even with art, an NFT doesn't confer copyright rights, so you don't even own the art. > But as it turns out, you can make digital things scarce, through crypto

even with art, an NFT doesn't confer copyright rights, so you don't even own the art. > But as it turns out, you can make digital things scarce, through cryptography. The art isn't stored on-chain, so it's not scarce either. All the NFT is is a pointer that has some text about who created it and what it points to. Not sure why why that pointer itself is valuable except as a status of "i am the only one that owns this unique pointer". Of course there's nothing stopping anyone from creating another pointer that points to the same thing as the one you just bought and selling that. So unless you find some value in pointers, intrinsically in themselves, NFT's are useless.