Before NFTs, my main gig was as a blacksmith jeweller. I made and sold over 3000 hand forged wedding bands mostly out  of titanium, stainless steel, iron, sometimes gold. Physical or digital tokens are equally arbitrary;  intangible value derives mostly from assigned meaning due to the story.

I took a similar lesson from a summer twisting balloon animals. Two cents of rubber could instantly become worth hundreds of dollars with the right story and a little skill.

co founder of @metamask . Making computers behave for us.

Amazing story!  There is opportunities everywhere.  Cloth cost x amount but in the skilled tailor it is made into a suit and now worth far more!