Cryptopunks are the oldest NFTs and it’s the data about them – their “metadata” – such as their longevity on the blockchain, that is desired. You have to look past the art and look at the medium to get what is going on.
Art undoubtedly has the power to explore trauma. As University of Queensland academics Névine El Nossery and Amy L Hubbell have argued, art transmits trauma’s unspeakability. The power of art, they say, is to “transform and render pain.”