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Honestly, all these cryptos have to do is bake themselves into in-game currency for any video game. Fortnite crypto could be a multi billion dollar market. I w

Honestly, all these cryptos have to do is bake themselves into in-game currency for any video game. Fortnite crypto could be a multi billion dollar market. I would love to just buy an army in Starcraft, pillage your base and take your crypto, then sell it on Coinbase. If we are truly to live in a job-less world with basic income, I’m gonna need shit to do.

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throwaway6734 5y ago
Sounds like you want to play Eve Online
indigochill 5y ago
There are games that are thinking in this direction or are already implemented this way. For example: https://www.kotaku.com.au/2021/05/how-a-philippines-community-turned-to-an-nft-game-during-covid-19/ https://www.kotaku.com.au/2021/05/how-a-philippines-communit... But it's financially just like poker. Even at best, value isn't being generated, it's just being funneled from suckers to sharks (and the house).
edent 5y ago
Why does that require crypto though? Why not Euros, Dollars, Pounds? Or even XBox Live Points?
thinkmassive 5y ago
Or skip the middleman and awards BTC directly. This is what Zebedee has done with Infuse: https://zebedee.io/infuse https://zebedee.io/infuse They had an esports arena at the Bitcoin Conference in Miami last week. It was a lot of fun, and a successful proof of concept. I think we’ll start seeing a lot more events like this, and also see it expanded to other mainstream games in addition to CS:GO.
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egypturnash 5y ago
“Pay-to-win” is generally not considered to be a recipe for fun games, as far as I know. Having a sudden flood of rich assholes coming in and crushing people because all the best guns are a trivial real-money purchase for them sounds like a good way to kill a game.
- sintaxi 5y ago
  People value cosmetics and will pay through the teeth to have the only gun that shoots blue fireballs instead of orange - especially if said gun was introduced to the public through a partnership with Ninja or PewDiePie.
  - egypturnash 5y ago
    Oh yeah, I know. The person I was responding to was talking about "buying an army" to smash other people's bases, though.
intuitionist 5y ago
Why would Epic want to build Fortnite dollars as a slow distributed ledger instead of keeping it centralized? And why would they want to let you redeem for dollars?
- sintaxi 5y ago
  There is no reason the purchase of a purple bazooka in a video game needs to be confirmed by thousands of nodes so someone like Epic would keep the crypto centralized and therefore fast. They wouldn't need to "let you redeem the bazooka for dollars" since there will be people who want the bazooka and would be willing to purchase it from you. Epic would then have the power to mint new bazooka's in order to raise funds for their development. The issue at hand is how does Epic do any of this without going to jail for breaking securities regulations.
  - arcticbull 5y ago
    Centralized crypto is functionally identical to a MySQL store. re: SEC scrutiny, have you met Robux?

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throwaway6734 5y ago

Sounds like you want to play Eve Online

indigochill 5y ago

There are games that are thinking in this direction or are already implemented this way. For example: https://www.kotaku.com.au/2021/05/how-a-philippines-community-turned-to-an-nft-game-during-covid-19/ https://www.kotaku.com.au/2021/05/how-a-philippines-communit... But it's financially just like poker. Even at best, value isn't being generated, it's just being funneled from suckers to sharks (and the house).

edent 5y ago

Why does that require crypto though? Why not Euros, Dollars, Pounds? Or even XBox Live Points?

thinkmassive 5y ago

Or skip the middleman and awards BTC directly. This is what Zebedee has done with Infuse: https://zebedee.io/infuse https://zebedee.io/infuse They had an esports arena at the Bitcoin Conference in Miami last week. It was a lot of fun, and a successful proof of concept. I think we’ll start seeing a lot more events like this, and also see it expanded to other mainstream games in addition to CS:GO.

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egypturnash 5y ago

“Pay-to-win” is generally not considered to be a recipe for fun games, as far as I know. Having a sudden flood of rich assholes coming in and crushing people because all the best guns are a trivial real-money purchase for them sounds like a good way to kill a game.

sintaxi 5y ago
People value cosmetics and will pay through the teeth to have the only gun that shoots blue fireballs instead of orange - especially if said gun was introduced to the public through a partnership with Ninja or PewDiePie.
- egypturnash 5y ago
  Oh yeah, I know. The person I was responding to was talking about "buying an army" to smash other people's bases, though.

intuitionist 5y ago

Why would Epic want to build Fortnite dollars as a slow distributed ledger instead of keeping it centralized? And why would they want to let you redeem for dollars?

sintaxi 5y ago
There is no reason the purchase of a purple bazooka in a video game needs to be confirmed by thousands of nodes so someone like Epic would keep the crypto centralized and therefore fast. They wouldn't need to "let you redeem the bazooka for dollars" since there will be people who want the bazooka and would be willing to purchase it from you. Epic would then have the power to mint new bazooka's in order to raise funds for their development. The issue at hand is how does Epic do any of this without going to jail for breaking securities regulations.
- arcticbull 5y ago
  Centralized crypto is functionally identical to a MySQL store. re: SEC scrutiny, have you met Robux?