Keep NFT out of FF14

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Originally Posted by StouterTaru

That's not how NFTs work. A link to the item and history of ownership exists on the blockchain, not the item itself.

You would have proof that you own the digital item linked at:
<www.ffxiv.nft/I_bought_an_NFT_and_all_I_got_was_this_stupid_T-shirt>

If the web host went down, your NFT is gone. If the web host changes the link, your NFT changes.

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This is only true for some NFT's. There are some NFT's that exist on the web server with authentication on the blockchain as you say. This is done because of the space on the blockchain that is taken up. However, this is not the case for all NFT's and varies on the chain the NFT was created on.

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Originally Posted by forsakee

Nah buying stuff on mogstation is a waste of money but I can at least understand it. The thing with NFT's that is so dangerous is people getting fooled into the fantasy that they are going to make tons of money and this pointless NFT is going to be worth more in the future. Also majority of the big companies getting into the NFT space are actually selling you nothing ( you won't own the rights )

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The only thing dangerous about NFT's is the fact that people really have no understanding of them. You don't need to own the right to something to sell it and make a profit and if you think that you are somehow going to be rich using them then that is on you. NFT's are just digital containers. If you made all outfits in the mogstation an NFT nothing would change in the game.

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Originally Posted by Mysticp

The only thing dangerous about NFT's is the fact that people really have no understanding of them. You don't need to own the right to something to sell it and make a profit and if you think that you are somehow going to be rich using them then that is on you. NFT's are just digital containers. If you made all outfits in the mogstation an NFT nothing would change in the game.

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If nothing changes, its completely pointless.

But its not true though, you want NFT's attached to them, because there will then be a limit to how many of them are available. Thus allowing you to resell them and make money.

Its clear that's what you want to have happen. Thus, yes attaching an NFT to an item would indeed change the game. Rendering your previous assertion false.

Additionally, if they don't set a maximum number available and assign an NFT for every purchase. Whats the point? Because nobody would buy your NFT item when the store will have a set price to begin with. Again rendering the point of wasting space and resources on making it an NFT in the first place.

The only benefit having it as an NFT at that point. Would be to sell the item at a loss because you no longer want it. That's it

The thing I hate the most about NFTs is that they're pretty much making something that's easily made infinitely available into a limited supply product that a lot of people want just to increase the price forcing people to spend more money to get it.
It's completely unnecessary, add no value to the game and they make people have to spend more money for things they want.

The problem is that there are way less people who'd spend on NFTs but those less people are going to spend a LOT more to the point where companies are going to earn a lot more as well.
Now if companies would make NFT cashcows just to fund themselves making actual good games then i'd have no problem with it. Just keep them out of the games themselves.

I'm fine with NFTs existing. I just don't want to see them in games.

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Originally Posted by Ranaku

And to add the reason WHY people are against it.

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Adding to this, NFT's are also hideously unsustainable and there is no workaround for that.


HOW
When you buy an NFT of, say, a shirt, you’re not actually buying the shirt.
You're buying a unique token that acts as a certificate saying you own the shirt, and the certificate is locked away on an immutable distributed database known as a blockchain.
The blockchain is basically a digital ledger contains a record of all transactions, arranged in sequential "blocks." To keep financial records secure, all users have a copy of this ledger to prevent anyone from falsifying records. Then, the system forces users computers to solve complex puzzles. Solving the puzzles is time and energy intensive, but lets users add a new “block” of verified transactions to everyone's copy of this ledger. The user then gets new tokens or transaction fees as a reward. The process is incredibly energy inefficient on purpose.


EFFECT
We can only estimate what the carbon footprint looks like, as the process is so decentralized, and concern over NFT's are still new enough that reputable 3rd parties have yet to publish any exhaustive studies on them, but early studies indicate that a single transaction of an NFT can have a carbon footprint starting at the equivalent to between 1 month’s worth of electricity for a person living in the EU.


CONTEXT
To try and put some FF14 context to this...
During the EndWalker media tour, Yoshi said the player base hit 24 million people. If SQEX sold an NFT picture of Y'shtola and 1% of players bought it... that's 240,000 transactions (minimum, this is a digital good designed to be resold) consuming so much electricity it would take over 657 years for 1 person living in the EU to match Y'shtola's carbon footprint... from 1 photo that only 1% of players bought, and assuming that every transaction takes minimum amount of energy NFT's have been estimated to consume.


Anything that uses the blockchain is hideously unsustainable and should be nipped in the bud as early as possible.

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Originally Posted by Mysticp

you made all outfits in the mogstation an NFT nothing would change in the game.

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then why bother adding nfts in at all? sounds like theyre just a waste of energy for no benefit....

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Originally Posted by Mysticp

The only thing dangerous about NFT's is the fact that people really have no understanding of them. You don't need to own the right to something to sell it and make a profit and if you think that you are somehow going to be rich using them then that is on you. NFT's are just digital containers. If you made all outfits in the mogstation an NFT nothing would change in the game.

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The moment you have more ways to monetize in games that means gameplay systems have to be created around it. Remember when lootboxes and other microtransactions just made their way into games. And people were like: This will just be on the side. If you don't like it you don't have to engage with it.
Yup that didn't turn sour quick.

The moment there is more money to be made with a scheme the integrity of game design flies out the window in order to make players interact more with the new "feature". This deducts valuable resources and time the developer would usually have for the other aspects of game creation.

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Originally Posted by Ranaku

NFT is a pic (for example a pic of yshtola) with an attachment

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Just to add a slight adjustment here, this is not entirely true. A picture CAN be an NFT, but that is not solely what an NFT is. An alternative example would be say a mogstation glam can be an NFT if it was reuseable and resellable.

Too many people are of the belief that an NFT is purely pictures, which is incorrect.

After reading what NFT actually are. I sincerely hope Square Enix keeps this out of FFXIV. Creating Items etc. does sound tempting BUT thats the job of the dev team, not ours.

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Originally Posted by Havenchild

Just to add a slight adjustment here, this is not entirely true. A picture CAN be an NFT, but that is not solely what an NFT is. An alternative example would be say a mogstation glam can be an NFT if it was reuseable and resellable.

Too many people are of the belief that an NFT is purely pictures, which is incorrect.

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While that might be true it boils down to the same, or not? I mean game models are also just a picture in the end but i know what you mean, better to spell it out that way.

Not to forget that you don't own the copyright and obviously not the code etc. which utilizes these models, the game. So at the end what you "own" is a picture no matter from which direction you look at it.