Keep NFT out of FF14

[Mysticp]

if FFXIV shut down then your item are gone regardless ... like ... do you even read what you wrote?

Incorrect. And this is the problem. People do not understand blockchain. The items are not stored on a server central to SE. The items exist on the blockchain. SE gives up control of them once they are created on chain.

[Raven2014]

Incorrect. And this is the problem. People do not understand blockchain. The items are not stored on a server central to SE. The items exist on the blockchain. SE gives up control of them once they are sold.

Either you or I are missing the really obvious. With the server gone and the game shut down, I don't care how you own your item. Some meaningless bit on a blockchain or the data is burn into a physical disk sent to your door with a ribbon, without the actual gaming environment to apply it it's meaningless.

[Mysticp]

Either you or I are missing the really obvious. With the server gone and the game shut down, I don't care how you own your item. Some meaningless bit on a blockchain or the data is burn into a physical disk sent to your door with a ribbon, without the actual gaming environment to apply it it's meaningless.

The value would depend on the market. There are always people that want to collect items. Look at people that collect figurines for shows that are over and done with. Also, if there are integrations with other games or developers then use of the items still persists.

[Raven2014]

The value would depend on the market. There are always people that want to collect items. Look at people that collect figurines for shows that are over and done with. Also, if there are integrations with other games or developers then use of the items still persists.

Holy crap I want some of what you're smoking because it must be amazing. You're comparing useless bit to actual physical goods?!?!?!

Like ... do you think the data of all the items on the mogstation is not already out there, and can be readily duplicate? The only different between those and the one from SE is the latter is authenticated by their server, without that server the data worth less then the picture of the item.

[Mysticp]

Holy crap I want some of what you're smoking because it must be amazing. You're comparing useless bit to actual physical goods?!?!?!

Like ... do you think the data of all the items on the mogstation is not already out there, and can be readily duplicate? The only different between those and the one from SE is the latter is authenticated by their server, without that server the data worth less then the picture of the item.

What? that makes no sense. I am comparing goods to goods. Physical or digital it doesn't matter. It there is use to it either emotionally or functionally then value can exist. Also, items on the SE server go down when the server goes down. Blockchain is not owned by SE and items on there persists after. You could take a picture of an mogstation items and make them an NFT but who cares. The example is NFT's made by SE that are authenticated on the blockchain by them. People prioritize real things over copies generally.

[StouterTaru]

Incorrect. And this is the problem. People do not understand blockchain. The items are not stored on a server central to SE. The items exist on the blockchain. SE gives up control of them once they are created on chain.

That's not how NFTs work. A link to the item and history of ownership exists on the blockchain, not the item itself.

You would have proof that you own the digital item linked at:
<www.ffxiv.nft/I_bought_an_NFT_and_all_I_got_was_this_stupid_T-shirt>

If the web host went down, your NFT is gone. If the web host changes the link, your NFT changes.

[Mysticp]

That's not how NFTs work. A link to the item and history of ownership exists on the blockchain, not the item itself.

You would have proof that you own the digital item linked at:
<www.ffxiv.nft/I_bought_an_NFT_and_all_I_got_was_this_stupid_T-shirt>

If the web host went down, your NFT is gone. If the web host changes the link, your NFT changes.

This is only true for some NFT's. There are some NFT's that exist on the web server with authentication on the blockchain as you say. This is done because of the space on the blockchain that is taken up. However, this is not the case for all NFT's and varies on the chain the NFT was created on.