Collectible and investment value of NFTs
If the desire to collect crumbs falling from a big pie does not cause bewilderment, then there are many questions about buying an NFT with pictures. NFT does not create any special rights, but why buy it? A lot of people make transactions, they pay real (sometimes space) money, where does the value of NFT come from?
The development of technology once again forces us to reconsider established paradigms. But is NFT a new technology? The tight boundaries of art at the beginning of the 20th century were blown up by a hydrogen bomb called "Black Square", this is the postulation of the idea of a gap between the real world and the world that can be created by the imagination. The "Black Square" was a manifesto screaming that the description of the real world is just a pretty construction in the middle of an endless field of combining elements of information, a symbol does not have to have the form of its meaning, a link is equivalent to content.
NFT-like phenomena have been around for a long time. Game items have been sold for a lot of money since the 90s, and donations? There is already a whole generation that does not find it strange to voluntarily throw money into the void and feel good about it. Most occasional NFT purchases are pure donations.
NFT influencers
The era of “influencers” is flourishing on the Internet, to attract attention = to attract money. If blockchain is added to the trade in non-existent items, then a new rock and roll is obtained. NFT fits perfectly into modern culture, more precisely, not NFT itself, but what it has become along with its media wrapper. It is all this festive tinsel and confetti, absurdity and meaninglessness, accompanied by an avalanche-like increase in attention, that is all in tune with the hype culture. In the media space, buying an expensive car and NFT looks the same, and it’s easier to prove the presence of NFT, especially since Instagram creates the feeling that every fool now has a Rolls-Royce. NFT can't cost that much? A factory t-shirt couldn't even cost $3,000 until the first buyer was found. Luxury for show lost touch with gold after the dollar. An expensive thing can differ from a cheap one only by a tag, in the case of NFT, even the thing is no longer needed. For a million dollars, you can buy a "famous popular thing", which, with a good combination of circumstances, you can naturally resell.
This kind of social behavior is nothing new, burning a million for a video is already commonplace and not sustainable, although NFT adds an element of truth to the media frenzy, imitators will not be able to benefit from a new reality in which all actions are verifiable and in front of everyone.
With NFT, you can build an account of anything in many different ways, but it was the ownership analogy that turned out to be a brilliant find for popularizing an obscure technology. The phenomenon of the existence of high subjective value is familiar to everyone. At the very beginning of life, people are alienated from owning anything and therefore sticks, glasses, any trinkets that stand out with something are given the status of property. But imagine what will happen if several owners of similar quasi-property meet? They will exchange. This phenomenon has delighted the mass of YouTube NFT channels that promote NFT to a wide range of people. Promoting these values makes people spend and invest in pictures.
Conclusion
When adults do this, it's called collecting. Adults have real money, if they are willing to pay for something, there will inevitably be a market and pricing. That is why the second idea that pops up in the context of NFTs is collecting. Collecting is an attempt to justify the purchase of useless virtual tokens with no content, although you can just as well collect random numbers.