One of my visual designers made me of NFTs and the concept a few months ago, and he managed to sell a Scribble of a horse for $100. That piqued my interest, so I finally did some research. I still have no idea who, beyond early adopters, art collectors, and money launderers, could really benefit from the current state of NFTs, but I’m sure we’ll see use cases that make sense emerge soon. Like most emerging technology, I imagine that the first really comprehensible reason for NFTs will come from the adult entertainment industry.
It cost me $80 and an Etherium account to place a small image into the market. I certainly can get into more detail about how it’s done, but I will say now that the quality of the work on the market doesn’t seem to correlate with the final price. I’ll write more when I have time.