Page 18 of 29 FirstFirst ... 8 16 17 18 19 20 28 ... LastLast
Results 171 to 180 of 286
  1. #171
    Player
    Mysticp's Avatar
    Join Date
    Jan 2022
    Posts
    48
    Character
    Kriasa Arcanis
    World
    Lamia
    Main Class
    White Mage Lv 90
    Quote Originally Posted by ItMe View Post
    In order to interact edit "blocks" on the blockchain (say, by buying/selling an NFT) the blockchain still asks computers to solve a series of intense puzzles that, while the computer chugs and struggles with them, take intense amounts of energy to solve.

    Crypto currency might take more energy, but anything that uses the block chain must engage with this terribly wasteful process. One that has had its puzzle difficulty scale with improvements in computing power in order to keep the system secure, which in turn keeps the system from ever being sustainable.
    This is incorrect. Referencing items on the blockchain does not require you to solve blocks. You are confusing mining with NFT creation. There are also on chain NFT's and off chain NFT's. Additionally, not every NFT is done on a proof of work chain. I'm sorry but none of this is correct and your GPU has had far more environmental impact than any NFT ever will.
    (0)

  2. #172
    Player
    Midlithe's Avatar
    Join Date
    Apr 2019
    Posts
    51
    Character
    Aether Mart
    World
    Hyperion
    Main Class
    White Mage Lv 90
    Doesn't matter how noble the NFT rollout seems, it's going to result in people getting screwed over financially. (Some by others and some by publisher)

    Problem with NFT (Just like Ubisoft saw) was you can't PROVE any sort of benefit for the actual cost and the hidden transactions show money going back to a centralized source (i.e. Publisher)

    To me... it's just another monetization scheme. I have no interest and will not contribute, but I'll also leave publishers for crap like this being shoved down our throats. (i.e. You don't have to buy, but it sure makes game play a lot easier if you do buy)

    I can buy a Mount in the story without needing an NFT today. Now if I could buy that mount via NFT and use it in ANY GAME then we might have something. Take my whale mount to WOW, New World, SWTOR or Elderscrolls online. That is likely NOT going to happen, but that would be worthy of NFT hype. Until then it's a waste and I'll just buy the mount (if I really like it) for single game and SE can benefit financially from that approach.
    (3)
    - Just drop some Gil on goodies.

  3. #173
    Player
    Mysticp's Avatar
    Join Date
    Jan 2022
    Posts
    48
    Character
    Kriasa Arcanis
    World
    Lamia
    Main Class
    White Mage Lv 90
    Quote Originally Posted by Miiu View Post
    Okay let's roll this up differently then.
    With how much negativity is floating around NFTs especially in the gaming space why would any company openly introduce their plans to adopt the technology for future games. If the technology is so great and open mindblowing possibilities why are the developers and game designers are being left in the dark before these announcements are made?
    Example in this case: Ubisoft.

    Those announcements are not made for "gamers". They're made for possible investors and shareholders and anyone who hopes to make some money through NFTs.

    Every time when pressed on what benefit the technology behind NFTs will bring to games the people in charge use buzz words like: metaverse web 3.0 and blockchain as if that would mean anything to the average gamer.
    Heck look alone in this thread. A lot of people don't even know what NFTs are. And we can assume that people on this forum are more informed than your usual casual gamer who just buys a game in the store and doesn't engage with the community.

    Those people will be the most lost and preyed upon because all the marketing material that is out there doesn't spell out the whole truth and in cases again like Ubisoft is unlisted from youtube while the implementation is still accessible.
    Additionally the nft bro crowd keeps spearheading the arguments of "owning something from the game you love and how you can resell it for even more money than you bought it"
    And that is what most people see on social media. There is nothing effectively being done to show any other avenues besides a get rich scheme.
    Everything about this trend screams shady.
    I agree with a lot of what you wrote here. Gaming companies are not our friends. However, let's be real here : This battle was lost when gamers accepted microtransactions. Most people do not understand NFT's. What's worse is that because gaming companies want to roll them out they are viewing NFT's in a negative light. Will we see actual innovation through NFT's or will it be reduced as cash grabs by greedy companies? Nobody knows, but that doesn't mean the tech is bad. Each company should be given a chance and if they abuse the trust of the fans then show them defiance with your wallet. If a company is trustworthy then they will take the time to explain NFT's and it's benefits. I can see from this thread that the level of mistrust in the space is high.

