I explain my opinion in length in this video, but in summary i see NFTs as the same kind of art speculation that gives priority to Name over Quality that i always hated in physical art, now coming to the digital https://youtu.be/CaMzfO58FO0
You can Vote daily for Monster girls on tour
Intrinsic forms of value and effects of speculation are almost unrelated. And saving is a trivial form of speculation: you buy X as a bet on the price of X going the way you expect — if only not devaluing more than cash after some time. Consider gold, as it was before XX century. Much the same applies to art. That’s natural in itself. Excesses indicate that something unhealthy goes on, however.
I suspect NFT appeared to satisfy desperate demand for faster, bubble style speculation. Crypto stabilized, saturated and is not going to offer new big bubbles, so those who used it for more short term forms of speculation seek something new. And since the real economy is still being hammered into the ground, even real-world bullshit industries artificially created by the nu-theocratic oligarchy (those horrid windmills, etc) have no clear prospects of expansion and offer only risks rather than sweet bubble profits.