What is nft ?
Godâs way of telling you that you have too much money.
What exactly would they use NFTs for?
Unique transmog items? Unigue mounts?
and how could they not do those within the current game? They have TCG items in game which are basically the same thing as NFT.
Ok but why ?
i Think i am to Old to understand. Just like i dont understand What The metaverse is.
Pff article fails to mention in the artist section that people are also stealing art/IP from other people and selling them as NFTs without permission.
I find it utterly pointless myself and avoid it all like the plague.
and here we begin?
assuming that other game can;
- Receive the pet
- Convert the pet to its own code
- Display the pet as a wow pet
NFT at the end of the day is a financial hot potato where you donât want to be the last person to buy it. Even if thatâs not what it is at itâs core, itâs what the online communities that plunged into it made it about
At this point in my eyes anyone trying to peddle it is one of those unlucky bastards at the bottom of the financial hot potato pyramid.
In general there are also online platforms specifically made about the use of NFTâs, maybe this discussion is better suited on those platforms?
interoperability
" https://www.marvel.com/articles/gear/first-ever-marvel-digital-comic-collectibles-nft-veve "
Pyramid?
Yes?
Being the last guy with the proverbial financial hot potato is basically not much different from being the bottom of a pyramid scheme
I donât know how Marvel getting into it is supposed to prove it isnât one but incase you havnât noticed most of these companies are making NFTâs to make a quick buck on selling them
Even the major companies see it as nothing less then a financial hot potato except they have no costs in acquiring them cause they can just print their IPâs on it
true.
NFTs are basically like pottery collections. For a few years Royal Doulton or Moorcroft jugs or plates are worth $250 each. Then tastes change and you can pick up a whole tea set for ten quid at a car boot sale.
No, they arenât.
To think this is to fundamentally misunderstand NFTâs.
Pottery is a physical object and can be rare because only a certain amount exist. It can be desirable because its old or high quality (even if tastes change).
An NFT is artificially trying to create scarcity. Itâs trying to make you believe that something that is infinitely copy-able has value because its the âoriginalâ Even though you can produce an infinite number of exact copies.
The crazy prices on NFT pictures is due to money laundering and tax evasion schemes. Convince me otherwise.
Thereâs different approaches to business. While I am certain that publishers like Ubisoft and EA will jump on the NFT bandwagon as soon as they have a concept that will milk the whales dry for quick profits, I am not so sure about Valve.
Valve seems to play the long game by keeping stable income via community goodwill rather than accept the risk NFTs bring with an increase in âwhale bucksâ at the moment.
Also due to artificially raising up the price by selling the NFT within a group, so that no money is actually lost for the creators of the NFT. Theyâll always find someone gullible who will look at how quickly the value went up on the blockchain and think to themselves how valuable it must be because of it, and of course buy it.
âNFTâ?..âCryptoâ?..âSnake Oilâ would be more accurate.
You said that so much that now I want a baked potato.
Curse you.
Best I can do is a frozen, raw potato.
It is fresh, however.
Valve were among the first to do it. See TF2 Hats and Steam collectable cards. Sure, they are technically not NFTâs but they serve the same function without being on the blockchain.