible marketing
stunt" and may even present an opportunity to sell a video of them
burning the book as an NFT.

In their announcement for having purchased the book (which again is not
the copyright) however, their goal appeared to be to allow others to read it
by making it public, before releasing an animated series of the novel,
which would undoubtedly get them sued into the ground by the actual
copyright holders, currently The Herbert Limited Partnership, should they
so choose.

"We are in the development stage of our original animated limited series
at a time when streaming wars are seeing media groups compete to spend
$100+ billion on new content," they wrote in a follow-up tweet.

Who wants to tell them?

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1/24/22, 9:04 PM NFT Group Buys Copy Of Dune For €2.66 Million, Believing It Gives Them Copyright | IFLScience

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