[babelchips]

The problem with that article is it confuses NFTs with NFTs being used as collectibles.

It’s like criticising the JPG file format because a lot of people use it to just store pictures of cats.

The practical use-cases for NFTs, tokenisation of real world items, identities, proofs, certificates etc., goes far beyond the collectibles market.

NFTs are going to play a massive role in our lives in the future. Criticising them because of one trivial (albeit lucrative) aspect is missing the forest for the trees.