Ralph Snart NFT!
10 reasons NFTs are dumb.
All good reasons, but I’ll add, as it pertains to art — traditional art, in which the art is a physical, one-of-a-kind object is being replaced by digital art, which is not a physical object and not one-of-a-kind. Traditional art is also harder to create requiring far more skill and know how, hence the rise of digital art (people are getting lazier and dumber). So which would you rather own (or in the case of digital, “own”).
5 reasons NFTs are not dumb.
None of these reasons are compelling. Metaverses? Web3? Meh. Monetizing every interaction on the web will only encourage more trolling, spammers, hackers and general dumb asses hoping to "cash in".