NFT art unlikely to be mass-market, but NFT licenses may be

Visa's purchase of a non-fungible token (NFT) for $150,000 from the CryptoPunks collection made headlines recently, and though the purchase was related to high art and luxury, the technology’s journey from memes to riches has taken it into the digital art world. The author argues that this will not be the main use of NFTs further down the road, but rather a new and expensive plaything for the wealthy and some especially fervent crypto-personalities and communities. Instead, the author sees the mass-market use case for NFTs in gaming and in the corporate world, where the key feature that NFTs bring to the table is their ability to confirm the authenticity of digital assets.