Tbh, a large part of the art market can indeed be called a scam that only exists as a tax evasion opportunity. Maybe that shouldn’t be the template for the so called Web3.
I see the same argument rehashed over and over, and it's the same reason HN as a collective never understood or embraced crypto in general - a total lack of understanding combined with a total lack of imagination.
If your standard is 'there is lots of money in it, therefore it is cool & good and should be embraced' then sure, I will freely admit that both contemporary art and NFTs pass that standard. So do televangelism, diamonds, and robocalls.