it is mania, but so are a lot of collectinf hobbies. NFTs are attractive to those who value physical minimalism but still value a sense of ownership of somethin

it is mania, but so are a lot of collectinf hobbies. NFTs are attractive to those who value physical minimalism but still value a sense of ownership of something. identity is tied with ownership because it allows one to say they either created it (authorship) or they have the possession of it (ability to transfer / sell/ destroy) - NFTs are an extension of the human desire for identity. they suffer from the false scarcity effect, that even with their distributed nature, rely on a central authority (the same as those certificates included in collectors items) - it's a matter of valuing the platform AND the NFT itself. that is a flaw imo. I think we will see something of a hybrid. NFTs that have real world utility and physical practicality. even for games. we need to have FUN. not just scarcity. these are not going to be great but they will last. most will be worth nothing and will make money for the platforms and some prolific or already existing artists..... not the game changer yet.