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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. This was a minor plot point or something in that hilarious B-movie love letter Eight Legged Freaks.
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Jan 20, 2022 15:47
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Grondoth posted:It's just a pyramid scheme, basically. If you get in early you can get rich by selling off the stuff you bought early to people who came late. Actually the real money is in owning the blockchain; the blockchain itself takes a fee for every transaction, so the more action a chain sees, the more money the creators make So it's a scheme by blockchain creators to convince rubes to use their blockchain instead of that other person's, incidental wealth by early adopters is part of the attempt to get people to buy in to the new chains It's scams all the way down lol Edit: this is also why games with blockchain are only ever going to use their own chain and not someone else's, and why they don't just use a database. That would mean they miss out on that sweet fee action NumptyScrub fucked around with this message at 16:27 on Jan 20, 2022 |
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Jan 20, 2022 16:25
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NumptyScrub posted:Actually the real money is in owning the blockchain; the blockchain itself takes a fee for every transaction, so the more action a chain sees, the more money the creators make But even then there's no real point in the blockchain, most games with a market already do transaction fees without any blockchain stuff.
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Jan 20, 2022 17:07
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organburner posted:But even then there's no real point in the blockchain, most games with a market already do transaction fees without any blockchain stuff. But with a regular old market, you can't pretend you're participating in some groundbreaking new technology!
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Jan 20, 2022 17:25
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raditts posted:But with a regular old market, you can't pretend you're participating in some groundbreaking new technology! This is the other big driver behind NFTs. It's the new hot thing that's being talked up, so investors with tons of money to blow hear about it and begin wondering why their investments aren't taking advantage of this radical new technology. All these big companies getting in on the NFT poo poo are almost forced to because their stockholders will begin making angry noises that the company is missing out on potential return on investment, even if said "new" technology is loving stupid garbage.
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Jan 20, 2022 17:45
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https://twitter.com/alexmoss/status/1484138206291443714?t=jxZOBhilVU7zmo3gYgEsqw&s=19 love that Decentraland is just more boring Second Life
Hub Cat fucked around with this message at 17:53 on Jan 20, 2022 |
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Jan 20, 2022 17:50
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no one bought the nft for a dance emote. Or the guy who bought the nft for the only dance emote wasn't present.
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Jan 20, 2022 18:11
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I kind of liked Snow Crash but I swear to God I want to go back in time and strangle Stephenson in his crib for coining metaverse.
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Jan 20, 2022 21:03
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I don't understand how these clowns aren't tremendously embarrassed when you look over at the stuff Epic is doing in Fortnite Like I have no love for any of the people involved but imagine calling yourself the future when your competition is this: https://www.youtube.com/watch?v=iTiBp-ORNEo Hub Cat fucked around with this message at 21:45 on Jan 20, 2022 |
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Jan 20, 2022 21:21
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My take (you can stop holding your breath): People who are excited about NFTs pretty much invariably a) don't know what NFTs actually are or b) are in on the scam Most of the gaming related NFT talk I hear about is poo poo like "you get a sword in Dark Souls 4 but it's an NFT so you can bring it into Breath of the Wild 2!" which is obviously total nonsense (and, if those games decided to support that, it wouldn't require or even be helped by NFTs/blockchain anyway). I think the NFT "interest" surge is mainly driven by two things. A lot of people saw that if you got in early on bitcoin you could be stinking rich for doing more or less nothing, and are feeling crazy FOMO about it. These people include big investors that control the boards of major gaming companies. But also, a lot of the hype is simply artificial. Early adopters are talking it up constantly to find bag holders to increase the value of their investments. The amount of people participating in NFT markets is absolutely miniscule compared to actual cryptocurrency. You wouldn't realize this just by looking at all the news coverage, but that's mostly driven by astroturfing done by people who are good at controlling the conversation in tech adjacent venues.
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Jan 20, 2022 21:50
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The Moon Monster posted:Most of the gaming related NFT talk I hear about is poo poo like "you get a sword in Dark Souls 4 but it's an NFT so you can bring it into Breath of the Wild 2!" which is obviously total nonsense (and, if those games decided to support that, it wouldn't require or even be helped by NFTs/blockchain anyway). The only "useful" application of this idea that I can think of is if, say, Diablo 4 gives you legendary items as NFTs, then I could make my own game that reads those same NFTs and gives you equivalent items in my game (that I spent the time and resources to make, of course) and I don't think Blizzard could stop me in a technical sense. If I made my versions of the items different enough to be legally distinct then they might not even sue me for it.
