That’s what the collectables market is before crypto was even a thing. Highest risk with the highest reward, there is nothing more volatile than collectables because the same event that causes it to lose value could mean massive value gain to others, think murder houses. It’s the ebb and flow of human perception and when you add in decentralized, unregulated crypto we get the digital collectables market which will always be like this.

There is no ‘doomed’ because the product possibilities are infinite and the value of them exists within a bubble, new NFT use cases will be separate from every one before them. “NFT’d links to art” are just a terrible use case through and through.