NFTs are already a thing now. Getting Millions of Dollars for NFTS is no more a jaw dropping news.  People have gotten used to it.

Digital Art gets sold as NFTs for millions of dollars. The NFT is a unique digital token which is not a paper, but a code which lives in the blockchain.  The NFT permits buyers to purchase digital ownership of digital goods, which is mostly an animation of video.

Buyers pay the high price to support artists who create such work.  The point about NFTs is that those who buy are going to buy a part of the ownership and they are not going to be able to physically own the asset, for they might buy a part of the asset.  They can probably brag about having got the ownership of specific NFTs.

Those who take pride in collectibles and have the inclination to pay the price for adorable art work are those who are in this space.

For as long as the hyper around the art or media behind the NFT exists, the scope of speculation is high and therefore it is possible for users to sell it possible for more than what they bought it for.

There are several artists who have made out big with NFTs. The artists further decide to donate their earnings for good cause like non-profit projects that do good for the environment etc.

The list of NFT market places is growing every day.  If you are new to the world of NFTs getting to know a few names will make you feel comfortable about having known something about his market.

Cryptokitties, NFTONE, Axie Infinity, The Sandbox, OpenSea, Decentraland, Polygon, Nifty Gateway, Vee Friends, Rocki, Super Race, Enjin Market Place, Rarible, WazirX, Async Art, Arkane Network, Portion, Mintable, Known Origin, Zora, PlayDapp, NBA Top Shot, Aavegotchi, Crypto Punks, Crypto Slam, Viv3, Treasure Land, Bakery Swap, Hashmasks, Art Blocks, Ghost Market, Waxstash, VALOR Prime, NFT Show Room, Myth Market, Atomic Market, Cryptocats, Nifty Comedians   and many, many more.

Each NFT market place is a world in itself.  There is no clear ideal about why would someone be moved to pay so much, when they might not even get physical delivery of the picture. However, the flow of funds ultimately in some cases is geared towards the greater causes of human good.

Perhaps why someone would spend on NFTs is attributable to the great good. Those who are privileged and have more than what they need for a well-sustained lifestyle are probably okay with spending their stuff which they know will eventually go for a good cause.