    I would like to see a future where creative gamers could make a living designing outfits in games or finding hard to find items. However, we need the tech to do this to be out there first.
    (0)

  4. #174
    Player
    ItMe's Avatar
    Join Date
    Jun 2020
    Location
    Lumsa Lomsa
    Posts
    4,178
    Character
    Iiiiiiiiiiit's Meeeee
    World
    Sargatanas
    Main Class
    Arcanist Lv 90
    Quote Originally Posted by Mysticp View Post
    This is incorrect. Referencing items on the blockchain does not require you to solve blocks. You are confusing mining with NFT creation. There are also on chain NFT's and off chain NFT's. Additionally, not every NFT is done on a proof of work chain. I'm sorry but none of this is correct and your GPU has had far more environmental impact than any NFT ever will.
    That's interesting and almost a relief.
    It's possible I'm misunderstanding how NFTs create their carbon footprint, but they are most definitely doing so.
    Everything I've read on the matter agrees they are an ecological nightmare.

    Again, if you have contrary data please share it with me.
    (2)

  5. #175
    Player
    Mysticp's Avatar
    Join Date
    Jan 2022
    Posts
    48
    Character
    Kriasa Arcanis
    World
    Lamia
    Main Class
    White Mage Lv 90
    Quote Originally Posted by ItMe View Post
    That's interesting and almost a relief.
    It's possible I'm misunderstanding how NFTs create their carbon footprint, but they are most definitely doing so.
    Everything I've read on the matter agrees they are an ecological nightmare.

    Again, if you have contrary data please share it with me.
    No worries, to be honest it is all very complicated and depends on the chain. Most NFT's are on ETH which is proof of work at the moment but transitioning to proof of stake later this year. This will significantly reduce the very small impact nft's have even further. I believe the Verge did an article on this not too far back.
    (0)

  6. #176
    Player
    ItMe's Avatar
    Join Date
    Jun 2020
    Location
    Lumsa Lomsa
    Posts
    4,178
    Character
    Iiiiiiiiiiit's Meeeee
    World
    Sargatanas
    Main Class
    Arcanist Lv 90
    Quote Originally Posted by Mysticp View Post
    No worries, to be honest it is all very complicated and depends on the chain. Most NFT's are on ETH which is proof of work at the moment but transitioning to proof of stake later this year. This will significantly reduce the very small impact nft's have even further. I believe the Verge did an article on this not too far back.
    The only The Verge article I could find on the subject (NFTs ecological impact) was this one, which is from last March and focuses on NFTs in marketplaces where people buy them with Etherium:

    THE CLIMATE CONTROVERSY SWIRLING AROUND NFTS
    https://www.theverge.com/2021/3/15/2...climate-change

    Is there a more recent article you were thinking of? Have there been updates? Because this one is def pretty damning.

    But for now, there are still greenhouse gas emissions associated with his NFTs. It costs about $5,000 to offset the emissions from one of his collections, he says.
    Take “Space Cat,” an NFT that’s basically a GIF of a cat in a rocket heading to the Moon. Space Cat’s carbon footprint is equivalent to an EU resident’s electricity usage for two months, according to the website cryptoart.wtf.
    The process is incredibly energy inefficient on purpose. The idea is that using up inordinate amounts of electricity — and probably paying a lot for it — makes it less profitable for someone to muck up the ledger.
    (3)
    Last edited by ItMe; 01-04-2022 at 03:04 PM.

