[sharperguy]

It's like the difference between a genuine pokemon card and a print-off. The print-off looks just like the original, except for a missing security hologram.

In theory, you could use the print-off in games of pokemon at home with friends with no problem.

So why is the genuine one worth more? Because its the genuine card printed by The Pokemon Company, and you can prove it.

So in a sense, NFTs distill the "genuine" part and separate it from the need for a physical token or card.

That said, I am highly skeptical that any NFT will be worth the many thousands people are paying from them now in a few years time. Especially as the platforms they are based on fail to scale and transaction fees become ever more problematic.