Is this an NFT without the block chain? Sounds like it from a quick skim.
[1]: https://en.wikipedia.org/wiki/The_Million_Dollar_Homepage
Like a plain old database ?
"NFT without the Blockchain" is a weird thing to say
Though I suppose the only things which I'm aware of which actually benefit from a blockchain was version control systems like git.
(I heard there's some cases where self-executing contractual obligations are a money saver versus proving you're not engaged in unlawful collusion with the counterparty, but as this didn't come from a lawyer I don't even know if that was true).