As someone who has been in decentralized social networking with Qbix, and decentralized cryptocurrencies with Intercoin, I feel like an old grandpa who doesn’t

As someone who has been in decentralized social networking with Qbix, and decentralized cryptocurrencies with Intercoin, I feel like an old grandpa who doesn’t “get” why people find half of the NFTs to be useful. NFTs for reading/viewing are useless. If you have software interpreting the NFT by showing you something, then that can be easily copied. Growing up I have seen enough in the WaReZ scene that even kids traded cracked versions of Windows and Photoshop, so those licenses were useless. So much more so for OPEN source software that can be easily forked. Real scarce value comes from being able to control/edit/modify/own something, including things like domains (namespace entries), Earth2 land plots, cashflows etc. And that is only valuable insofar as it has a large network effect. Think “milliondollarhomepage.com” and Alex Tew going on a media tour. That made the pixels valuable to edit. The original NFT lol. ERC721 NFTs are first generation idea. Each NFT can be generalized to fractional ownership and automated market makers should be able to assist in price discovery. In short ... sell rights to edit something, and maybe let people mix and match to level-up more than the sum of its parts, like the game Battleship or MacDonalds Monopoly game. And make a new ERC for fractional ownership of ERC721 stuff. Oh, and while you’re at it, get off blockchains! They are overkill for NFTs, too public and don’t need a global consensus. An NFT can just be a private chain per token, they arent divisible after all, no history UTXOs needed. This whole NFT space is over hyped and has the wrong fundamentals.