NFTs is not just collectibles though. Yes, that's its main attraction now but a lot more can be achieved with NFTs.
For example, in India - a police station use NFTs to publish cases filed so that no one can change it.
Also, a university here issues degree certificate as NFT so anyone in the world can verify.
Those new use cases are slowly popping off now
But you can change the url that the nft is pointing to right?
Why doesnt the police station simply hash the original document to verify it hasnt been altered? No fees to be paid and no need to pollute a public digital Commons with ephemeral data
NGL most of these third world blockchain solutions sound like some corrupt official was bribed to greenlight another useless X-but-in-the-Blockchain project that a group of investors was looking to dump on a taxpaying public.
Yes there are many such cases.
But out of those many are trying to innovate as well. Those failure attempts will lead us to someone really efficient.
