Too Long; Didn't Read
NFTs can be financially valuable due to the rarity, authenticity, and origin of their underlying assets/products/contracts. For example, digital art that was created by a famous artist, a soundtrack recorded by a celebrity, or it can be a luxury real estate. NFT technology isn't re-inventing these industries. It makes them efficient through better transactions, more transparency, and the prevention of counterfeiting. NFT's are helping to solve multiple problems related to provenance, counterfeiting, transacting, and liquidity.