I think non-crypto coverage of NFTs conflates a few different categories. There's a lot of stuff for sale on more niche venues like Hit et Nunc that's really ju

I think non-crypto coverage of NFTs conflates a few different categories. There's a lot of stuff for sale on more niche venues like Hit et Nunc that's really just art made in a classically recognizable way; people don't flip there very effectively and seem to buy based on their own aesthetics. There's also generative art, most prominently Art Blocks, which has a very active collector community but has more recently entered into a speculative bubble because some pieces pull in high prices. And then there's avatar NFT projects (e.g. Pudgy Penguins), which I think what you're mostly talking about.