Unpopular Opinion: the NFT space is so degenerate that it risks killing the tech before any real application is adopted


I have been watching this space with a lot of interest, even though I am not invested myself. I see the potential of Non-fungibility in things like property, deeds, debt issuing.
But all it is being used for right now is, realistically, proof of concept with all this art stuff. And it is spilling to the mainstream, this is bad.
From the reaction people have been having to it, the majority think it’s either a scam or the new Beanie Babies, without any concept of what the tech actually can do.
I am afraid that if this growth phase ruins the image of the NFT tech, we will never see it implemented in the cases where it would be incredible.

submitted by /u/DaVirus
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