^^ Like that title says. I want to know more about what you guys in Altcoin Discussion think about NFTs?
I think NFTs are the best strategy for money laundering nowadays... For me is nonsense to see someone spending a huge amount of money on a digital piece of art, but is a nice way to justify a transaction... so if someone buys drugs or weapons on the internet they can justify the big amount of money with this technology and under the water send the package.
This is the only way NFTs have a sense for me. There is not other way to justify why will someone spend a big amount of money on a PNG or a JPG.
NFT is not just an art, infact art isn't the only thing that made up NFT market nowadays, and tbh those overblown art are indeed seems like money laundering or just trying to gain fame done by the buyers but NFT could be very promising like
giving a way for musician to sell license through NFT, etc. Not to mention that the thing you mentioned isn't just a JPG picture where everyone could get from internet, it's the right of ownership that make the art NFT could sells so high.