NFTs

Out of context: Reply #34

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  • shapesalad0

    https://decrypt.co/59463/crypto-…

    "Crypto Art on Sale at Christie's Hits $1 Million Within 10 Minutes

    Bidding for a piece of digital art at auction house Christie's reached $1 million within just a few minutes of going on sale."

    • HYPE is officially set to 'on', adjust your scanners, tune your radar, it's time to dial in ...shapesalad
    • in a now deleted tweet Michael Burry cited NFTs as a bubble indicator https://i.redd.it/sj…jonny_quest_lives
    • i think the NFT art market maybe an indicator but I can see the utility of using them to transfer in game assets to another but game developers would needjonny_quest_lives
    • to come up with a universal perk/trait set to make them more useful in newer games rather then just pure cosmetic enhancements.jonny_quest_lives
    • so you need a blockchain to transfer some file sources from one game to another? smh

      why not invent an interchangeable file format between games, duh
      grafician
    • also what would Banksy think about this shit LOLgrafician
    • @grafician my use case example was about the only utility i could come up with as it would remove the burden of verifying the ownership of the in game asset butjonny_quest_lives
    • yes to your point game developers would have to create a universal perk set/code that was interchangable between games that they could all agree uponjonny_quest_lives
    • and if your at that point why bother with the blockchain just create a standard and update the standards but dropping support at any given moment for a gamejonny_quest_lives
    • is something game publishers like to do as it can save them costs and having a legacy interchangeable file format between games to support indefinitelyjonny_quest_lives
    • affects the bottom line so yeah never mind to many hurdles/ agreements publishers would have to make with each other...jonny_quest_lives
    • better to release the game encapsulated so to speak and if you need to drop it due to poor sales they (publishers) are not on the hook for supporting legacyjonny_quest_lives
    • in game assets... and be liable if said asset creates an unpredictable behavior in a new game. I get it. pubs are risk averse. like myselfjonny_quest_lives
    • but it's fun thought exercise to actually see if this NFT stuff is viable... I saw on Hydro74's insta he did a release of art and it sold so kudos to himjonny_quest_lives

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