> "People love a good story. And people believe that the value of this story will only increase over time." I mean....maybe. But there has to be a moat to cre

> "People love a good story. And people believe that the value of this story will only increase over time." I mean....maybe. But there has to be a moat to create some sort of limited access to the story. The New York Yankees are an incredible story, most famous franchise in sports and located in what people refer to as the capital of the world. Still in order to read the next chapter of the Yankees story you need to have 100$ on the side to go to the Bronx and watch it unfold. Same thing with NFTs, when you are buying a Yankee hat you are paying royalties to the Yankees organization and every brand would fight tooth and nails to remove from the market chinese knock offs. NFT people have embraced the concept of knockoffs because they think that the larger the distribution the more popular something would become. Again...maybe, but human psyche is weird, as a fan I'd become suspicious if the Yankees started allwoing everybody in for free at the Yankee stadium. If the author doesn't give a damn about protecting their work, then what does it tell you about their own perceived quality of the aforementioned work? Sorry if there's anybody from Boston reading, the same is true for the Red Sox...kinda.