I'm not for NFT's myself.. But it proves that digital property has value in collecting, main thing is prices will have to surge over years to become clear what the real prices will be... atm its just anyone guess and wild things happening as to many collections are coming everyday.
I don't own NFT's bc i'm not into it. But I do believe digital art will be a thing for some kind of collecting.
You are right here. Collectibles strengthen the value of owning digital properties. Over the years there will be scarcity which would give them some uniqueness thereby creating value. This goes beyond traditional digital files which can be easily duplicated or copied. Up till these days, the passion for arts is increasing so much. The rich now buy digital art for millions or billions of dollars not just because they are expensive but because they know that in decades to come the value of that art will be sold 10 times what they had bought it.
The secrets is give value to any collectible and you can choose to give it a price you want. Since your not a fan of NFT then it is good that you are a huge fan of digital art. Such that you are willing to collect as much as you can afford.
The main problem in early stages will be
A lot of people knowing each other driving the price of a few specific items and creating higher prices for them… then a unknowing person buying at a to high price for a worthless piece being stuck to it… but yeah DYOR and buy what you deem worthy I guess
In the NFT market, what actually happens most of the time is that one person can appear to be three different bodies with a lot of funds under their control. Now they create different wallets, not linking any of them to the other, come for a particular NFT, use one account to place it in the market, and use the other to buy it at a specific price.
After some time, they use another account to buy it at a much higher price. The more they continue rotating this either within a different wallet controlled by one person or the same body, the more they are also becoming aware of how that particular NFt has been making so much gain.
Whoever buys those lies will become the victim, as they will be ready to pay twice the present price just to acquire it, hoping to sell it back to the market at a much higher price. Most of the time, it all ends up with them unless another whale falls prey.