The First SE NFT.

trash fire decisions from a trash fire company.

This has been done by Nintendo with the Amiibos for ages.

When she will be turn into a NFT?https://cdn.discordapp.com/attachmen...78/unknown.png

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Originally Posted by Rhea_

So what does this mean?

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Nothing, you either buy it or you dont. Nfts aren't really for the Western demographic anyway, folks hate em here, but they still doing well in Japan and Korea which is likely where SE is primarily aiming for.

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Originally Posted by Theodric

What's frustrating is that they really don't need to embrace NFT's in order to make money - they've still got a lot of beloved older games that they could remaster and release to massive success.

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What leads you to believe it is an "either/or" situation? They've been doing both.

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Originally Posted by Boblawblah

I'm sure you could have made that more condescending if you had wanted to, but not by much.

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The thread title "The First SE NFT", created on this forum, would never have been written if the OP had any knowledge of what SE was doing with NFTs for the past 2+ years.

So essentially it’s just an image, SE maintains all rights and you just pay for a “transaction”. There’s nothing the buyer can do with these images that cannot already be done by everyone else contrary to a physical copy. No matter what agreement SE enters with the person paying for this, what’s to stop other people from making copies and use it on their phones? I can already download the image and set it as background if I want to. Am I missing something?

A fool and their money...

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Originally Posted by LisSquid

Y'shtola is next. This time the creepy doll is a jpeg.

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I'm betting on Emet.

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Originally Posted by Xlantaa

This has been done by Nintendo with the Amiibos for ages.

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Amiibos still have real, monetary value. And they can be physically used and displayed. That is the difference. NFTs are arguably one of the worst scams of all time.

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Originally Posted by aveyond-dreams

That doesn't change the fact that SE has a lot of more important projects that need funding and has strained relationships with enough of its players to even consider testing them further with NFTs and all they entail.

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And you're reading this in the Japanese media where?

When did a figurine created to make money become a project that requires a lot of funding, so much so that other games and media are not being funded?

They sold their North American gaming companies to recoup losses from the disappointing expenditure of funds that was "Marvel's Avengers". No more losses via Crystal Dynamics. I can guarantee they're not putting the entire 300 million dollars into NFTs. Where that money is going is up to SE, they are not required to distribute a penny of it to this game in particular.

I think that this could have been way worse. I also think this could have been way better. But more importantly, I think that we, as a gaming community, need to have a ZERO tolerance policy for NFTs. Look at what "micro"transactions have become due to the slow methodical stretching of the term. NFTs have no business existing at all and absolutely shouldn't be integrated with video games. Zero Tolerance, even if it isn't "that bad", because that's the foot in the door.

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Originally Posted by Toutatis

what’s to stop other people from making copies and use it on their phones? I can already download the image and set it as background if I want to. Am I missing something?.

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There is nothing stopping someone from creating an image from the announcement and using it on their phones. Why would it matter?.

The purpose of the NFT itself appears to be proof of authenticity. The assignment of the digital certificate into your wallet is traceable to the purchase of the image and transference from an SE account, nothing more. This might be the only real use of an NFT that isn't speculative in nature. A paper trail would work just as easily, but paper certificates of authenticity could be faked, I suppose.

The use of an NFT to represent a proof of authenticity for a physical product seems like one of the real actual uses for an NFT, to me. Now if it was proof of authenticity for a digital image it'd be stupid, but it's not, so what's the problem here?

Pretty much exactly the way I predicted they'd introduce them, by tying them to other desirable goods first.

I really dont want to see them linked to any Square goods in general, but I worry it'll only be a matter of time before 'Get this emote with any NFT purchase' is attempted by Square.

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Originally Posted by Rolder50

The use of an NFT to represent a proof of authenticity for a physical product seems like one of the real actual uses for an NFT, to me. Now if it was proof of authenticity for a digital image it'd be stupid, but it's not, so what's the problem here?

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There is no real use for NFTs. Replace the term "NFT" through "crypto scam" and you are always right.



Cheers

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Originally Posted by Rolder50

The use of an NFT to represent a proof of authenticity for a physical product seems like one of the real actual uses for an NFT, to me. Now if it was proof of authenticity for a digital image it'd be stupid, but it's not, so what's the problem here?

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If related to a physical product, the authenticity and value resides with the physical product itself (physical things/art can be fake too), not the NFTs. NFTs prove only that a transaction occurred.

If related to digital art, it is the same bs. Identical copies are easy to make and NFTs are not equivalent to copyrights. It’s just a transaction for the sake of a transaction. Think of the pet rocks clipart NFTs. The emperor has no clothes.

NFTs are just another scam.

For the "uninitiated" or "confused" this is a great video explaining NFTs (without being TOO long)

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Originally Posted by Vahlnir

Amiibos still have real, monetary value. And they can be physically used and displayed. That is the difference. NFTs are arguably one of the worst scams of all time.

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I'm not defending this in the slightest, but this does have a physical statue. The NFT is a certificate of authenticity on both versions and then the more expensive has an NFT for a digital version of the statue itself. The weird thing is the fine print says they won't support the certificate being traded or sold in the marketplace. So that raises all kinds of questions about what happens if someone wants to sell their physical statue.

