This is what I mean when I say I hate Silicon Valley. Techbros are gentrifying the concept of internet anonymity and turning it into a wealth based status symbol. I hate these people.
Beanie babies, Star Wars action figures, authentic film props, paintings by old dead white guys. Same concept. These things only have (or used to have) value because we're told they do, or people give them some value.
Not really, usually the value of something depends on many factors such as quantity, availability, demand, etc. So if you have something in high demand, for whatever reason, but in low quantity, the price sky rockets, but if you have something in low demand and high quantity, well you get the point. Even if we stopped trading in gold and stop giving it the luxury treatment, there are components that do need the gold in order to function properly, so the demand would be low but due to the low availability of gold compared to other metals, the price would still be a bit expensive in comparison.
Most countries dealing with any type of digital commerce, heck even just having access to Paypal, already covered this issue. In most countries they recognise the trade of goods in a digital platform as a contract that has to be upheld by both parties, the contract can be a simple agreement or something more official, but the point is, they do consider the digital goods as a product or service that holds some sort of value, this is where every country varies a bit and decide to argue how that value is calculated but in general they legally recognise that a transaction took place where one individual exchange something for something else, so the moment you pay for the NFT and the tard that sold that shit to you made it very clear what you were going to get from it, you MUST get that exact shit, but if you are even dumber than the tard and not understood exactly what you were paying for, then the court will laugh at your stupid face and dismiss the case. This last part is exactly why many scammers are pushing the NFTs so hard, because it's super easy to get away with it because they are literally selling something worthless that most people don't even understand what it even means.
Those ponies ain't even cute, what's the point
Let me make a summary between videogames and NFTs as of late.
Consoomerism is an emotional crutch for people who are socially and culturally diseased. No normal person thinks those will ever be worth anything, as evidenced by millions of sensible moms throwing out their sons comic book collections.
we could just start up a Kiwi NFT I mean stonetoss did it
My understanding of the situation is that in order to add Pinhead to the game, this is something that Behaviour had to agree to do. It's not Behaviour themselves, it's another company called Boss Protocol (that is in of itself pretty sketchy) that has the NFT rights to Pinhead or something. A lot of it is conjecture, Behaviour has been extremely tight lipped about Pinhead and other legal things because Netflix pulled their Stranger Things license recently.
That is fucking amazing and perfectly in line with all the stupid horror movie IP slapfights that have happened over the years.
Imagine using videogames, a medium meant for entertainment, as a job.
Ya ever hear about blockchain horse racing? There are a ton of blockchain games that scalpers cook to make dumb amounts of Ethereum and Solana.
I'm really curious as to what these game companies see in the NFT concept because I can't make sense of how they'd improve (from either their perspective or gamers') their games with it. They could release NFTs of artwork of their characters or something, sure, but that's not really integrating with games themselves. They could use them to represent in-game items for their games, but why would they need NFTs and blockchain tech for that? They run the game's servers, so they already have databases in place for that stuff, and an entirely internal database is both faster and more controllable than blockchains. If it's about allowing users to trade items amongst themselves. that's also something easily done with their own databases, and that will also help make sure they can get a cut of each sale, over and over again… (Possible with NFTs too but still easier and faster with a normal database.)
Personally it just confirms my conspiracy theory that media companies personally hate us and want to suck our blood in the most inhumane ways physically possible as some sort of humiliation ritual.
with crypto you can at least do some fun stuff like buy drugs on silk road
