While checking the hypothesis that NFTs are valuable because they are an accounting hack, I found a reference regarding how to account for "art" on a balance sh

While checking the hypothesis that NFTs are valuable because they are an accounting hack, I found a reference regarding how to account for "art" on a balance sheet, which might have implications for what makes an NFT valuable, or at least useful from an accounting perspective. https://www.cpdbox.com/artwork-ifrs/ https://www.cpdbox.com/artwork-ifrs/ and more generally, https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/financial-services/artandfinance/lu-art-asset-class-122012.pdf https://www2.deloitte.com/content/dam/Deloitte/lu/Documents/...