@hkalodner For every mechanism design there is probably an open set that defines the system for which it holds. If that set is big enough it doesn’t really matter if the system is closed…
My own conservative guess though is that 5-10 years from now 99% of current NFTs won’t have any value. Most valuable NFTs are yet to be created as the right rails are built.
<thread> What is the value of an NFT if it can be copied? Digital copyright in today’s digital world is for the most part very hard (expensive) to enforce.