Keep NFT out of FF14

[Fellgon]

Ugh... lol. I tried to learn what NFT's are and I gave up. I cannot be bothered with this. Whatever it is, I'm sure it won't affect my game, were it to be implemented.

I tried too, ugh....i just cant understand...feels like a Physics test...

[dapperfaffer]

Once again this is incorrect. Marketcap is Circulating supply x current price. Marketcap does not include total supply. This aspect is factual and not debatable. If you want to verify this for yourself please go to coingecko or coinmarketcap and hover over the the marketcap of any crypto and this will be shown as the calculation.

To further prove this:
Bitcoin for example has a price of 46,910
marketcap of $887,468,007,750
Circulating supply of 18,918,525
So do the math: 46,910 x 18,918,525 = 887,468,007,750

Now that I have proven that part wrong can we move on?

Now as for NFT's. You are correct in that for it to have value people have to assign value to it. That is no different from any other product. Things do not go up magically. They go up with an increase in demand. If demand goes down then price will follow so your point about you need to invest in it is accurate. However, once again this is true for any product that has a market. You have in no way shown that anything is a scam. NFT's are just digital containers that can be sold as goods. No more no less.

Marketcap means nothing, its the total value of all the circulating coins and thats it. If you can't understand why having a high total supply, and in the case of Sandbox almost 2B differential of coins available to whats in circulation supply, and how that devalues an NFT I can't help you and I'm not explaining it to you.

[Enla]

I don't get what the big deal is, you don't like NFT, don't use them, end of story.

Ask the multitude of artists who had their work illegally minted on Opensea and who have to go through Google to get it taken down how that worked out for them. Or the many Japanese artist accounts on Twitter that got hacked and turned into NFT accounts overnight. The amount of people in the art community I know that actively try to avoid NFTs but have to fight every damn day to keep their work from being minted and resold is staggering. And none of the NFT sites are of any help, Opensea in particular has been almost impossible to work with according to many of the artists who have had more than one work stolen. NFTs by design and by the very nature of the people who pursue them are not avoidable. This isn't like a gacha game where you don't /have/ to pull and will just suffer in the F2P bin. If it gets added to games it's not avoidable.

Also I quite like the planet being what it is. The last thing I want to see is it burn faster because cryptobros think they can get rich off of monopoly money.

[Miiu]

With how the whole NFT in the gaming space discussion is going I can't do anything but want to bang my head against a wall.
There is literally nothing positive about NFTs in the gaming space and it offer zero benefits that can't be achieved normally.

The only people outside of the companies who are pushing for this BS are the people who are already trapped in the NFT scheme.
Seeing their fake enthusiasm every time a new blockchain game is announced is really stomach turning because they don't care about the games themselves they only care about if it makes them money or not.
Like seriously if I hear somebody mention "blockchain technology enables to port gaming items from 1 game to another" I'll scream. It's literally the dumbest point I've heard in ages and it clearly shows that people have no idea about game development and how very much unlikely this is given the impossible extra work developers would have to do in order to support anything even remotely similar. (Especially across franchises with different gameplay/aesthetics/ game engines).

Sorry for rambling.

As much as I hate NFTs I don't have the optimism after Lootboxes and other microtransactions that these won't be a part of the gaming space. Right now multiple companies are trying to push it and the big players like1 EA/Ubisoft/Square can easily spend money on trying to implement something without going bankcrupt.
All it takes is for 1 company to implement successfully and make some money with it and that's it. It'll be a constant companion from there on. Luckily so far the attempts we've seen failed and if that keeps going we have a chance of at least a few years of radio silence before they try to push it again.
But in all honesty I don't have high hopes for that.

Will NFTs make their way into FF14? Maybe? Like people said Yoshi P and his team most likely won't be able to deny orders from the top even if they don't want to.
But I wonder with all the negative connotations in regards to NFTs if the attempt in making money is really worth the negative press attached to FF14 after a 10 year journey of rebuilding the goodwill of players after the disaster that has been 1.0
I want to believe that the head of SE is aware of that.

