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Barreft posted:I still wouldn't doubt it being a success. People are loving stupid. Musk is the richest person ever in history. Humans are just dumb as poo poo and we'll never evolve past it. Luckily we're doing our best to make ourselves extinct. For it to become what they want it to be, those lovely headsets need to be as ubiquitous as cellphones and used just as much. It's never gonna happen
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# ? Feb 4, 2022 03:29 |
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# ? Jun 3, 2024 22:40 |
pnumoman posted:For it to become what they want it to be, those lovely headsets need to be as ubiquitous as cellphones and used just as much. It's never gonna happen It makes no difference if it doesn't become what it was meant to. I'm talking pure money profit as a success. I don't think there will ever be a FB-verse, neither does Facebook. Just like I don't think Star Citizen/NFTS/Bitcoins/Tesla,Boring,SpaceX are ever going to deliver anything. People are still stupid as poo poo and make them crazy amounts of money.
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# ? Feb 4, 2022 03:35 |
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"Your Grandkids Actually Respect You Simulator" might be what turns it around.
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# ? Feb 4, 2022 12:29 |
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Barreft posted:It makes no difference if it doesn't become what it was meant to. I'm talking pure money profit as a success. I don't think there will ever be a FB-verse, neither does Facebook. Just like I don't think Star Citizen/NFTS/Bitcoins/Tesla,Boring,SpaceX are ever going to deliver anything. SpaceX is already working (That's because Musk is too much of an idiot to even pretend that he is a rocket scientist). I don't think that Metaverse will ever be profitable enough to justify the amount of resources Facebook is investing in it. At best it will be moderately profitable, but at the cost of losing focus on Facebook's main business.
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# ? Feb 4, 2022 15:22 |
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Hub Cat posted:Gamestop continues its NFT plans by partnering with Immutable: Yeah, about that... https://decrypt.co/92142/gamestop-immutable-x-tokens-dump-ethereum-nft Well, seemed to work out for them!
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# ? Feb 5, 2022 00:44 |
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Original_Z posted:Yeah, about that... https://twitter.com/polarply/status/1489574132505317380?s=20&t=C1w4XG9MCHkE-I0bt05vZg Hub Cat fucked around with this message at 00:54 on Feb 5, 2022 |
# ? Feb 5, 2022 00:51 |
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loving https://www.pcgamer.com/nft-marketplace-halts-transactions-due-to-rampant-counterfeiting/ Also the Team17 NFT thing seems to have continued backlash within the company as more common things like the CEO making a bajillion dollars while leaning on peons is a thing. Unionization now!
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# ? Feb 13, 2022 19:31 |
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INTERVIEW: PLATINUMGAMES DOESN’T WANT TO BE KNOWN AS ‘JUST THE ACTION GAME COMPANY’VGC posted:NFT and blockchain have become a popular trend among corporations. What’s Platinum’s interest, if any?
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# ? Feb 16, 2022 23:31 |
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What a shitheel interviewer for fishing but props to those dudes for dunking on Konami.
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# ? Feb 17, 2022 00:28 |
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I like how these days, especially outside of the discussions about games, NFTs are just becoming "It's Kickstarter except there's no product, we're just delivering some backer rewards" I know a NFTBro who poured his savings into creating and launching an NFT line which launched last month. To make it even dumber and consolidate it down to an even worse audience it is a Hot Sauce NFT. What do you get for owning them? Well, upon reaching certain dollar amounts sold, owners get entered in a raffle to win... weird Kickstarter-type backer rewards like hot sauce holsters, free hot sauce mailed to you, and uhh... I guess if they make enough money they say they'll start a Hot Sauce convention? I just checked it out and a month later their social media accounts are still making daily posts about how they're about to sell out (of the 10,000 in the set) and this might be your last chance to get one so you better act quick. Except NFTs all have public ledgers lmao, so I looked it up and they have sold... one. For $300. When all these AAA devs launch their NFT marketplaces, things like preorder bonuses or collectors edition bonuses or kickstarter rewards are going to be replaced by NFTs. It's going to be another way for publishers to cut costs. And I can already see some of them not even allowing you to log into the game and play until you create an account on their marketplace and connect it to a wallet to store your NFTs. e: Also looking at a lot of terrible affiliated NFT projects, "We will create a world in Metaverse!" seems to be one of the most common top-level rewards for them selling their entire set which just compounds on how bafflingly funny all of this is to me. It's like if the project is fully funded, that is when they'll start to conceptualize an end product. I keep imagining it as a Kickstarter campaign: "Hi Kickstarter! Our goal is $3,000,000 and if we get it, we'll make a video game. It will probably be an RPG or some kind of FPS and most likely science-fiction themed! When we reach the goal we'll sit down and figure it out and let you know" deep dish peat moss fucked around with this message at 01:02 on Feb 17, 2022 |
# ? Feb 17, 2022 00:54 |
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Mildly related but I was watching a video on my phone where I can't adblock YouTube and the ad I had to sit through five seconds of warned me not to invest my money in stocks or even crypto, but in the next big thing: digital real estate. I looked it up because my initial (extremely correct) thought was this was a nice way to phrase domain squatting. Turns out not only is this trend about domain squatting and similar, but there are literal games that feature plots of land in them you can buy for millions of real dollars. Which... I literally cannot fathom someone that stupid.
