1. BITBILIHome
  2. Article

Melania Trump’s Apollo 11 NFT Collection becomes a NASA controversy issue

• 51 views

TL;DR Breakdown

  • Former First Lady Melania Trump released an NFT collection tied to the historic Apollo 11 moon landing, which caused controversy due to its association with NASA’s mission. 
  • The collection raised concerns about violating NASA’s guidelines on using its intellectual property. 
  • The controversy sparked debates about copyrighted material’s legal and ethical use for commercial gain. 
  • NASA responded by emphasizing the importance of respecting its guidelines on intellectual property.

Description

The Trump family has been in the spotlight for some time now, and now Melania Trump has added more negative flavor to the decay. The non-fungible tokens (NFTs) market has experienced rapid expansion, altering the purchasing, selling, and ownership of digital assets.  Amid this digital art craze, the former first lady Melania Trump made news … Read more

The Trump family has been in the spotlight for some time now, and now Melania Trump has added more negative flavor to the decay. The non-fungible tokens (NFTs) market has experienced rapid expansion, altering the purchasing, selling, and ownership of digital assets. 

Amid this digital art craze, the former first lady Melania Trump made news when she unveiled her own NFT collection centered around the iconic Apollo 11 moon landing. Although NFTs have become a well-liked and lucrative medium for artists and collectors, Melania Trump’s NFT release caused controversy because of its close ties to NASA’s illustrious mission. 

The potential violation of NASA’s policies governing the use of its intellectual property in such commercial endeavors led to criticism.

Melania’s Apollo 11 NFT collection

Melania Trump’s NFT line is inspired by the Apollo 11 moon landing in 1969, widely regarded as one of the most outstanding achievements in human history. Tokenized as NFTs, the collection included one-of-a-kind digital artworks, audio snippets, and other multimedia pieces related to the historic event. 

Melania Trump’s Apollo 11 NFT Collection becomes a NASA controversy issueMelania Trump’s Apollo 11 NFT Collection becomes a NASA controversy issue

Non-fungible tokens (NFTs) are digital certificates of ownership for digital assets issued on the blockchain and provide their purchasers with a feeling of scarcity and exclusivity.

This week, a Trump has come into conflict with the law, though not the Trump you have in mind. In her most recent NFT drop, the former first lady Melania Trump appears to have violated NASA’s rules on picture usage, which could lead to a dispute.

The iconic photograph of astronaut Buzz Aldrin participating in the NASA-planned Apollo 11 lunar landing is prominently displayed on the souvenir, “Man on the Moon,” unveiled on Wednesday. However, it is completely banned by agency policy to use NASA photos in connection with an NFT project. Gizmodo first reported the suspected breach.

NASA response

According to NASA’s regulations on merchandise requests and media usage guidelines, the agency “does not wish for its images to be used in connection with NFTs” and “is not approving any merchandising applications” connected to NFTs.

According to NASA, “strict laws and regulations” control the permission procedure for businesses or people who desire to utilize NASA pictures, logos, or identifiers on products.

As NASA generally forbids NFT-related applications of its intellectual property, in this case, Melania Trump and the USA Memorabilia NFT platform she employed might not have submitted a request to NASA or rejected it.

The fact that photos created by federal organizations like NASA are in the public domain and can thus be used for free may complicate matters. Who knows how far NASA could take a lawsuit against Melania Trump if they decided to do so?

History suggests that the federal agency will unlikely make such a bold move. Despite having the authority to issue cease-and-desist letters to businesses that disobey the organization’s rules, a NASA attorney previously stated to The Los Angeles Times that NASA leadership prefers more cordial methods of compliance, such as casual discussions with businesses.

The fact that NFTs appear to be the sole category of merchandise prohibited under any circumstances from using NASA photos makes this argument even more specific.

In the NFT industry, Melania Trump has been quite active. After unveiling Solana’s NFT initiatives in late 2021, she introduced a range of NFTs last month, honoring significant events in American history.

