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Is there any legitimate use for NFTs?

Etherum Reddit

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Samuel Martin:

It's no secret that I've been driven by a deep and furious passion concerning the deluge of fraud that has taken over the virtual world industry:

It’s heartbreaking to see crypto/NFTs destroy something I love

I started as a curious observer and I assumed, because of all of the big companies investing in the space, that there was real value.

The more I discovered, the more I was disturbed by what I saw. The more I looked into the technical side, the less value I perceived. Time and time again I observed people were willing to turn a blind eye to obvious issues in order to generate a sense of hype.

Everyone was willing to believe someone else had figured it out but the closer I came to the emperor's chamber the more I realized that he was wearing no clothes.

A little compromise here, a little blindness there and the great deception is formed.

Where are the people of integrity?

If you don't know what I'm talking about I suggest reading:

The idea that NFTs will allow you to take items between worlds is a pipe dream driven by ignorance.

Not only that I have noticed that artificial intelligence is being used here on Reddit to write articles in mass to promote the value of NFTs and crypto. It's the same article over and over and over again with synonyms changed. Then these posts are upvoted by bots creating a fake-news cycle supposedly supported by the masses.

However, the more research I do the less human support I see for this hype cycle.

Are we all just being led along by bots?

Finally, my question:

I really believe in being objective about things and not just taking a position and being unwilling to change your mind. So I have been talking with industry experts trying to probe and find a way to challenge my own idea of the metaverse.There's one thing that I've been unable to refute concerning a possible value for NFTs, and I came here to see what people think:

In the past it's been very difficult to track the royalties of art sales. Let's say I create a piece of fine art and I want to give it up in exchange for royalties on its sale to a publisher. I want a transparent way to track this art throughout the web and get my royalties.

Is there any real, serious, legitimate use case for NFTs?


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