Not strictly. It could also represent the ownership of a house. Usages like that are not widely-adopted, but NFTs are so much more than art.
That's a horrifying suggestion.
https://youtu.be/DrbDWq64BNg?si=o7Pb-nZzLeObmrw0
Yes, in theory they could. I was talking about real world NFTs we have so far encountered.
