When I came across the post by derangedvisions I was stunned. I still can't believe that people would pay so much for an NFT. Yet, I accept that this is the new normal and as Edicted put in, if there can be some other usecases to it like exclusive gaming then the value of each NFT will spike even further
There are many physical items even without utility that have value, like old post stamps or old coins. They are just scarce and people want them. In that way digitally scarce items could have demand simply by people just wanting them. But if punks would gain utility via game, then they'd be sort of like gaming cards. Then the demand is much easier to create.
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