[barnabee]

> The underlying asset is not stored on the blockchain and can be deleted at any time.

If the asset is stored on IPFS, as many are, this is simply not true. Even if the asset falls off the network (which the creator, owner, NFT holder, and anyone else can prevent by pinning it themselves) then as long as you have the file(a) and the IPFS software you can put it back at any time, and it’ll have the same URL thanks to content addressability.

I’d certainly agree that any NFT that links to a digital asset in a mutable / non-content addressable way is worthless.