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  1. #1
    Player
    SamsaraTrickstar's Avatar
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    Aug 2021
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    Samsara Trickster
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    Dark Knight Lv 90
    Quote Originally Posted by SamSmoot View Post
    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.
    (2)

  2. #2
    Player
    ItMe's Avatar
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    Jun 2020
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    Lumsa Lomsa
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    4,178
    Character
    Iiiiiiiiiiit's Meeeee
    World
    Sargatanas
    Main Class
    Arcanist Lv 90
    Quote Originally Posted by Mysticp View Post
    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.
    (3)

  3. #3
    Player
    SamSmoot's Avatar
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    Jan 2019
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    Fugu Barr
    World
    Exodus
    Main Class
    Ninja Lv 100
    Quote Originally Posted by ItMe View Post
    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



    Sauce:
    What Are NFTs, And What is Their Environmental Impact?
    https://earth.org/nfts-environmental-impact/
    Seems that the carbon footprint issue is caused by tying NFT's to cryptocurrency which requires far too much power to "mine"
    They just need to link them to actual money instead. Searched, found this:
    https://www.expensivity.com/creating...ithout-crypto/
    (0)

  4. #4
    Player
    Lihtleita's Avatar
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    Jan 2018
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    Lihtleita Lonstyrmwyn
    World
    Lich
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    Marauder Lv 100
    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?
    (6)
    Last edited by Lihtleita; 01-05-2022 at 12:14 AM.

  5. #5
    Player
    SamsaraTrickstar's Avatar
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    Samsara Trickster
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    Dark Knight Lv 90
    Quote Originally Posted by Lihtleita View Post
    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
    (3)

  6. #6
    Player
    ApolloGenX's Avatar
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    Galen Amaranthe
    World
    Leviathan
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    Gladiator Lv 90
    I have a bad feeling about NFTs from an ethical perspective.

    For me, this is about a transaction that carries financial risk being introduced to a population (potentially kids) that does not fully understand the nature of the financial risks and could easily be fooled by the prospective upside.

    This is an ethical issue imo, that really has no place in this game. Selling IP through the Mog Station is bad enough... but this is not a healthy addition to this game, imo.
    (5)

  7. #7
    Player
    Lihtleita's Avatar
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    Lihtleita Lonstyrmwyn
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    Lich
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    Marauder Lv 100
    Quote Originally Posted by Mysticp View Post
    Why not just take a screenshot? Ask a digital artist how they feel about someone just screenshotting their work.
    I actually am a digital artist. As long as people dont repost my work or heaven forbid mint an nft of it, I don't mind what they do, be it screenshot, make it their phone background or set it as a profile picture. This wasn't the best example you could have given.

    Quote Originally Posted by Mysticp View Post
    About item codes: Item codes are just randomly generated codes from a central database (so no ownership and risk or closure). They are not unique and are frequently one time use items so user creation and trading are out. Also, they have no set standard in creation or format so implementation across games would be extremely difficult.
    Implementation across games is difficult anyway due to game engines and character scaling not being uniform.
    Lets say in ff11 i had a hat. Even if that exact same hat were transferred to ff14, it wouldnt work correctly and SE would need to have the asset remade from scratch, or at the very least altered/rescaled, essentially creating two identical but different items. Far from the unique nft ideal.
    If youre proposing SE use the same engine for every game for the sake of maintaining and honoring the promise of nft transfer, I have a fun historical example for you in crystal tools. Everybody loved crystal tools right? Never caused any massive game delays or flops.
    (7)

  8. #8
    Player
    Mysticp's Avatar
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    Jan 2022
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    Character
    Kriasa Arcanis
    World
    Lamia
    Main Class
    White Mage Lv 90
    Quote Originally Posted by Lihtleita View Post
    Implementation across games is difficult anyway due to game engines and character scaling not being uniform.
    Lets say in ff11 i had a hat. Even if that exact same hat were transferred to ff14, it wouldnt work correctly and SE would need to have the asset remade from scratch, or at the very least altered/rescaled, essentially creating two identical but different items. Far from the unique nft ideal.
    If youre proposing SE use the same engine for every game for the sake of maintaining and honoring the promise of nft transfer, I have a fun historical example for you in crystal tools. Everybody loved crystal tools right? Never caused any massive game delays or flops.
    This is not how NFT's work. Game engine has nothing to do with cross game implementation. NFT's follow a standard. They are references to a game asset in that case, not the asset themselves. The other game would choose to interpret that refence in whatever way it saw fit. It could be hat in one game and a pair of jeans in another.
    (0)

  9. #9
    Player
    Lihtleita's Avatar
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    Lihtleita Lonstyrmwyn
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    Lich
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    Marauder Lv 100
    Quote Originally Posted by Mysticp View Post
    This is not how NFT's work. Game engine has nothing to do with cross game implementation. NFT's follow a standard. They are references to a game asset in that case, not the asset themselves. The other game would choose to interpret that refence in whatever way it saw fit. It could be hat in one game and a pair of jeans in another.
    so if you dont own the asset itself how is it different to an item code? it would be relatively simple if the company wanted to make multiple games that reference the same item codes, it wouldnt be future proof, of course but neither is the nft alternative.
    (5)

  10. #10
    Player
    Miiu's Avatar
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    Jul 2012
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    Character
    Shila Lail
    World
    Shiva
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    Sage Lv 90
    That is something that is also the case in the real world. Forgeries are a big problem in the art community and you need experts to determine the validity of said art pieces. I am not saying NFTs aren't lucrative for artist. Beeple for example made killing through NFTs but that isn't the norm.
    The problem is that NFTs don't solve the issues people claim it solves. It makes it less tangible.

    And I don't follow your sentence. You're saying NFTs don't solve art theft but also that without NFTs there was no way for people to know if they buy an original or not. They still won't know.
    (5)

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