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Jan 20, 2022 22:51
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Triarii posted:The only "useful" application of this idea that I can think of is if, say, Diablo 4 gives you legendary items as NFTs, then I could make my own game that reads those same NFTs and gives you equivalent items in my game (that I spent the time and resources to make, of course) and I don't think Blizzard could stop me in a technical sense. If I made my versions of the items different enough to be legally distinct then they might not even sue me for it. I think this is only the case if we're in some weird scenario where a) Blizzard makes the items in Diablo 4 NFTs but b) doesn't want you to use those items in non-Blizzard games. In this scenario they can't stop you from doing that because the items are on the blockchain! But this doesn't make sense. If they didn't want interoperability what reason would they have to make them NFTs? Conversely, if they want me to be able to download my [Terrible Post] into Mario vs. Rabbids: Revengeance they could do that without using NFTs. Amiibos are actually pretty similar to a lot of these proposed NFT applications, and in practice 99.9% of their value proposition is "own a cool Waluigi figure".
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Jan 20, 2022 23:02
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Maybe in this contrived scenario, Blizzard does want interoperability, but not with any specific game - they've made the items NFTs as sort of an open-ended invitation to other developers to add support for them, in the hopes that it will make those NFTs more attractive to buyers. Eventually those NFTs could be supported by enough games that they're useful to have even if you never play Diablo 4, or even if Blizzard completely closes down and shuts off their servers. Perhaps they're part of a larger pool of NFTs that are expected to do something in a lot of games, with enough developers seeing this as a trendy thing that they add support for them ("Come play our game, we support all your NFTs!") (I think this is a dumb gimmick that will probably never happen and isn't worth the many downsides including literally destroying the planet, but it does seem like functionality that a blockchain technically "helps" with.)
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Jan 20, 2022 23:49
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The promise of interoperability doesn't just rely on a developer deciding they need to code for the handling of unique out-of-game assets that do not make them any money, but also that they don't instead simply make their own NFTs that do.
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Jan 20, 2022 23:56
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Ghostlight posted:The promise of interoperability doesn't just rely on a developer deciding they need to code for the handling of unique out-of-game assets that do not make them any money, but also that they don't instead simply make their own NFTs that do. Yeah this only makes any sense if they have a plan for their own revenue stream and they're just using the promise of supporting outside NFTs as a lure to get people in the door. Also, the "support" could be incredibly lovely - less "bring the Moonlight Greatsword into Zelda" and more "you get an NFT Hat with colors procedurally determined by your NFT"
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Jan 21, 2022 00:12
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Triarii posted:The only "useful" application of this idea that I can think of is if, say, Diablo 4 gives you legendary items as NFTs, then I could make my own game that reads those same NFTs and gives you equivalent items in my game (that I spent the time and resources to make, of course) and I don't think Blizzard could stop me in a technical sense. If I made my versions of the items different enough to be legally distinct then they might not even sue me for it. You could also just make your game read the player's Diablo 4 save file and give them stuff, no NFTs needed.
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Jan 21, 2022 00:27
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Triarii posted:Maybe in this contrived scenario, Blizzard does want interoperability, but not with any specific game - they've made the items NFTs as sort of an open-ended invitation to other developers to add support for them, in the hopes that it will make those NFTs more attractive to buyers. Eventually those NFTs could be supported by enough games that they're useful to have even if you never play Diablo 4, or even if Blizzard completely closes down and shuts off their servers. Perhaps they're part of a larger pool of NFTs that are expected to do something in a lot of games, with enough developers seeing this as a trendy thing that they add support for them ("Come play our game, we support all your NFTs!") They could also just add a public inventory api, so other games/software could query blizz's servers to see what's in your diablo inventory without needing a blockchain. In fact Bungie already does this with Destiny 2 -- there are third-party websites like Destiny Item Manager use Bungie's api to display your inventory and even move stuff around or equip it. Right at this very moment you could create a lovely web game that gives you +25 to damage if your Destiny character has a matching-element shotgun equipped. But nobody wants to do that.
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Jan 21, 2022 01:09
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In addition to Destiny, Steam has an account level inventory and API. So while it is just a lot of TF2 hats, I imagine there is nothing preventing a developer from using it to have account level items across multiple games.
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Jan 21, 2022 02:32
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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. It wasn’t just the meat but also the Fat which was supposed to be big money. The problem was the cost of the feed to feed the fuckin things and also the fact that no one was actually killing them so there ended up being loads of people with fat birds that no one could do anything with. You had to keep feeding them a lot to keep that fat on them. In the end the fat is worth a poo poo load but the meat is worthless. Chloe Jessica posted:there was an emu field in the woods behind my house when i was a kid, it was pretty surreal Yeah it was still going then. My dad ended up making money off the emu deal but it was a long hosed up road to get there. Emu fat is actually valuable now but there aren’t many people producing it at this point.
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Jan 21, 2022 05:22
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Well now Im curious as hell, whats special about the fat?
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Jan 21, 2022 05:42
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Barudak posted:Well now Im curious as hell, whats special about the fat? It has really really good transdermal properties and it’s been amazing for burns. It’s really good stuff actually.
