People are using NFTs as stores of value. Despite spending, the owners are not illiquid and are much more liquid than fine art collectors, as borrowing at decently high Loan to Value ratios against the NFT can happen in the subsequent block.

Given your existing predilection, knowing that probably also just moves the goal post for why you think there is something wrong with it "omg, now there's leverage!?". But its just an efficiency on the existing art world which has all the same stuff just much slower due to poor data and information, and nothing to do with the pseudo-intellection abstraction of value.

In a single protocol (standardized class with a set of standardized functions), art provenance has been disrupted, art appraisal has been disrupted, art insurance has been disrupted, art lending has been disrupted, and art royalties have been disrupted.

You will just be seeing more participants in the collectors market because of it, and a market that moves faster and can attract more capital globally, instantly, during a period of massive currency creation.

Its not anybody's problem that new galleries/marketplaces have fees for the artists. Its not anybody's problem that there will still be a ton of starving artists that will never get bids on these platforms. Its not anybody's problem that a buyer ends up with an asset that might not be valued the same or higher or ever get a bid again. Its not anybody's problem that a lender winds up with an illiquid asset. Buy art you like and from creators you like to support, maybe some times you won't get outbid.