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Dead NFTs: The Evolving Landscape of the NFT Market
(dappgambl.com)
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this post was submitted on 24 Sep 2023
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Technology
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NFT's are nothing more than digital receipts. They do not stop copying what ever the receipt points to and they are nothing special at all.
If the web address your NFT points to disappears due to the site shutting down. Your NFT is beyond worthless.
From the Economist.
Quote:
To "own" one means having your ownership recorded on a digital ledger—nothing more.
Digital receipts are easy to do without mining crypto. Just send an email. Use a postgres database. There's literally nothing offered by nfts that can't be done less stupidly another way.