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That's one of the things I don't quite understand with all this: For a crypto thing to be worth X$ someone else has to be willing to spend X$ to buy it from you, otherwise it's an empty valuation. So when I start playing crypto wow and get my first drop who is going to pay me 5$ for this green rat fang on a stick?
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Jan 19, 2022 09:57
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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. Jesus Christ you can't just go around calling crypto a pyramid scheme! It's a ponzi scheme!
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Jan 20, 2022 08:41
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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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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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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 |
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Feb 17, 2022 10:16
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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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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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kirbysuperstar posted:drat this dude with the Elon Musk quote picture on his wall seems cool as gently caress Yeah for some reason all these people doing coverage of NFT things have some... Questionable tastes and choices in other matters.
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Mar 31, 2022 11:45
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Yeah afaik most of these people aren't actually people who play games or care about games. At least that's the way it seems, I've yet to see an NFT game that could stand on its own, they all seem to live and die on the NFT hype.
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Jun 7, 2022 08:51
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Wait aren't assassins creed games single player? You're buying an NFT for a single player game? Like at least if you buy a CS knife you can kind of show it off so even if I think that's dumb this is even more dumberer.
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Sep 11, 2022 19:46
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King of Solomon posted:The extra confusing thing is Ubisoft already tried NFTs and it loving bombed. Why in the world do they expect this to do any better? I hope it's just a cowl with a tiny serial number again.
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Sep 11, 2022 19:56
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