There's no energy cost to spawning a million algorithmic penguins. They have no inherent cost or value. The sunk costs of obtaining something rare or difficult

There's no energy cost to spawning a million algorithmic penguins. They have no inherent cost or value. The sunk costs of obtaining something rare or difficult to get (like titanium) is a factor only for the next person who desires titanium. Since there is no cost to see or copy a jpg, there is no "extra value" added in an NFT. Not even energy costs. The end product still has zero value. A simple corrolary is wine. Swill stored expensively doesn't acquire new use values from the storage. The expense of storage doesn't accumulate to the value of the NFT. Whereas the expense of obtaining real goods like metals is exactly what sets their value.