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Originally Posted by TaleraRistain

I'm not defending this in the slightest, but this does have a physical statue. The NFT is a certificate of authenticity on both versions and then the more expensive has an NFT for a digital version of the statue itself. The weird thing is the fine print says they won't support the certificate being traded or sold in the marketplace. So that raises all kinds of questions about what happens if someone wants to sell their physical statue.

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But the value resides in the statue, not the NFT. There is no monetary value as a result of the NFT being present. It is just...there, for pretty poor bragging rights.

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Originally Posted by TaleraRistain

I'm not defending this in the slightest, but this does have a physical statue. The NFT is a certificate of authenticity on both versions and then the more expensive has an NFT for a digital version of the statue itself. The weird thing is the fine print says they won't support the certificate being traded or sold in the marketplace. So that raises all kinds of questions about what happens if someone wants to sell their physical statue.

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I want to address the bolded part specifically, and I'm just using this specific post as a backboard though I've seen this comment a lot here - so this isn't particularly aimed at you, dw!

NFTs, by virtue of what they are, *shouldn't* be used as Certificates of Authenticity, and it's worrying that we're delving further and further into them. I come from this with an artists perspective, having had my work stolen quite a lot over the past 12 years as a digital artist, so of course take what I say with a grain of salt because I'm biased. I mean, of course I'm biased. Artists and digital creators are having their works stolen and turned into NFTs - a more notable example being Qing Han (Qinniart), who died. After her death, many of her works began to be uploaded and converted into NFTs. And even outside of artists creative works being stolen, NFTs can't even be used as preventative measures because the NFT can essentially be copy-pasted, and there is nothing stopping anyone from taking the NFT and making a new NFT out of the old NFT. So even if an artist wanted to preemptively create NFTs out of their work before others did, that still doesn't work.

In my opinion, NFTs being used as Certificates of Authenticity is like allowing just anyone to slap pictures in the Louvre and claim that it's theirs. Sure, you're going to have some works that are genuine and authentic - but there's also works that aren't.

And that's where I'll veer back into this situation - NFTs can be copied. Fake "Certificate of Authentications" can be made. What's to stop some shady 3rd party site from selling NFTs of this? The blockchain is notorious for allowing this to happen, with close to no repercussions for whoever decides to do that. It protects no one. It does nothing. It's speculative investing that now can't be used as speculative investing because SE has decided to cut off that avenue. And on top of that, the NFT market has crashed - big time. There's absolutely *no benefits* to this, even with the NFT acting as a sort of Certificate of Authenticity, because even that isn't sacrosanct.

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Originally Posted by DPZ2

The actual Cloud figurine price is just under $130. For an additional $30 you can get something backed by blockchain technologies (Enjin, in this case), with no means of trading said NFT at this time. The figurine isn't out until later 2023, by which time Enjin may not even be in business.

This is also not the first NFT sold by Square Enix, but then you wouldn't know that because you neither read the quarterly financial statements for FY2022 or FY2023, nor are fluent enough in Japanes to where you could have purchased said NFTs in one of the non-English games published by SE.

[See financial statements for further details: https://www.hd.square-enix.com/eng/i...planatory.html -- may I suggest the May 2022 report for FY2023/Q1 and the end-of FY2022 report from 31 March 2022?]

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When the attempted defence makes them look even worse.

LMFAO, Square proove themself worse than EA and equal level as Ubisoft. What's next they are the new konami.

I don't get it... Why the digital version can't be purchased with regular money much like every other digial item instead of going through a special (and messed up) type of currency?

I might have been living under a rock to understand the flavor of NFTs, dunno...

wtb remastered 4k remake of psx Final Fantasy Tactics kupo <3

maybe the real NFTs were the friends we made along the way

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Originally Posted by MilkieTea

I want to address the bolded part specifically, and I'm just using this specific post as a backboard though I've seen this comment a lot here - so this isn't particularly aimed at you, dw!

NFTs, by virtue of what they are, *shouldn't* be used as Certificates of Authenticity, and it's worrying that we're delving further and further into them. I come from this with an artists perspective, having had my work stolen quite a lot over the past 12 years as a digital artist, so of course take what I say with a grain of salt because I'm biased. I mean, of course I'm biased. Artists and digital creators are having their works stolen and turned into NFTs - a more notable example being Qing Han (Qinniart), who died. After her death, many of her works began to be uploaded and converted into NFTs. And even outside of artists creative works being stolen, NFTs can't even be used as preventative measures because the NFT can essentially be copy-pasted, and there is nothing stopping anyone from taking the NFT and making a new NFT out of the old NFT. So even if an artist wanted to preemptively create NFTs out of their work before others did, that still doesn't work.

In my opinion, NFTs being used as Certificates of Authenticity is like allowing just anyone to slap pictures in the Louvre and claim that it's theirs. Sure, you're going to have some works that are genuine and authentic - but there's also works that aren't.