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# ? Feb 17, 2022 01:16 |
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Dark_Swordmaster posted:Mildly related but I was watching a video on my phone where I can't adblock YouTube and the ad I had to sit through five seconds of warned me not to invest my money in stocks or even crypto, but in the next big thing: digital real estate. E A R T H 2
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# ? Feb 17, 2022 01:36 |
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that 'software' is hilarious for how much they saw star citizen and was like "how can we do that, but promise even less"
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# ? Feb 17, 2022 01:56 |
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Lammasu posted:This NFT thing reminds me of emu ranching in the 90s. Huge money was moved selling them for breading but no one actually ate them. Way back in the thread but what the gently caress. I remember we had one around here when I was young, they sold emu jerky and had their bigass eggs on display. I had no idea it was some crazy fad, I thought it was just the product of a local crazy or something. The last I ever remember hearing about it, some of the Emus had broken out and were continually outsmarting local cops lmao. Thanks for the insight on some very weird childhood memories.
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# ? Feb 17, 2022 02:41 |
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Dark_Swordmaster posted:Mildly related but I was watching a video on my phone where I can't adblock YouTube and the ad I had to sit through five seconds of warned me not to invest my money in stocks or even crypto, but in the next big thing: digital real estate. There's not even a game yet most of the time, just a website where you can buy land parcels. ETA: Something I'm not understanding is all this play to earn stuff. I suspect this means I'm actually understanding that it's a scam but anyway: For you to be able to earn money, the money has to come from somewhere. So if we use dollars, those have to come from somewhere, simply generating a crypto or nft doesn't make dollars appear, someone has to be willing to pay for the token. It's not going to be the game developers/publishers because why the gently caress would they? So then that leaves your fellow players buying your stuff, but I somehow suspect that most stuff won't be worth poo poo and also now your whole premise of value is built upon getting more suckers into the game so you can cash out. Is this really it? organburner fucked around with this message at 12:07 on Feb 17, 2022 |
# ? Feb 17, 2022 10:16 |
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Yes, the "earning" requires someone to pay in to buy your poo poo. You know, the most basic of MLM/pyramid type scams.
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# ? Feb 17, 2022 12:54 |
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Folding Ideas' recent video on NFT's is worth watching in its entirety but it's kind of two hours long. Even still, I 100% would recommend sitting down and watching it because it explains not only NFT's but crypto itself and the inherent problems with both at length. But it has a section on pay-to-earn which is wonderfully expository on just how predatory and disgusting it is. https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=5909s
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# ? Feb 17, 2022 14:39 |
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Those pay2earn games just seem like the same poo poo as Entropia Universe to me, which has been running for 19 years
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# ? Feb 17, 2022 15:00 |
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Last I checked that weird pokemon like cost like 450$ to start playing and if this is the future people want for gaming, lol.
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# ? Feb 17, 2022 15:12 |
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The game is Axie Infinity. And you can actually start 'playing' for free if you find one of those $450 dweebs to sponsor you by loaning you their pokemans (in exchange for half of the money you earn). So the people who spend money don't even play pokemon, they just become a videogame sweatshop operator cracking a whip at an army of third world gamers to get their ranked matches in for the day, then taking a cut of those people's earnings in hopes of paying back their initial investment. Playing as a full time job gets you a bit less than the Filipino minimum wage.
