NASA Issues Warning Against Tokenising Its Content, Alerts NFT Enthusiasts

NASA has noted that its logo, still images, audio recordings, video clips, and similar files must not be tokenised.

NASA Issues Warning Against Tokenising Its Content, Alerts NFT Enthusiasts

Photo Credit: Facebook/ NASA

NASA has clarified that it is, in no way, looking to associate itself with the NFT sector

Highlights
  • NASA has alerted NFT makers and sellers
  • NASA does not want its content to be merchandised
  • Space agency says it posts images and videos for education

With a boom in crypto-supporting blockchain technology around the world, several other elements associated with blockchain are also garnering intrigue. American space agency NASA has clarified that it does not want any of its content to be converted into a digital collectible or an NFT for being auctioned. NFTs or non-fungible tokens are virtual collectibles supported on blockchain and inspired by a wide range of things like video clips, game avatars, and art among other entities.

NASA, in a detailed post noted that its logo, still images, audio recordings, video clips, and similar files must not be used for commercial purposes.

“NASA makes its imagery and video available for educational and information purposes in accordance with these guidelines. 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,” the space agency said.

In the recent past, some NFT and metaverse projects have cited associations with NASA which could have perhaps, triggered the space agency to post elaborate guidelines against such deeds.

In October 2021 for instance, Ethereum–based metaverse called “Mars4” promised people to let them own a piece of the Red Planet in that virtual universe.

As per media reports, the metaverse, which is yet to launch, is been built on a 3D map of Mars' terrain from NASA.

NASA had not confirmed its involvement in the project at the time.

With the classification of NFTs as assets, commodities, or something entirely new is still under question around the world, NASA has decided to keep its content away from the sector.

“NFTs are not consistent with the categories of products the Agency is approved to merchandise. NASA does not wish for its images to be used in connection with NFTs,” its blog on merchandising guidelines said.

The sales of NFTs reached some $25 billion (roughly Rs. 1,84,700 crore) in 2021 as the speculative crypto asset exploded in popularity, data from market tracker DappRadar showed.

Shark Tank investor Kevin O'Leary recently said that NFTs would be much bigger than Bitcoin in the times to come.


Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: NASA, Non-Fungible Tokens, NFTs, Blockchain
Radhika Parashar
Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at RadhikaP@ndtv.com. More
Xbox Lunar New Year Sale 2022: Big Discounts on Halo Infinite, Battlefield 2042, FIFA 22, More
Xiaomi Service+ App Launched, Lets Users Book Repairs, Check Warranty Information, Live Chat, More
Read in: हिंदी
Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2022. All rights reserved.