They are not 'contracts'. It's just code. Which some people can try to pass of as 'contracts', which is fine, but future magistrates will decide how much they

They are not 'contracts'. It's just code. Which some people can try to pass of as 'contracts', which is fine, but future magistrates will decide how much they are really contracts. That legal outcome is not clear so it's unlikely companies are going to spend a lot of time using said 'contracts' in any other terms than they use code today to do things. More likely, companies will use an 'actual contract' to clarify the meaning and use of the NFT transactions, which participants will have to sign should they want to meaningfully participate in something. Which highlights the existential problem for distributed systems in that they mostly rely on some civil 'context' which is likely going to be 'centralized' at least in the purview of the decentralized people.