Nice article @nickayton. We share your concerns about NFTs as well. The concept is fine, but you nailed the fact that NFTs lack the concept related to transfer of ownership. In order for people to exchange their tokens for an "asset", it has to be transferable.

We are in the midst of building out an innovative alternative lending platform that utilizes the concepts around NFAs. @Sansbank's platform allows everyday investors to purchase tokens in real estate assets that in turn, allow them to part-take in the profits of the real estate asset class. The transaction is recorded, adheres to SEC requirements for securities and profit is paid out monthly to the holders. The power of blockchain in a non-fungible manner - Who knew... www.sansbank.io