If it really comes down to an implementation of NFTs in FF14 I hope there will be a mass exodus of players because there is no other way to make an impact. Sure we can complain on the forum as much as we want or go to twitter and other social media sites. But if it doesn't affect the bottom line we might as well just say nothing.
Personally I'll unsubscribe the moment any kind of NFT implementation into FF is announced and I hope a lot of other people will do as well.

[Mysticp]

Marketcap means nothing, its the total value of all the circulating coins and thats it. If you can't understand why having a high total supply, and in the case of Sandbox almost 2B differential of coins available to whats in circulation supply, and how that devalues an NFT I can't help you and I'm not explaining it to you.

Let's establish that you were incorrect in your evaluation of what marketcap was. If you are talking about total value of all supplied coins then that is a metric called Fully diluted marketcap. There is a reason that this is a separate metric. Having a large supply is not in of itself a bad thing. It would be if the increased supply was dumped at a period of low demand. In crypto, the total supply of a token is trickled out to meet demand through an unlock period. Also, while this is an interesting chat about crypto it has nothing to do with NFTs nor does it have to do with 'devaluing' them. An NFT is not necessarily tied to crypto currency. An NFT is just a digital container of information.

[Xasapis]

If an interaction with the cash shop becomes mandatory in any shape or form, I'm out.
I'm already ignoring any mmorpgs that doesn't offer a subscription option, where said option allows me to completely ignore the cash shop.

[forsakee]

Buying Items on Mogstation that sit on SE servers - all good
Buy items on Mogstation that sit on blockchain - in 5-10 years 95% of people will be screwed!

Makes no sense really. Anybody can get screwed on any item that has value. This will always be the case if demand crashes.

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 )

[Sheriyana]

Ask the multitude of artists who had their work illegally minted on Opensea and who have to go through Google to get it taken down how that worked out for them. Or the many Japanese artist accounts on Twitter that got hacked and turned into NFT accounts overnight. The amount of people in the art community I know that actively try to avoid NFTs but have to fight every damn day to keep their work from being minted and resold is staggering. And none of the NFT sites are of any help, Opensea in particular has been almost impossible to work with according to many of the artists who have had more than one work stolen. NFTs by design and by the very nature of the people who pursue them are not avoidable. This isn't like a gacha game where you don't /have/ to pull and will just suffer in the F2P bin. If it gets added to games it's not avoidable.

Also I quite like the planet being what it is. The last thing I want to see is it burn faster because cryptobros think they can get rich off of monopoly money.

This is all anyone needs to know about NFTs. It's an absolute wild west right now with how little regulation there is and with how little anyone cares about copyright. All anyone cares about with the NFTs is making money and that's both the scammers and the actual platforms. It's an absolute nightmare being an artist on the internet right now, having your artwork stolen and sold as NFTs is a non ending deluge of bullshit. There needs to be a huge lawsuit against these platforms and they will get destroyed in court I can guarantee that, it's like they enable the rampant theft and making money off the work of others.

As others have said, there is no way NFTs could add anything positive to gaming that we can't accomplish already with the means available to us. This is just a means for corporations to try to make money off the latest get rich quick scheme and that's all it is here, in gaming for.

[forsakee]

Ugh... lol. I tried to learn what NFT's are and I gave up. I cannot be bothered with this. Whatever it is, I'm sure it won't affect my game, were it to be implemented.

OOF If anyone truely thinks this will not be meet by huge amounts of backlash your delusional. Remember games before micro transactions? good times

This will sound bad but I'd have a higher chance at quitting due to nft's then if the ceo murdered someone

[DBriggs304]

https://www.theverge.com/22310188/nf...crypto-art-faq

It's a pretty good explanation, methinks.

I'm starting to understand now. Thanks!