  7. #177
    Player
    Banriikku's Avatar
    Join Date
    Feb 2019
    Location
    I like Viera?
    Posts
    324
    Character
    Kasumi Bunja
    World
    Shiva
    Main Class
    Astrologian Lv 100
    Is NFT bad for the enviroment ?Yes
    Long answer: NFT is a token that means it is a 2 part product - first the Blockchain (a code calculated by a PC) and a token. What you buy is the Blockchain and you are allowed to use the token in some manner (depends on the contract and the terms of byuing) that is attached to it. The token is in most cases not the problem but the Blockchain is a code calculated by a PC and this cost power. Done. Stop pretending a pc dont use electricity or works because you pray hard enough.

    Is NFT a scam ? Short answer : Yes,most of it.
    Long answer: NFT is just the selling of a unique Code with a token and this code has the value that the seller tags on it and what the people are willing to pay. That means if i decide to make a video of my privat parts and add a Blockchain to that it is a NFT.
    Whats the worth of t ? I will skip the answer to that for obvious reasons.

    Regarding the token YOU DONT OWN THE COPYRIGHT OF IT. Done. I am not sure what do you think you are buying here but you get digital code with a token. If somebody decides i print that damn token and pin it on a wall you cant do anything about it because you paid for the code with a token not the copyrights of the token.

    The problem is the worth or value is not defiened by any logical means or reasoning. Its like paying for a bottle of water 100 € just because you believe it will make you stronger. Its about believe and the hope of people and thats the same reason why gambling got regulated so hard in most countrys. You make people believe and give them hope of money, they doing something great, they are creating something, having success etc. and use that to make a profit. Thats at best shady and at worst.... i will skip the rest of the sentence, please use your imagination.

    Letting peolpe creating together ... we have that or had in some cases .. modding but the big company's cant monetize this to hell and back so this is the next thing to make money of nothing. Minimal effort, maximum success.

    And the argument " Its for the artist" to that i give you a proper response here - We want recognition, respect and earn what we deserve. And not a scam projekt for rich Companys and/or Invesmentfonds that will use Artist as bait to get more money out of people.

    As a final sentence i want to quote somebody here: "Tell me... for whom do you fight?"
    (6)

  8. #178
    Player
    Mysticp's Avatar
    Join Date
    Jan 2022
    Posts
    48
    Character
    Kriasa Arcanis
    World
    Lamia
    Main Class
    White Mage Lv 90
    Quote Originally Posted by ItMe View Post
    The only The Verge article I could find on the subject (their ecological impact) was this one, which is from last March and focuses on NFTs in marketplaces where people buy them with Etherium.
    https://www.theverge.com/2021/3/15/2...climate-change
    Is there a more recent article you were thinking of? Have there been updates? Because this one is def pretty damning.
    Keep reading, was all BS in the end. Site was calculating wrongly.:
    average NFT has a carbon footprint somewhat lower than Space Cat’s but still equivalent to more than a month’s worth of electricity for a person living in the EU. Those numbers were shocking to some people. But then Akten saw that the website had been used to wrongly attribute an NFT marketplace’s emissions to a single NFT.
    (0)

  9. #179
    Player
    RubyCirha's Avatar
    Join Date
    Aug 2015
    Location
    ul-dah
    Posts
    389
    Character
    Ruby Cirha
    World
    Coeurl
    Main Class
    Monk Lv 73
    agreed we do enough to hurt the environment without nfts making it worse
    (3)

  10. #180
    Player
    technole's Avatar
    Join Date
    Jun 2014
    Location
    Gridania
    Posts
    1,971
    Character
    Thea Sitori
    World
    Gilgamesh
    Main Class
    Scholar Lv 72
    Quote Originally Posted by RubyCirha View Post
    agreed we do enough to hurt the environment without nfts making it worse
    It's a bigger conversation than just NFTs. Cloud computing isn't all on renewable energy either. People like to point to Crypto but they won't even shed a hair to the TikToks and Facebooks of the world cause we 'need' it.
    (0)

Page 18 of 29 FirstFirst ... 8 16 17 18 19 20 28 ... LastLast