Watch Michelle Phillips draw a sketch of The Mamas and the Papas to sell as an NFT

I guess it’s psychologically more compelling to have a single-issue NFT for something like a physical painting, but there’s no requirement to do so - the NFT itself is the unique item, so you could sell a hundred identical digital images, each with a unique NFT associated. This example is kind of like ten limited physical prints of the art, although analogies are tricky because of the abstraction of every aspect.

That’s not to say I understand the attraction of paying for or owning these, but I suppose celebrity NFTs with a charity angle and a non-virtual dinner make more sense than a lot of other examples. I have attempted to grapple with it mentally, because I can see the appeal of owning a 1950s comic over a much cheaper reprint, for example. But I can’t make that final leap into the abstract. I doubt I’d be much fun to be around in the Matrix.