I haven't been following NFTs closely, but it seems to me that it would be much more interesting to use them not to create artificial scarcity out of digital go

I haven't been following NFTs closely, but it seems to me that it would be much more interesting to use them not to create artificial scarcity out of digital goods (which seems to be all of the effort), but rather to track ownership of physical goods. Like, a company could issue a bearer-bond where the owner wasn't the person who physically possessed the bond, but rather the owner of token XYZ. So, reverse the pointer. Rather than the token claiming to "own" a good, have the good claimed to be "owned" by a specific token. The thing that largely seems nonsensical to me about NFTs is that the underlying ownership is...not valuable. You don't "own" anything other than the token itself. If you were granted the rights of ownership of the digital good (for example, if a worldwide exclusive copyright license were assigned to the bearer of an NFT, then it would "own" something).