I’ve read an article or two about mind bogglingly expensive NFTs and how much people are willing to pay for what is essentially just a database entry.
The other day I was thinking about doing exactly the opposite thing, wondering how cheap an NFT could get (including transaction fee). Would it be possible to make NFTs affordable for the masses? What would it take to flood the market with cheap NFTs?
Are there useful NTFs? I might put music in the usefl category, but it certainly depends on the music itself. Buying, admiring, or discussing nonuseful things seems useless to me. In a perfect world, practical, useful items would be made beautiful art as well. Doens’t NTF go against the free culture movement, as well? Not saying everyone has to embrace free culture, but why pay for a gorgeous wallpaper when I could get one for free or take/make my own for my own or others’ use?