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Jan 21, 2022 05:50
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MarcusSA posted:It wasn’t just the meat but also the Fat which was supposed to be big money. The problem was the cost of the feed to feed the fuckin things and also the fact that no one was actually killing them so there ended up being loads of people with fat birds that no one could do anything with. I had an emu burger at the county fair once. It wasn't bad. Didn't taste like chicken but wasn't bad.
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Jan 21, 2022 07:33
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Lammasu posted:I had an emu burger at the county fair once. It wasn't bad. Didn't taste like chicken but wasn't bad. Emu is red meat which is kinda unique. It’s also really lean and super easy to over cook. I’ve had enough to last me a lifetime and I’ll never eat it again. I don’t care how healthy it is. It’s really good for pet food though which is what ended up happening with most of it.
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Jan 21, 2022 07:55
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MarcusSA posted:Emu is red meat which is kinda unique. It’s also really lean and super easy to over cook. I'm surprised they aren't pushing it again as some kind of compromise between eating cows and insects.
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Jan 22, 2022 00:14
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So I just saw they are opening an NFT restaurant in New York which sounds like the stupidest God damned thing ever.
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Jan 22, 2022 07:21
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What does an NFT taste like?
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Jan 22, 2022 07:26
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Lammasu posted:So I just saw they are opening an NFT restaurant in New York which sounds like the stupidest God damned thing ever. Must restaurants are doomed to failure within a year, and I have no reason to believe that won't be the case here as well, assuming it ever opens.
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Jan 22, 2022 07:34
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Lammasu posted:So I just saw they are opening an NFT restaurant in New York which sounds like the stupidest God damned thing ever. It, like every other nft thing, is just a regular thing with dumb buzzwords attached. In this case it’s just a fancy dinner club for rich people, but with the latest stupid acronym attached
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Jan 22, 2022 07:54
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You have to have an NFT to get into the restaurant, but they only accept regular currency for some reason.
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Jan 22, 2022 15:15
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ultrafilter posted:You have to have an NFT to get into the restaurant, but they only accept regular currency for some reason. Uh, weird.
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Jan 22, 2022 15:18
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ultrafilter posted:You have to have an NFT to get into the restaurant, but they only accept regular currency for some reason. BUH MUH FUTURE CURRENCY
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Jan 22, 2022 21:48
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https://www.youtube.com/watch?v=UKzup7XDyq8 this guy posted on linked in and then went on a rant on youtube instead of answering comments.
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Jan 25, 2022 01:42
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lol Crypto reinventing capitalism speedrun chugs on https://twitter.com/NFTethics/status/1486077323317235715?s=20
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Jan 26, 2022 20:17
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some kind of Crypto and Exchange Supervisors (CES)
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Jan 26, 2022 21:17
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I guess I'll post the softball interview one of the Ubisoft VPs did complaining about people not wanting their poo poo Ubisoft responds to angry NFT Digits and Quartz reaction – Interview Finder posted:Gamer feedback to the Ubisoft Quartz and Digits launch has been generally negative. What has the feedback told you about the prospects of mainstream NFT success? Hub Cat fucked around with this message at 02:48 on Jan 28, 2022 |
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Jan 28, 2022 02:45
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You can already sell your old cosmetics on the Steam market without bringing crypto poo poo into it and a lot of the time it's not even worth it because they are worth 1 cent each.
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Jan 28, 2022 03:26
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"You can sell games when you're done with them" sure is a bold statement to explain why this new thing is nessicary.
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Jan 28, 2022 04:08
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Grondoth posted:"You can sell games when you're done with them" sure is a bold statement to explain why this new thing is nessicary. No, no, you can't sell the game. You can sell items from in those games for real money via a competitive bidding process. A real money auction house, if you will. With ~~blockchain~~
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Jan 28, 2022 04:19
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TOOT BOOT posted:You can already sell your old cosmetics on the Steam market without bringing crypto poo poo into it and a lot of the time it's not even worth it because they are worth 1 cent each. Yeah the Steam marketplace has had the exact features this moron is crowing about for cosmetic items for a decade and it's basically not even worth the effort of engaging with most of the time because only brand new or nearly unobtainable items go for more than like 20 cents. You don't need blockchain poo poo to do this. As for actual in-game items, the catastrophic failure of the D3 RMAH shows exactly what happens when you let people sell in-game non-cosmetics for real dollars. Grondoth posted:"You can sell games when you're done with them" sure is a bold statement to explain why this new thing is nessicary. lol, he's not even talking about selling the games when you're done with them, he's talking about selling the items when you're done with the game. Companies don't like the idea that players might own the game they're playing because they've been at war with the used games market for 20 years now(and the ascendancy of digital basically means they've won).
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Jan 28, 2022 04:20
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But the endgame is clearly not for players to sell their items. It's for players to buy items.
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Jan 28, 2022 05:03
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