The way I read the article, the “worth millions” is the sum of the ransom demand.
The funny part is that the exploit is in the “smart” contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.
The way I read the article, the “worth millions” is the sum of the ransom demand.
The funny part is that the exploit is in the “smart” contract, ya know the thing that the blockchain keeps secure by forbidding any updates or patches.
Just like with everything else, all those things you suggested are already done much more reliably without NFTs.
If you still want to see a more “pratical” use of it, look no further than Decentraland, where it’s used as “ownership” of digital “land” and other “goods”.