Fame Beyond the Net
NFTs serve multiple different purposes. They differ from person to person, depending on their position - whether they are an NFT creator, or (potential) buyer.
A Titled World
These days, ownership of a NFT acts as status symbols - they act as the Lamborghinis of the digital world. Owning NFTs confer a certain status that grants you access to their community, which is sometimes known for its prestige.
Other than their community, it also acts as access cards. Owners have tiered and exclusive benefits associated with the NFTs. They can range from exclusive venues, events, and everything else that one can imagine.
When one owns an NFT, it is verified by the blockchain. This information of ownership is easily accessible to the public. Hence, one can rest assure that ownership is established and secure. This universal security and verification is unique to NFTs, making it superior to physical assets.
Since NFTs are non-fungible, their value can fluctuate depending on speculations - real or perceived. Hence, they can be viewed as an investment for money-making purposes.
Lastly, NFTs are a straightforward way for people to support their favourite creators. By buying or even just paying attention to their works, this creates speculative value for them.