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> we JUST finished having every company try to pivot to blockchain and NFT I really don't think there are many existing companies that "pivoted" to blockchain

> we JUST finished having every company try to pivot to blockchain and NFT I really don't think there are many existing companies that "pivoted" to blockchain and NFT. Certainly not a majority.

soneca 3y ago
In case of NFT, I would round the number of companies that tried to pivot to it to zero. Blockchain there were a lot of hiring and experiments for sure. Actually to try to pivot a company to it after these experiments, very little.
palata 3y ago
"tried to pivot", that's very different. Maybe it should read "announcing that they would try to pivot", but you get the idea. I have seen many companies announce that they would look into blockchain and NFT. Which is exactly what Dropbox is saying now for AI.
- Spivak 3y ago
  Which shouldn't surprise anyone in an economic environment where the money fountain dried up. Every company is desperately chasing new revenue sources over growing their existing ones right now.
- ilyt 3y ago
  "Dipped their feet" might've been better description.
  - coldtea 3y ago
    "Made some BS PR headlines, while not even having a clue how to do anything with those things, and surely not anything worth their customer's while" is an ever better description.
nytesky 3y ago
Well Meta tried to make its own crypto currency on the block chain. https://en.wikipedia.org/wiki/Diem_(digital_currency) https://en.wikipedia.org/wiki/Diem_(digital_currency)
- kokanee 3y ago
  And they pivoted from that to instagram NFTs, which also failed. https://about.fb.com/news/2022/05/introducing-digital-collectibles-to-showcase-nfts-instagram/ https://about.fb.com/news/2022/05/introducing-digital-collec...
jonny_eh 3y ago
I believe all of these are either dead or almost dead: https://www.washingtonpost.com/video-games/2023/01/04/square-enix-nfts/ https://www.washingtonpost.com/video-games/2023/01/04/square... https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox https://vanguard-x.com/blockchain/nfts-are-coming-to-youtube/ https://vanguard-x.com/blockchain/nfts-are-coming-to-youtube...

> we JUST finished having every company try to pivot to blockchain and NFT I really don't think there are many existing companies that "pivoted" to blockchain and NFT. Certainly not a majority.

soneca 3y ago

In case of NFT, I would round the number of companies that tried to pivot to it to zero. Blockchain there were a lot of hiring and experiments for sure. Actually to try to pivot a company to it after these experiments, very little.

palata 3y ago

"tried to pivot", that's very different. Maybe it should read "announcing that they would try to pivot", but you get the idea. I have seen many companies announce that they would look into blockchain and NFT. Which is exactly what Dropbox is saying now for AI.

Spivak 3y ago
Which shouldn't surprise anyone in an economic environment where the money fountain dried up. Every company is desperately chasing new revenue sources over growing their existing ones right now.
ilyt 3y ago
"Dipped their feet" might've been better description.
- coldtea 3y ago
  "Made some BS PR headlines, while not even having a clue how to do anything with those things, and surely not anything worth their customer's while" is an ever better description.

nytesky 3y ago

Well Meta tried to make its own crypto currency on the block chain. https://en.wikipedia.org/wiki/Diem_(digital_currency) https://en.wikipedia.org/wiki/Diem_(digital_currency)

kokanee 3y ago
And they pivoted from that to instagram NFTs, which also failed. https://about.fb.com/news/2022/05/introducing-digital-collectibles-to-showcase-nfts-instagram/ https://about.fb.com/news/2022/05/introducing-digital-collec...

jonny_eh 3y ago

I believe all of these are either dead or almost dead: https://www.washingtonpost.com/video-games/2023/01/04/square-enix-nfts/ https://www.washingtonpost.com/video-games/2023/01/04/square... https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox https://vanguard-x.com/blockchain/nfts-are-coming-to-youtube/ https://vanguard-x.com/blockchain/nfts-are-coming-to-youtube...