I honestly think there’s a way to marry both worlds. I’d imagine that the person that owns a Picasso would love to leverage it somehow. They store it in a vault regardless, so why not issue an NFT for it so you can seamlessly (and cheaply) sell/transfer ownership without having to insure, ship, auction it(get charged crazy fees for doing so)?
Right now NFTs are purely digital art. There’s a whole realm of possibilities if we’re talking collectible physical assets
Seems like a gold card you want yeah? I thinj its bettet to stay decentralized and server its purpose through digital aspect alone. I like the idea however, nft usage for physically backed isny something mroe trader or collector would like. Maybe for some they want but I rather pick a personal art instead if thats the case. Nft is created and trend with a purpose, better to stay as it is.