RE: What is an NFT?
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I do like the idea of NFTs as a way to "anchor" what we might call "digital scarcity." From where I am sitting, that makes the most sense in the case of "collectibles," like digital baseball cards or gaming cards like Splinterlands.
I remain a bit skeptical about the people who are basically creating "art mills" and churning out lots of these and marketing them for $1,000's on the pretext that they are "rare." Who actually cares, aside from those wanting to make a greed-driving cash grab?
On a broader scale, thanks for creating this explanatory series of articles!
=^..^=
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The idea of scarce digital assets sounds kind of silly but it's something that's already done every day just without the NFT tech. For example, limited edition skins in say Fortnite.
I love digital art honestly, but the JPG craze is annoying as hell.