[soultrees]

NFTs are interesting because they are a start of the conversation on the path of digital ownership and scarcity. As it stands now, this space is not even close to its final form and eventually the idea of digital ownership is not so far fetched.

As an example - say a famous artist decides to create 1 single sketch. I only create 1 item and sell it to you who now in turn owns that piece to do as you please whether it’s lease it out for commercial purposes, stash it away on a HD, launder money, etc etc. Sure it’s just pixels on a screen but the ownership of rights is what you are paying the artist for. (Now imagine the same scenario 10-20 years down the line when super VR is a thing and most of us spend more time in our digital lives than the real world). As the purchaser, you can now track the usage of your asset you’ve purchased through a blockchain.

So it makes sense, but the current state of small iterations of the same piece of artwork are akin to ikea pieces in real value and are completely just advantage of the current hype. There will be a correction at some point as things mature.