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That depends. Part of the appeal of blockchain is that it keeps a record of each time a transaction takes place, making it more difficult to steal and turn than, state, a painting hanging in a museum. That stated, cryptocurrencies have actually been stolen prior to, so it truly would depend upon how the NFT is being kept and just how much work a prospective victim would be ready to put in to get their stuff back.

Most likely. Bit rot is a genuine thing: image quality deteriorates, file formats can't be opened anymore, websites go down, people forget the password to their wallets. However physical art in museums is likewise shockingly vulnerable. Yes. Most likely.  Additional Info  of the markets accept Ethereum. However technically, anyone can offer an NFT, and they could ask for whatever currency they desire.

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Considering that NFTs utilize the exact same blockchain technology as some energy-hungry cryptocurrencies, they likewise end up using a lot of electrical power. There are individuals working on mitigating this problem, but so far, many NFTs are still tied to cryptocurrencies that produce a lot of greenhouse gas emissions. There have been a few cases where artists have chosen to not offer NFTs or to cancel future drops after becoming aware of the impacts they might have on environment modification.

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Well, like cryptocurrencies, NFTs are kept in digital wallets (though it deserves keeping in mind that the wallet does specifically have to be NFT-compatible). You might always put the wallet on a computer system in an underground bunker, however. Believe it or not, you have alternatives! Steve Aoki is working on a program based upon a character from a previous NFT drop, called Dominion X.

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There's also a show called Stoner Cats (yes, it has to do with cats that get high, and yes it stars Mila Kunis, Chris Rock, and Jane Fonda), which utilizes NFTs as a sort of ticket system. Presently, there's just one episode readily available, however a Stoner Cat NFT (which, of course, is called a TOKEn) is needed to watch it.