Meanwhile, the price of the former United States president Donald Trumps’ own NFT collection surged in March following his criminal indictment by a New York grand jury. Then, in April, Donald Trump drastically reduced the value of the original project by issuing a second set of digital trading cards, wiping away those gains.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Melania Trump’s Apollo 11 NFT Collection becomes a NASA controversy issue

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月22日 01:30
Next 2023年7月22日 03:34

Related articles

  • Ankr launches AppChains on Ethereum

    TL;DR Breakdown Ankr has launched AppChains on Ethereum to overcome the network’s scalability challenges. AppChains are powered by WebAssembly (WASM) and Zero-Knowledge (ZK) proofs, which provide high performance and scalability for enterprise-level applications. The new solution outperforms existing Ethereum scaling solutions, allowing developers to code in any language and creating Web3 applications with enhanced interoperability. Description Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum. This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization … Read more Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum. This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization but often criticized for its scalability limitations. Breaking Through the Ethereum…

    Article 2023年6月30日

  • Curve emergency DAO halts hack-related token rewards

    TL;DR Breakdown Curve Finance has terminated governance token rewards for certain liquidity pools. The affected pools include alETH+ETH, msETH-ETH, pETH-ETH, crvCRVETH, Arbitrum Tricrypto, and multibtc3CRV. It is important to note that the decision can be reversed in the future if the Curve DAO conducts a full vote. Description The Curve Finance lending protocol has recently taken significant steps to address the vulnerabilities and exploits it faced in July. In response to the July 30 Curve exploit and the July 6 Multichain exploit, the protocol has terminated governance token rewards for certain liquidity pools. This decision was made public on August 2 by a … Read more The Curve Finance lending protocol has recently taken significant steps to address the vulnerabilities and exploits it faced in July. In response to the July 30 Curve exploit and the July 6 Multichain exploit, the protocol has terminated governance token rewards for certain liquidity pools. This decision was made public on August 2 by a member of the protocol’s governing body, Gabriel Shapiro. The termination of rewards was carried out by the Curve Emergency…

    Article 2023年8月3日

  • Federal Reserve raises U.S. interest rates to 22-year high

    Description Brace yourself, the United States! The Federal Reserve is going full steam ahead in its war against inflation, as it pushes the benchmark interest rates to a high unseen in over two decades. The committee nudged the federal funds rate to a 5.25-5.5 per cent target range on Wednesday. And believe me, they’re not stopping … Read more Brace yourself, the United States! The Federal Reserve is going full steam ahead in its war against inflation, as it pushes the benchmark interest rates to a high unseen in over two decades. The committee nudged the federal funds rate to a 5.25-5.5 per cent target range on Wednesday. And believe me, they’re not stopping there. The Federal Reserve is back on its most uncompromising monetary tightening spree in decades. Federal Reserve tightens the belt Yes, you heard it right. The last time the committee convened in June, they decided to hold the rates steady. Their fearless leader, Fed chair Jay Powell, promised a slower tempo of rate rises. But don’t be fooled. With a unanimous decision, the board has put…

    Article 2023年7月27日

  • Nearly $16M in crypto lost to hacks in August

    TL;DR Breakdown In the month of August, a total of $15.8 million in cryptocurrencies fell victim to various hacks and exploits, marking a notable reduction from the previous month’s losses.  The attacks primarily targeted decentralized finance (DeFi) protocols, with no reported incidents affecting centralized financial entities. Prominent among the losses is the Exact protocol hack that transpired on August 18 which saw malicious actors pilfering 4,323.6 Ether, equivalent to around $7.2 million, from users’ deposits using a malicious deposit contract. Description In the month of August, a total of $15.8 million in cryptocurrencies fell victim to various hacks and exploits, marking a notable reduction from the previous month’s losses. According to a report published on August 31 by Immunefi, a prominent blockchain security firm, the combined tally of losses from hacks and fraudulent activities amounted to … Read more In the month of August, a total of $15.8 million in cryptocurrencies fell victim to various hacks and exploits, marking a notable reduction from the previous month’s losses. According to a report published on August 31 by Immunefi, a prominent blockchain…

    Article 2023年9月1日

  • Asian countries hold meeting on de-dollarization measures

    TL;DR Breakdown Top officials from nine Asian countries met in Tehran to discuss de-dollarization. The meeting was under the Asian Clearing Union (ACU), with representatives from non-ACU nations also attending. Iran’s First Vice President, Mohammad Mokhber, referred to the move as an inevitable response to the ‘weaponization project of the dollar’. Iran is progressively moving away from the USD in bilateral trade with Russia and is seeking to join the BRICS economic block. High-ranking officials from across Asia converged in Tehran this week, placing the spotlight on talks surrounding the ambitious goal of de-dollarization within the region. Leaders from nine Asian nations came together under the umbrella of the Asian Clearing Union (ACU), opening discussions on lessening the influence of the US dollar on their economies. Asia’s response to ‘dollar weaponization’ In the 51st ACU meeting, representatives from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka initiated a crucial dialogue on how to reduce their economic reliance on the dollar. Notably, figures from non-ACU nations such as Russia, Belarus, and Afghanistan also lent their voices to the…

    Article 2023年5月27日
TOP