Comment by _ixdf

While I mostly agree with you, you are describing the NFT art market not the technology itself. At its core, NFT is a technology to create digital scarcity and can be used for non-hype cases such as storing a contract or a wedding certificate. Right now that's not what it's used for, but perhaps in the future it can be a useful technology to store information in niche cases rather than being a modern day gold rush. As someone who has dabbled in NFTs, the current state of the NFT art market repulses me even more than cryptobros.