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I have an nft - an ens domain name. Just because people have associated NFTs with the art / collectibles world (which lots of people don't get the value of eve
by kybernetikos 5y ago
I have an nft - an ens domain name. Just because people have associated NFTs with the art / collectibles world (which lots of people don't get the value of even in the real world) doesn't mean those are the only use cases.
And I would say that the idea of skins portable between games being controlled by an NFT is absolutely technically possible, it's actually the business side that isn't probable - why would a company spend a bunch of money to make those skins work in their game if they aren't getting paid for it? It's possible to imagine incentive structures that could make it happen, but the reason we don't have it at the moment isn't because NFTs haven't been around, it's because those incentive structures don't exist, or don't exist to the right extent.
- egeozcan 5y ago> the idea of skins portable between games being controlled by an NFT is absolutely technically possible, it's actually the business side that isn't probable If the business side was probable, why would you need NFTs to implement that?
- kybernetikos 5y agoYou certainly wouldn't need them, but there are benefits to secondary liquidity, compared to running some custom trading server - way more people will have ethereum wallets than an account on your server, the ethereum network will allow them to trade even if the amazon availability zone your server is on goes down, your NFTs can be included in baskets and traded transactionally with all kinds of other assets or listed on distributed exchanges without you having to build any of that stuff.
- egeozcan 5y agoWhat if I'm using a different coin? Who corrects if there is a wrong transaction?
- kybernetikos 5y agoThese are all the same questions you'd have to answer if you'd built the marketplace yourself, except the answers are even harder, and there's nobody there to care when you solve them. And if you're on ethereum, you probably can use a 'different' coin easily, because it'll be wrapped or more likely implemented as a token, and you didn't have to do anything to get the benefit of that aspect of the ethereum ecosystem. Correcting/fixing wrong transactions is a fun one, but it's not impossible depending on how you set up your smart contract.
- egeozcan 5y agoSo, after all, it's just an implementation detail with its own set of challenges.
- kybernetikos 5y agoOf course! I wish more people would realise this.
- Gigachad 5y agoThe whole idea of selling skins sucks. I wish we could go back to what minecraft did where you just uploaded whatever texture map you wanted for free. NFT promoters push all of this stuff about what you could do in the future with NFTs and it always looks like some dystopian hell where we take something that was free and charge money for it.
- alkonaut 5y ago> I have an nft - an ens domain name. Totally not a pyramid scheme. > it's actually the business side that isn't probable Oh absolutely. But once you have that, there is literally no one who knows why you'd need the NFT bits. There are people who think that NFTs will magically make NFTs of player hats portable between one game and another, because something something blockchains. The fact that IF someone made such an interop then NFTs wouldn't be necessary, or that the "ownership" of items would STILL be exactly as shaky and fungible as it would be without NFTs is handwaved. Because something blockchains. > [...] the reason we don't have it at the moment isn't because NFTs haven't been around, it's because those incentive structures don't exist, or don't exist to the right extent. Exactly right, or if I can paraphrase somewhat ironically "We haven't yet found the right problem for our solution".
- mattwilsonn888 5y agoYou shouldn't use the term hand waiving so often, it might make you believe you aren't guilty of it.
- cuteboy19 5y agoThe thing that is "portable" would be something like "weapon_hkp2000:dragon_lore#2331". Strings are trivially portable. But sharing this across applications does nothing
- 2pEXgD0fZ5cF 5y agoThe amount of coordination, legal and technical agreements that would need to be established between game companies in order for the game example to work would already make NFTs basically 100% useless for that exact scenario.