Everytime I get excited about NFTs (as they exist currently) I come back to the blackpill that the only thing that is onchain is the metadata and most of the actual NFT content is just hosted on S3 buckets

Can someone un-blackpill me?

I still think the underlying tech is cool fwiw

1. Entirely on-chain SVGs

2. NFTs as visual media while neat, is limiting. That's like saying the web is only useful for static read only pages. It's the start of an entirely new computing platform that is permissionless, composable and remixable.