4 ms·

Second Life did this 3D virtual world stuff almost 20 years ago, and even managed to use real money with an exchange rate as well to do exactly the things you'r

Second Life did this 3D virtual world stuff almost 20 years ago, and even managed to use real money with an exchange rate as well to do exactly the things you're saying are now new with crypto and blockchains. Also for your other points - the games in this space are universally unfun to play with hardly anyone actually playing them; I can pay normal money to commission artwork; and I can use a zillion platforms that already exist to raise money.

chrisco255 5y ago
They did, but they were an insular community as a result. NFTs allow for a common open standard to be interoperable between games. That helps create an economy where, for example, you can buy a digital artwork at a Christie's auction and display it in Decentraland and have it be verifiably authentic. Second Life was awesome! This Metaverse trend is pushing that concept much, much further and it's giving ownership and utility to the makers.
- lreeves 5y ago
  I don't think any of that matters at all to people who enjoy the games or virtual worlds. I understand your point, I just disagree that it will matter in any way. >you can buy a digital artwork at a Christie's auction and display it in Decentraland and have it be verifiably authentic I can't imagine anyone would give a shit about someone's virtual art being "authentic" for whatever meaning of authentic NFTs pretend to claim. This is basically receipt porn at this point. Truly we're talking about bragging about wealth, one of the shittiest traits a person can have.
- throwaway3699 5y ago
  Look to the Steam Community Market & Trading if you want an example of a cross-game economy.
  - chrisco255 5y ago
    And how does it interoperate with the virtual artwork NFT ecosystem that is burgeoning right now? Can I use a song I purchased on Audius to play in my virtual pad on Decentraland while showing off some art work that I purchased on OpenSea?
    - throwaway3699 5y ago
      No, but unlike NFTs, it's actually worth something.
- doom 5y ago
  There is no reason whatsoever for Activision to join forces with Epic and let your Call of Duty gun skins cross over to Fortnite. Even if they do, both titans will never in a million years allow an indie shooter to be cross-compatible. It'd be free advertising for the smaller game. From a competitive standpoint, why would I want Activision's digital locks (you can only import NFT'd content) instead of something like Second Life which is more open? If Activision really wanted purchases to carry over, they could've made it happen. No NFT needed. An open standard does not imply NFT, and vice versa. The 360 era was probably the peak of the 'gaming interoperability' trend, and it went almost nowhere. Your Xbox gamer picture would show up in some games. Everyone knew it was authentic because MS uses cryptography and doesn't let you sideload third party images. No NFT needed. Same reason my company doesn't like me displaying awards from my last company. The obstacle is entirely social rather than technical.

chrisco255 5y ago

They did, but they were an insular community as a result. NFTs allow for a common open standard to be interoperable between games. That helps create an economy where, for example, you can buy a digital artwork at a Christie's auction and display it in Decentraland and have it be verifiably authentic. Second Life was awesome! This Metaverse trend is pushing that concept much, much further and it's giving ownership and utility to the makers.

lreeves 5y ago
I don't think any of that matters at all to people who enjoy the games or virtual worlds. I understand your point, I just disagree that it will matter in any way. >you can buy a digital artwork at a Christie's auction and display it in Decentraland and have it be verifiably authentic I can't imagine anyone would give a shit about someone's virtual art being "authentic" for whatever meaning of authentic NFTs pretend to claim. This is basically receipt porn at this point. Truly we're talking about bragging about wealth, one of the shittiest traits a person can have.
throwaway3699 5y ago
Look to the Steam Community Market & Trading if you want an example of a cross-game economy.
- chrisco255 5y ago
  And how does it interoperate with the virtual artwork NFT ecosystem that is burgeoning right now? Can I use a song I purchased on Audius to play in my virtual pad on Decentraland while showing off some art work that I purchased on OpenSea?
  - throwaway3699 5y ago
    No, but unlike NFTs, it's actually worth something.
doom 5y ago
There is no reason whatsoever for Activision to join forces with Epic and let your Call of Duty gun skins cross over to Fortnite. Even if they do, both titans will never in a million years allow an indie shooter to be cross-compatible. It'd be free advertising for the smaller game. From a competitive standpoint, why would I want Activision's digital locks (you can only import NFT'd content) instead of something like Second Life which is more open? If Activision really wanted purchases to carry over, they could've made it happen. No NFT needed. An open standard does not imply NFT, and vice versa. The 360 era was probably the peak of the 'gaming interoperability' trend, and it went almost nowhere. Your Xbox gamer picture would show up in some games. Everyone knew it was authentic because MS uses cryptography and doesn't let you sideload third party images. No NFT needed. Same reason my company doesn't like me displaying awards from my last company. The obstacle is entirely social rather than technical.