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Rarely, rarely, you hit the mythical 1 promile case where the blockchain works where other options don't.

But it's rare, and usually involves actual involvement with the creator, not some scummy mass production scam like Bored Apes.

Human nature. Humans like to collect things, and if you feel like you own a limited edition of something, you will be more inclined to purchase it. DVDs were a cash cow for the movie industry, in a way that streaming (including the ability to buy on digital services) is not.

I don’t necessarily think it’s logical to collect DVDs, toys, concert merchandise, or NFTs, but if humanity appears to enjoy it, and it thus creates a sizeable revenue stream for artists, what is the harm?

Your way is logical, but will in fact not have the same result.

But if you collect DVDs or toys at least you have something. The NFTs are essentially hot air tulips in comparison, as far as I can gather.

If the NFT itself contained the artists signature of the actual work, the bits in a PNG or similar, as well as the license for that work, then that would be something at least.

Because the artist will receive royalties every time that NFT is sold in perpetuity with a percentage as defined in the smart contract.