Are NFTs being Exploited with Greed or are they Worth their Prices

JPEG, PNG, GIF, and so on. What differentiates a regular image, video, or other digital artworks from NFTs. The fact that you see an image that you can replicate one place or the other, or even place on your wall in the house doesn't mean you are the rightful owner. I have seen people say that you own an NFT provided you have the image with you, this is wrong. So what is an NFT?

NFT allows a curator to create their artwork on the blockchain using a unique signature that determines the ownership of the artwork. The ownership of the digital content can be transferred from one person to the other via the digital signature. The unique asset owned by the person can be sold for real cash, and there can be only one user who owns the unique artwork, video, image, etc.

While fungible token can be divided, non-fungible tokens cannot be divided.NFT provides digital certificates for digital collectibles including games, videos and so on. It is built on the blockchain and NFT is a unique token that can be sold at different amount.

People have been willing to buy NFTs for millions and hundreds of dollar like the Twitter welcome text of Jack that sold for $2.9M and so on. NFT allows creators, and curators to earn, as well as help to straighten contract in a more easy way.

While a lot of artist have spent hours and days do design collections of NFTs which are sold for very impressive amount, a lot of people have seen NFTs as a way to make quick money and just quench their greed. Unlike when people create unique contents to be sold to other users, now people just use codes to create contents that aren't unique and they are sold so as to make quick cash from people who want to own collections so as to be part of the moving NFT train. I also noticed that a lot of platform now sell digital land as NFTs, it looked cool to me until i realized that several platforms were also selling the same land to different people which just looks like selling a image to different people on different platform.

I have seen a lot of NFTs that look alike or virtually the same with different signatures on them differentiating them as different NFTs but then are they really different? I feel these people are trying to milk this process to make early gains or maybe they are not, I can't really say. Do you think that NFTs are being exploited i recent times or are all the collectibles sold worth their prices?

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