it’s both fascinating and disappointing to see how my brain went from seeing a cryptopunk avi and thinking ”oh so this is a bandwagon guy with no sense of originality/taste, typical crypto garbage waste tool of a person” to ”neat, wonder if it’s real, that guy fucks”. ffs brain
i don’t see status symbols in anything, there is no car, watch, house or even physical fitness that will make me think ”oh who’s that” and now a pixelated ugly ass profile pic triggers this response? so disappointed
i suppose what i respect is that they had the conviction and foresight not to sell this garbage thing, understanding that it would become the status symbol it is today/alternatively buying it at a ridicolous price, having convicition the top wasn’t in? i would’ve sold it at $100k
NFTs are not inherently ”crypto assets” imo. Yes, they use a blockchain as the issuance/transfer mechanism, but that’s irrelevant. There are dollar-backed and gold-backed ERC-tokens. Are dollars and gold ”crypto assets”? No.
While the NFT space might have emerged from the cryptocurrency space, and many NFT collectors are cryptocurrency enthusiasts, and much of the art therefore is deeply-rooted and connected to the interests of cryptocurrency enthusiasts, that does not make them ”crypto assets”.
As time passes, it will be more and more common that a wide variety of assets are issued and traded on blockchains (stocks etc), but the underlying technology for the registration and transfer of ownership has no impact on the type of asset class something belongs to.