NFT ownership and accounts

Am I correct in thinking that ownership of an NFT on Flow is primarily about whoโ€™s account itโ€™s sitting in? Iโ€™m looking at the metadata discussions and thinking Iโ€™d like to do a DID document style interaction where itโ€™s possible to put a DID document on chain or elsewhere, and use it to contain SSI based signatures of ownership and permissions for royalties etc.

@flowjosh FYI

Yes, ownership is primarily about which account it is in, though there are some exceptions, like if a user is lending someone an NFT via an on-chain lending logic or if the NFT is owned by a resource in someoneโ€™s account. Does the account own the NFT or does the resource own the NFT? It kind of depends on how you look at it.

But yes, 99% of the time, the account where the NFT is stored is the account that owns it

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