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# ? Feb 18, 2022 00:37 |
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Shot: The virtual real estate boom is turning the metaverse into the Wild West. And it has the true believers on edge. quote:It wouldn’t be until the modern crypto movement began accelerating in the last few years, with the popularization of NFTs and more recently the hype around the metaverse, that the concept of investing in virtual land would go from inexplicable to the next big gaming gold rush. In that context, Somnium is just one of a growing number of metaverse platforms that have been making headlines of late because of the mind-boggling amounts of money pouring in. Others include SoftBank-funded The Sandbox, Decentraland and Cryptovoxels, forming what you could think of as a “Big Four” in the metaverse real estate market. Chaser: Metaverse Real Estate "Boom" Actually Has All The Makings Of A Bubble quote:Whenever you read these breathless media reports of a "boom" or a "gold rush", my advice is to immediately check how many actual people these platforms are attracting in terms of monthly active and/or peak concurrent users. Because on those metrics, this "Big Four" is actually quite small:
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# ? Feb 20, 2022 16:54 |
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Hub Cat posted:Shot: Aren't most of these just straight up money laundering?
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# ? Feb 20, 2022 18:43 |
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MH Knights posted:Aren't most of these just straight up money laundering? Their bigger fool scams too. Why not link all your dirty stuff together?
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# ? Feb 21, 2022 05:52 |
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Coeurl Marx posted:Way back in the thread but what the gently caress. I remember we had one around here when I was young, they sold emu jerky and had their bigass eggs on display. I had no idea it was some crazy fad, I thought it was just the product of a local crazy or something. The last I ever remember hearing about it, some of the Emus had broken out and were continually outsmarting local cops lmao. I'm kind of surprised they arn't trying to bring it back. Emu meat seems like a nice compromise between the high carbon footprint of beef and eating God damned bugs.
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# ? Feb 21, 2022 11:53 |
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Lammasu posted:I'm kind of surprised they arn't trying to bring it back. Emu meat seems like a nice compromise between the high carbon footprint of beef and eating God damned bugs. It’s not easy to cook though. It really won’t ever catch on.
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# ? Feb 21, 2022 22:12 |
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MarcusSA posted:It’s not easy to cook though. It really won’t ever catch on. Is it harder to cook than bugs?
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# ? Feb 21, 2022 22:16 |
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Lammasu posted:Is it harder to cook than bugs? Kinda about the same. I’ve cooked a lot of emu and it’s definitely not a replacement for beef. The beyond stuff tastes a lot better.
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# ? Feb 21, 2022 22:28 |
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Hub Cat posted:Shot: quote:Republic Realm, to its credit, doesn’t seem to really care. “There’s plenty of people that also think bitcoin’s a scam,” CEO Janine Yorio told Motherboard last month. “Meanwhile, the crypto investors are driving around in Lamborghinis and living their best lives.” that's exactly how the scam works, actually.
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# ? Feb 21, 2022 22:42 |
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https://www.forbes.com/sites/seansteinsmith/2022/02/20/crypto-tax-planning-can-help-investors-avoid-unpleasant-surprises/ This Forbes article about upcoming tax regulation on crypto assets in the US pointed out something that I hadn't considered before. Any transfer of a crypto asset that has attached real-world monetary value, even an NFT of a sword that you got as a drop in an Ubisoft game that rotted in your inventory, incurs real-world tax liability. So if some parents buy their kid the newest Ubisoft game and and that kid played the game a ton and earned a lot of in-game items that all have attached real-world monetary value in the Ubisoft Marketplace, the children (or their parents, in certain circumstances) will become legally responsible for reporting them as income to the IRS that year. Also there's no age limit on this, it is purely based on a monetary threshold (It was $1100 in 2021) A) Lol and B) There's no way Ubisoft (or other big publishers) would open themselves up to the legal ramifications of providing tax documentation and advice, which most likely means that they will not allow a real-world value to be attached to their game NFTs, which makes this entire thing just a vastly more complicated and ecologically-irresponsible way of handling in-game inventories. That or it's going to be some system where you get a sword as a drop and a notification pops up offering to sell you an NFT version of that sword for $8.99 or whatever - something where the NFT is not actually attached to or integrated with the actual game in the first place. I don't think any game publisher will actually operate an NFT marketplace for their game inventories for more than one tax year, tops. Imagine having to send the IRS and itemized list of all the drops you got in video games that year e: I can't wait to see all the news stories about crypto bros being arrested for loving up their taxes, lmao deep dish peat moss fucked around with this message at 00:10 on Feb 22, 2022 |
# ? Feb 22, 2022 00:00 |
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Is anyone able to explain how the NFT's themselves are ecologically damaging? My limited understanding is that they are only because they require crypto to mint and because they're run on the blockchain which means there need to be multiple always-on systems that eat electricity. But unlike crypto, which requires a loving Norway amount of electricity running full tilt 24/7 to generate the funny money, the NFT's are just minted and cost the funny money to make, therefore making them second-hand environmental disasters. Is this not actually the case and are they inherently worse than even that?
