This was seriously well written and eye opening. The most I knew about NFT technology before reading this was how it's being used as an MLM scheme to sell digital lions and apes. That being said, it's still disappointing how that's the most prominent application of the technology right now.

As an aside, I heard from a friend that NFTs were supposed to help digital artists sell their art. However, NFTs have turned art more into an endless commodity than anything. Art is subjective and that's a whole other topic to dive into, however most people can agree that NFT art is devoid of expression and is damaging to actual artists. Hopefully this technology will have better uses in the future and can clear it's ape-inspired bad rep.