Keep NFT out of FF14

[Payadopa]

Funny how a company with so much history of being stuck in the past is welcoming this scam. The letter is disgusting, and made me lose so much respect for Square Enix, a company that has so many games about not being greedy. Besides, you don't even need NFTs to implement game systems with the same purpose.

After the 1.0 debacle and the last few FFs being utter shite you'd think SE would learn. It's like the want to go bankrupt at this point. Any product that supports this won't get my money. I got more than enough AA games and my backlog to look forward to.

[SamSmoot]

Still not understanding NFT's You have an image file with 50 million copies floating around the internet and people's devices, but you put one copy of it into a blockchain, and it's suddenly worth $50 million?

[SamsaraTrickstar]

Thats hilarious and there are people who buy this?

Yes to try and sell for more. It's a pyramid scheme not different from selling strange pills that do nothing.

[SamsaraTrickstar]

Still not understanding NFT's You have an image file with 50 million copies floating around the internet and people's devices, but you put one copy of it into a blockchain, and it's suddenly worth $50 million?

As retarded as it sounds yes. But it can be any digital item. This some how make you the legal owner of it,even if it's not a legal thing in it self. What more it do not make you the copyright owner.so legally at any point the copyright owner can't demand any money made from the nft be transferred to him and be in the legal right.

[Shibi]

Still not understanding NFT's You have an image file with 50 million copies floating around the internet and people's devices, but you put one copy of it into a blockchain, and it's suddenly worth $50 million?

You know how you can buy canned fresh air? Bannf air for $25 a can?
Yeah, like that.

[Illmaeran]

You know how you can buy canned fresh air? Bannf air for $25 a can?
Yeah, like that.

More like Perriair.

[Alaray]

Still not understanding NFT's You have an image file with 50 million copies floating around the internet and people's devices, but you put one copy of it into a blockchain, and it's suddenly worth $50 million?

Usually people use a separate wallet to purchase it from themselves at a high price point, in order to make it appear as if the thing has any value. And then try to hype it up massively in an attempt to generate interest and get someone to pay more so they're not the last one left holding the worthless item, since; whoever holds it last is the person who loses the most.

People trading them back and forth with each other is largely where the extremely high price points come from. Plenty of people who don't do that, don't sell much of anything.

Going to also add: due to the decentralized, unregulated nature of any Crypto security, if a wallet becomes compromised there is 0 legal recourse. You just lose.

[ItMe]

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.

Ok, so where are the correct calculations?
Akten is far from the only person who's tried to analyze this and came away with a Grim result.
He may be wrong, but other have still pegged his wrong answer as not too far off.
For example

Digiconomist estimates a single Ethereum transaction’s carbon footprint at 33.4kg CO2, while artist and programmer Memo Akten estimates that an average transaction specifically for NFTs has a carbon footprint of about 48kg CO2.

Sauce:
What Are NFTs, And What is Their Environmental Impact?
https://earth.org/nfts-environmental-impact/

Pointing out that one person was mistaken doesn't unravel everyone's claims that NFTs are not environmentally safe.



Even biased crypto positive spaces like BeingCrypto outline a non-negligible impact, even when you observe just the NFTs impact separate from crypto.

NFTs and the Environment — Projects Are Taking Sustainability Seriously
https://beincrypto.com/nfts-and-the-...ity-seriously/

Data Analyst Erin Davis outlines the CO2 emissions of NFTs for Quartz.

In the report, NFTs are compared to standard printed art and gas cars. On average, a piece of printed art results in around 2.5 kg of extra CO2 emissions. This is about the same as a gas-powered car creates every five miles. Meanwhile, the CO2 emissions from minting and auctioning off an NFT can be up to 100 times higher.

However, according to the report, it is the mining process that is the big offender. An estimation puts one NFT’s lifetime CO2 emissions are the same as a car traveling more than 500 miles.

Mining costs have gotten so bad that estimates put the power required to mine one bitcoin is equivalent to the electricity used by the average U.S. home in 50 days. That leaves the average cost of mining a bitcoin around $200.

While NFTs are “minted,” not “mined,” the process is the same.

[Lihtleita]

let me suspend my brain for a second.
nfts are actually 1) worth money 2) not a scam 3) not setting the planet on fire
lets assume all these are true

what value would nfts add to the game that couldnt be accomplised with the mogstation or mods?

does a limited run of cosmetics outweigh the lifetime sales of unlimited run cosmetics in terms of profit for games that have longer lifetimes? would the dev time in making such cosmetics be wasteful?

and will adding nfts literally make everyone wish we had a /spit emote like wow had? in other words, would they upset social cohesion in a game that relys on co-operation rather than competition?

[SamsaraTrickstar]

let me suspend my brain for a second.
supposing nfts are actually 1) worth money 2) not a scam 3) not setting the planet on fire
lets assume all these are true

what value would nfts add to a game that couldnt be accomplised with the mogstation or mods?

does a limited run of cosmetics outweigh the lifetime sales of an unlimited cosmetic in terms of profit for games that have longer lifetimes? would the dev time in making such cosmetics be wasteful?

and will adding nfts literally make everyone wish we had a /spit emote like wow had? in other words, would they upset social cohesion in a game that relys on co-operation rather than competition?

Well said. We can't let it slide