Question on how NFTs work

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Question on how NFTs work

Once an NFT is transacted through the Ethereum network, that NFT's life is tied directly to the Ethereum network?

Meaning these people who are spending thousands/millions of dollars on NFTs will only have those NFTs as long the Ethereum network is up and running?

Is this true?

If so that's extremely bullish for Ethereum. These people wouldn't want to lose what they purchased

submitted by /u/RyanTheLionHearMeRor
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