Julian Lennon “selling” his fathers memorabilia

We do know the reasons why he was treated differently. John was immature, not interested in being a father, tied up with the career and Epstein’s advice was not to own up being married with a child as bad for publicity.
I feel sorry for Julian and wish him well. In his position I would sell John’s stuff too, but a digital possession is bonkers.

Surely it’s more fool the buyer.

There's only one thing to say.
A fool and his money are soon parted

That’s terrible! Who in their right minds would give him the money and not get the goods? I feel so sad reading that.

I've always felt sorry for Julian. I'm sure he doesn't need my sympathy! I'm not sure how anyone who doesn't know him can say he's a 'beautiful person'.

Would anyone like three adorable cats?

(They are all dead, but I have some lovely pictures of them in the prime of life).

I can probably find six other cats and a marvellous fox terrier and a collie if there are any dog lovers who would care for a digital dog.

I think that a few of us would like to try this one and I'm not sure this would be legally binding unless it specifically said that you basically renting/ leasing the items or something !
I just think it's a great shame that Julian feels that he still has to trade on his father's name.

Is this anything to do with big recording stars like Bob Dylan and Springsteen? They recently sold their songs to big companies like Sony for hefty sums.

Is it that if the song itself, Hey Jude, ever played, the person with the digital token receives the royalties? But Julian gets to keep the original paper the song is written on?

It’s got to be something like that otherwise who in their right mind would bother?

He's not selling the actual memorabilia (as others have pointed out) - he is actually selling them as NFTs (non-fungible tokens). Essentially, you are 'buying' a digital form of the artwork, but in many cases, the actual artist will retain part of, or all of, the copyright.
The saying, 'a fool and his money are soon parted' certainly does come to mind here, but some NFTs have sold for staggering sums. An NFT of an animated GIF of a flying cat which became a popular meme sold last year for more than half-a-million dollars, which is astounding for something you can't physically own. Many experts reckon the NFT bubble will burst sooner than later, which is probably why people like Julian Lennon are trying to cash in on it while the going is good.

There's a lot of criticism here but as others have said the buyers know what they are buying. I think it's a way for Julian to share Lennon memorabilia with the fans. Check out the link I posted to find out more which also has a link to the White Feather Foundation. And yes, Julian is a beautiful person which is evidenced in that link.

I am a professional photographer. If I take an image I will licence anyone who wishes to use it for commercial purposes for a fee. This is usually done on a time-limited basis. It allows companies to use images that have already been created by an artist and which suit their needs without the expense of hiring a photographer. It's a way of earning through my ownership of my creations.
The art world has now moved to digital curation. An artist can sell the rights to their digital image (exclusive or limited) which then allows the purchaser to use that image commercially. It is all handled through blockchain and the system which supports this allows anyone who has paid for the right to use the image commercially to prove they have the right to do so. It's simply an extension of a system that has been in place for some time to protect the copyright of owner/creators.

That’s rather different crazygranny. A licensee is buying the right to use and reproduce an image, exclusively or not depending on the terms of the licence. In Julian’s case he is selling ownership of physical assets but retaining possession and use of them.

I dont think John was all he let out to be, coming from his home Town, and being the same age as him, I wont say too much.

Ooh, that’s interesting. Can you say just a little bit more?

I met my husband in the Cavern Club, so feel that he has a connection to the Beatles.
Though he is no longer with us, I'm willing to sell a digital share in him at a very attractive price!

Oh dear grandetante I was drinking my a I read your post and because and chocked on my laughter/tea. It was worth it though]grin].

oops

I thought that it was non-fundable tokens
not non-fungible tokens

I can’t see there being mushroom for expansion in that market ?

You’re on form today Fanny. Have you been - er - partaking of anything??

A bit like renting a property then?

John Lennon was a lousy father to Julian and he disinherited Julian with everything going to Sean all thanks to that awful Yoko. Maybe he needs the cash.

songstess This article contains lots of information about Julian and Sean. It says John left £250 million and eventually a deal settled in 1996 left Julian with a lump sum of £20 million so I doubt he's short of money. He has properties in Monaco, France, LA and London. He's not doing this for the money unless it's to raise funds for the White Feather Foundation.
Where children of the Beatles are now

Bridgeit

A bit like renting a property then?

But if you rent one you can live in it.

FannyCornforth

I thought that it was non-fundable tokens
not non-fungible tokens

I can’t see there being mushroom for expansion in that market ?

No sorry, NFTs are definitely non-fungible tokens.

www.bbc.com/news/technology-56371912

I enjoy watching Leonardo Di Caprio in Titanic. I have a digital token (aka DVD) so that I can watch him at any time.
Does that make him my actual, real-life husband?