I started learning Solana recently to try and see what the fuss was all about. After getting beyond the basics I took a look at the technical concepts behind NFTs and my first reaction was literally - "this is creating something out of nothing". It was the equivalent of just inserting some rows into a database except that the operations were all logged in an immutable audit trail.
While I appreciate the value that a decentralized system of record with immutable log entries that the blockchain offers, I struggle to see how NFTs have value. But who am I to argue when buyers put their money into it.
I started learning Solana recently to try and see what the fuss was all about. After getting beyond the basics I took a look at the technical concepts behind NFTs and my first reaction was literally - "this is creating something out of nothing". It was the equivalent of just inserting some rows into a database except that the operations were all logged in an immutable audit trail.
While I appreciate the value that a decentralized system of record with immutable log entries that the blockchain offers, I struggle to see how NFTs have value. But who am I to argue when buyers put their money into it.