And that's where I'll veer back into this situation - NFTs can be copied. Fake "Certificate of Authentications" can be made. What's to stop some shady 3rd party site from selling NFTs of this? The blockchain is notorious for allowing this to happen, with close to no repercussions for whoever decides to do that. It protects no one. It does nothing. It's speculative investing that now can't be used as speculative investing because SE has decided to cut off that avenue. And on top of that, the NFT market has crashed - big time. There's absolutely *no benefits* to this, even with the NFT acting as a sort of Certificate of Authenticity, because even that isn't sacrosanct.

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I think you may have taken my comment as condoning it as "just" an NFT for certificate of authenticity and I'm definitely not in that camp. I was just clarifying the NFTs on each choice. I don't think making NFT certificates of authenticity in lieu of an actual physical certificate is a good idea at all, and it's very hinky that their fine print says SE won't support trading or selling them on the marketplace. So it really does come off as adding it just to justify jacking the price up.

I bet 1 year to start arriving at FFXIV. Anyone want to bet with me?

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Originally Posted by TaleraRistain

I think you may have taken my comment as condoning it as "just" an NFT for certificate of authenticity and I'm definitely not in that camp. I was just clarifying the NFTs on each choice. I don't think making NFT certificates of authenticity in lieu of an actual physical certificate is a good idea at all, and it's very hinky that their fine print says SE won't support trading or selling them on the marketplace. So it really does come off as adding it just to justify jacking the price up.

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Oh no not at all. I just wanted to respond to that specific point and yours was the most recent one mentioning it. It's why I said it wasn't particularly aimed at you

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Originally Posted by dapperfaffer

why would they do that when they can price gouge morons?

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/thread
/10char

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Originally Posted by Lauront

When the attempted defence makes them look even worse.

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Defense? Of what, exactly? Your words are senseless.

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Originally Posted by Adamantini

I bet 1 year to start arriving at FFXIV. Anyone want to bet with me?

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I think 1 year is a very generous estimate.

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Originally Posted by Adamantini

I bet 1 year to start arriving at FFXIV. Anyone want to bet with me?

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I think they'll respect Yoshi P's wishes and keep it out of the game but on that nice upcomming (probably Emet Selch for maximum effect) statuette......

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Originally Posted by Thaciscokidd

I think they'll respect Yoshi P's wishes and keep it out of the game but on that nice upcomming (probably Emet Selch for maximum effect) statuette......

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Yep, exactly. He only said the game, but SE will certainly continue to grow this bottom line:

https://pbs.twimg.com/media/FROr5YEW...pg&name=medium

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Originally Posted by Thaciscokidd

I think they'll respect Yoshi P's wishes....

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Dude, they had to compromise between an ingame cash shop button in the game or not by adding a popup in the inn. In fact, I would bet that 8.0 will have a special edition that has an NFT something or another bundled into it for a significantly higher price than the other versions of the expansion. Prove me wrong SE, I doubt you will, but prove me wrong~!

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Originally Posted by Boblawblah

I'm kind of glad that FFXII is one of my favorite FF games, and that it's not that popular. SE won't bother milking it.

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Makes me wonder who's next on the list....

Luckily, with how much fan service is available in VII, they'll be milking that for another decade, so the other game are safe for now.

I hope people don't buy this crap to show them we don't want nfts

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Originally Posted by Thaciscokidd

I think they'll respect Yoshi P's wishes and keep it out of the game but on that nice upcomming (probably Emet Selch for maximum effect) statuette......

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As soon as population starts dropping they'll use it as an excuse to implement it. I suspect that 7.0 will be "ok" and will see the sharpest community fall off since Stormblood and that they'll say "Look, we did it your way and now we've lost revenue. We're going to do this now."

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Originally Posted by LeonKeyh

As soon as population starts dropping they'll use it as an excuse to implement it. I suspect that 7.0 will be "ok" and will see the sharpest community fall off since Stormblood and that they'll say "Look, we did it your way and now we've lost revenue. We're going to do this now."

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It might happen sooner, depending on how 6.2 goes. Island Sanctuary launching with a plethora of issues would likely cause them to arrive sooner. Though other games within the company launching to the 'Babylon's Fall' effect would also advance the encroachment of NFT's elsewhere.

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Originally Posted by Thaciscokidd

I think they'll respect Yoshi P's wishes and keep it out of the game but on that nice upcomming (probably Emet Selch for maximum effect) statuette......

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That's not how business decisions work. If at any point Yosuke Matsuda tells him "I want NFTs in FFXIV. It's one of our biggest IPs and it makes total sense to make extra through NFTs from that very large active customer base", if Yoshida or his team fail to provide strong enough evidence to convince him otherwise, it doesn't matter what he "wishes".
Moreover Yoshida tried to defend NFTs in a live letter so he's not against the concept, he just doesn't see how it would fit in XIV. He doesn't see NFT as something inherently bad.

But I don't know why I bother explaining this. Majority of the XIV fanbase thinks he's some kind of paragon of everything nice they want in a human being when he's just... a producer doing producer things without being a bad human being.