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5y
Hi, I think of NFTs as "declaration of support or belief" kinda thing, like, I believe in this author's work and I want to support it, or, I think this author will become more popular so I will support him and sell this early declaration later. And it can be an author, a product, a trend, a project, a community, etc. one really can believe in anything. And you are not paying for the receipt or the artwork itself, instead you are paying to contribute to the creation of this giant slogan that says "we are willing to support whoever shares our belief"
RE: Understanding NFTs: The phenomenon