Theres a store on my cities “high street” that sells high end furniture. Among these items are louis vuitton branded tiles which are exactly what they sound lik

Theres a store on my cities “high street” that sells high end furniture. Among these items are louis vuitton branded tiles which are exactly what they sound like. Its a ceramic tile with the LV logomark embdedded in gold leaf. Each of these tiles costs $10,000 dollars. Obviously this is abusurd, but when the house prices are 5-6M the tile adds an extra social signal to others about your wealth. I suppose NFT items are the same. Theyre not for the buyer. Theyre for the people the buyers know.