I smell a false analogy fallacy. Axie NFTs are fad so just avoid all NFTs at all cost?
I think that the concept of an NFT is quite a useful one, and you should maybe not consider the value of it as a first thing.
Domain names were also speculated upon in the early days. Remember people buying up 3 or 4 letter dommain just to sell them for more money?
It's just a change in the trustmodel behind DNS that is really needed here. Instead of trusting a chain of certificate authorities you can trust a blockchain's consensus mechanism instead.
> I think that the concept of an NFT is quite a useful one
How so? Can you name a few useful applications? From my understanding NFTs are only as useful as "property titles", which means they have exactly one and only one application: speculation, which in my book is an absolute anti-feature.
> Instead of trusting a chain of certificate authorities you can trust a blockchain's consensus mechanism instead.
I think you meant registries, not CAs? How is "blockchain consensus" better, given all the blockchain failures we've witnessed so far with BTC/ETH and all the related hacks, monopolistic overreach from state-sponsored hardware vendors, and lack of consensus on the software leading to hard forks? Don't you think hard-wiring monetary incentives to something as basic as a naming scheme can only lead to bad outcomes (as ICANN gTLD programme has demonstrated)?
What's your take on the GNU Name System? Concerns about it being a GNU project aside ("it'll be ready when GNU/Hurd is ready"), what do you make of the features and threat model? Personal opinion: on paper, i find it's the least-worst naming system i've ever read about.
I think that the concept of an NFT is quite a useful one, and you should maybe not consider the value of it as a first thing.
Domain names were also speculated upon in the early days. Remember people buying up 3 or 4 letter dommain just to sell them for more money?
It's just a change in the trustmodel behind DNS that is really needed here. Instead of trusting a chain of certificate authorities you can trust a blockchain's consensus mechanism instead.