[centimeter]

Two reasons this is not likely to succeed:

1. Reality is a schelling point. Owning a physically, globally unique version of an object is more universally appreciable than owning a virtual title that only has significance insofar as the NFT shitcoin platform you "own" it on has significance. There are probably going to be dozens of these NFT platforms, and I don't see many natural dynamics that would cause one to come out ahead (unlike with money).

2. Owning the physical version of something gives you a meaningful monopoly over certain uses of the item (exhibiting the painting, wearing the shoes, etc.) whereas NFTs only give you access to one monopoly (bragging rights). It's not nothing, but it's not much either.

[kellyreid]

see my post above to understand why I think you need to adjust your definition of Reality. There are entire swaths of society (especially when you get to the under-25 demographic - which I am most certainly _NOT_ a part of) that grew up on Digital, not Physical.

Sincere question, are you old enough to have grown up in an era where, as kids, we coveted cool baseball cards? That industry died some time in my early 20s (I'm well over 30 right now) and that's part of what led me to shift digital.

The real key is that there are a huge quantity of people who care about digital goods more than physical.

The one thing I think you've got quite wrong is about "shitcoin platforms". That just doesn't really apply to NFTs as broadly as you've used it. There are a load of validated, good NFT products, and there are heaps more that are total shit. I would say that painting the entire ecosystem of NFTs as "shitcoin platforms" represents a major blind spot in your evaluation.

I have nothing to sell or convince, just a point of view from someone who's been in this world for a long time trying to fill in gaps in knowledge where I can.

[detaro]

Regarding 2: Rights might very well be tied to owning the token. Just because you can obtain a digital file doesn't give you full license rights to it. Neither law nor the Art world are stranger to non-physical artworks with licenses.

[0b01]

Remember when Martin Shkreli had that unreleased Wu Tang album? Yes he still has it.

[dmt0]

Well, if he had it on blockchain and we all could have the digital copy of the album and listen to it, and he would only have the bragging right represented by his ownership of the token, it wouldn't be the same, would it?