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# ? Feb 22, 2022 00:35 |
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NFTs are crypto. They don't exist separate from crypto - they are simply the newest way that crypto is trying to build legitimacy for itself and attract bagholders. Minting an NFT is minting crypto - they don't exist separate from that ecosystem, they directly participate and perpetuate it.
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# ? Feb 22, 2022 00:51 |
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Also if you think it's just a one-time environmental cost to create them, you are mistaken. The ethereum/etc networks which they need to exist consume massive amounts of electricity just to continue not collapsing, and the second they stop consuming that electricity your nft no longer works and can't be bought or sold. Even if you buy and hold your monkey jpeg and never ever trade it, you still need the network running full tilt 24/7 just for it to stay online so that you can trade it later.
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# ? Feb 22, 2022 00:54 |
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Dark_Swordmaster posted:Is anyone able to explain how the NFT's themselves are ecologically damaging? Here's a well-researched article about it https://memoakten.medium.com/the-unreasonable-ecological-cost-of-cryptoart-2221d3eb2053 To be fair to NFTs and crypto, some alternate, low-carbon-impact NFT blockchains have been created in the days since this article. There's no data that I've seen on their carbon impact but it's presumptuously lower than this article posits. One thing for example that they do now is they don't actually "mint" them until they are transacted for the first time - which zeroes the carbon impact of NFTs that go forever unsold (unless the creator decides to pay an ethereum gas fee of like $30-100 to mint it when they first create it) quote:A single NFT can involve many transactions. These include minting, bidding, cancelling, sales and transfer of ownership. If we were to break down the footprint by transaction type, we get (details in Part 2): If you apply the same numbers to the total number of NFTs on OpenSea alone (more than 80 million, and it's just one of the major NFT marketplaces) that is 16,000,000 kg (1763 tons) of co2 equivalent energy use that OpenSea has pumped into the atmosphere where it will remain for 300-1000 years. For accurate context, that is only 0.016% of the total emissions of the global financial industry in 2020 which was about 10 billion tons - but it's still an absolute shitload of emissions for goddamn NFTs, from the very, very tiny portion of the population that actually engages with them in any sort of way. The author originally posted it on this site but received so much harassment, cyberstalking and abuse from crypto bros they had to shut the site down: http://cryptoart.wtf/#list=nfts It has links to sources of newer research than what's in the article. Sierra Club put out a good study of carbon emissions of the US financial sector, this problem is not limited to NFTs or Crypto (they just have much higher per-transaction costs), in general banking and financial transactions are one of the single biggest contributors to humanity's CO2 emissions (their entire website about it is here: https://www.carbonbubble.net/) deep dish peat moss fucked around with this message at 01:28 on Feb 22, 2022 |
# ? Feb 22, 2022 01:03 |
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note that when people say the global financial industry is responsible for 10 billion tonnes of emissions that's primarily the emissions of the industries that the finance sector invests in, not the costs of simply running a bank and processing transactions like it is with crypto.
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# ? Feb 22, 2022 01:39 |
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BUY BUY BUY BUY BUY! https://www.thecable.ng/crypto-market-loses-250bn-in-hours-as-russia-attacks-ukraine/ Also, note how those silly crypto coins don't have an intrinsic value and are thus subject to ridiculous market speculation deciding their worth. Whereas your glorious monkey NFT remains a link to a monkey JPG no matter what! Checkmate, doubters!
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# ? Feb 24, 2022 11:13 |
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Earth 2 recently released a video showcasing their amazing proprietary tech! A youtuber said "lol this is easy as gently caress to do" Earth 2 ceo challenged the youtuber to do it in 7 days then. This is the result: https://www.youtube.com/watch?v=Ejv8FatWa3c
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# ? Mar 30, 2022 13:52 |
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organburner posted:Earth 2 recently released a video showcasing their amazing proprietary tech!
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# ? Mar 30, 2022 14:38 |
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Axie was hacked for $600m https://www.theverge.com/2022/3/29/23001620/sky-mavis-axie-infinity-ronin-blockchain-validation-defi-hack-nft
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# ? Mar 30, 2022 15:44 |
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organburner posted:Earth 2 recently released a video showcasing their amazing proprietary tech! This is funny as hell.
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# ? Mar 31, 2022 08:16 |
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# ? Jun 3, 2024 22:40 |
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drat this dude with the Elon Musk quote picture on his wall seems cool as gently caress
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# ? Mar 31, 2022 08:51 |