Informative tidbit video

[Skivvy]

Square Enix Newsletter: https://www.hd.square-enix.com/eng/n...esident_3.html



The problem is Crypto/NFT/Blockchain is built around FOMO cash grabs. Everyone now wants to build their own walled garden economic ecosystem. Which means the Live Services (XIV) they work on, become susceptible and strangled into this ecosystem. It's so FOMO that SE got FOMO that everyone else is making money. Nobody does crypto for the good of it.

Barely any of the items on the XIV Cash Shop are even Account-Wide and the game is designed to encourage boosts/skips, with repeat purchases like dyes, clothing, songs. What makes you think they won't ramp this up to a questionable degree.

In the right hands, this can be OK because it's a technology that allows trade and ownership. But we're talking about a corporation built around media that reuses resources to squeeze value out of all of their IPs. I wouldn't have a lot of faith in their ability to keep their hands to themselves, and it can easily cascade into some nasty FOMO services. Hell, look at what they did to their FF - Trading Card Game. It's just copy pastes of existing games, re-sold on cardboard. (I stopped buying them when I noticed they were just reusing old shit for everything)

You all praise that XIV is SE's cash cow, that means it's the most susceptible. Imagine if XIV's Marketplace started using Crysta, and every trade was processed with a % loss (as it currently does), that would effectively make the Marketplace and it's assets an NFT ecosystem. This means that every trade being made will generate value back to them for items that are effectively worthless.

XIV housing is also already built around FOMO - What makes us think they won't push NFT/Crysta to that?

Have you heard of the critically acclaimed MMORPG Final Fantasy XIV? With an expanded free trial which you can play through the entirety of A Realm Reborn and the award winning Heavensward expansion up to level 60 for free with no restrictions on playtime.

I think for me, it still boils down to:

Don't worry, i'm sure any NFTs will be optional. ;^)

And I realize the tone of that comment, but still. :P This game has been on a slippery slope ever since the cash shop was added. People didn't want one in their subscription game, but it came anyway. Started smallish, added more, added a TON more, started making mounts single-use, raised prices, offers outfits that can't work for everyone, it's a crapshoot all around. Outside of the shop, you then have limited release statues/books/cds, some which are tied to in-game codes (emotes/hats/etc).

A lot of people really love to defend the cash shop, but it seems like NFTs are just the natural progression of things, no? We all have our breaking points when it comes to this topic, but I am struggling to see why THIS is the panic point for many when things haven't been great for a long time.

[R041]

A lot of people really love to defend the cash shop, but it seems like NFTs are just the natural progression of things, no? We all have our breaking points when it comes to this topic, but I am struggling to see why THIS is the panic point for many when things haven't been great for a long time.

Totally - Once the cash shop was in it kinda already begged for all of this. NFT isn't much of a downgrade. I think the only big difference is my world-ending worst case scenario of them adding it to the in-game Marketplace. But I really doubt that would happen. lol

The sky was falling when we got Skips and Boost, I remember that. Sky is still falling, it's a live service game. As the other live service games evolve and utilize more predatory practices, so will Square Enix and XIV.

[Jojoya]

If it happens, it will be a great life lesson for those who fall into the NFT trap. Perhaps it will be a first step in curing people of FOMO.

In the meantime, it will have little impact on those who see NFTs as the useless things they are. Either a game will be worth playing independent of NFT existence or it won't. If it's not, we'll go play other games. There are good games getting made by indie developers who don't have the resources to mess around with NFT rubbish. Players can throw their monetary support to those developers instead of the triple A companies more interested in catering to trash collectors than making good games.

I think for me, it still boils down to:


And I realize the tone of that comment, but still. :P This game has been on a slippery slope ever since the cash shop was added. People didn't want one in their subscription game, but it came anyway. Started smallish, added more, added a TON more, started making mounts single-use, raised prices, offers outfits that can't work for everyone, it's a crapshoot all around. Outside of the shop, you then have limited release statues/books/cds, some which are tied to in-game codes (emotes/hats/etc).

A lot of people really love to defend the cash shop, but it seems like NFTs are just the natural progression of things, no? We all have our breaking points when it comes to this topic, but I am struggling to see why THIS is the panic point for many when things haven't been great for a long time.

Why do people feel threatened by the existence of NFTs? They are worthless when it comes to playing a game, not to mention lacking any practical value. They're a toy for dumb rich people who fancy themselves collectors.

If they want to throw their money away, that's their choice.

In the meantime, the rest of us can be entertained by watching people do dumb things with their money.

[Thaciscokidd]

Why do people feel threatened by the existence of NFTs? They are worthless when it comes to playing a game, not to mention lacking any practical value. They're a toy for dumb rich people who fancy themselves collectors.

If they want to throw their money away, that's their choice.

In the meantime, the rest of us can be entertained by watching people do dumb things with their money.

And this is exactly how DLC got its foot in the door.

I do, to an extent, trust Yoshi P about not wanting NFTs in 14. But on the other hand it might be above his paygrade or controlled by that "Scary Empress" that seems to run the Mogstation side.

[Neoyoshi]

That is one annoying person to listen to, i think i made it 2 minutes in before i began skimming the video to see if he might of had anything of substance to say, and, i couldn't.... gosh that person's annoying to listen to.


Anywho, it's obvious this is about the New Years Letter from President Yosuke Matsuda.

This is what a google search looks like about the topic.


And here's the actual link to the letter itself for those who wish to skip the bs clickbait videos and news articles.

https://www.hd.square-enix.com/eng/n...esident_3.html

My personal take on this? Yosuke Matsuda is obviously interested in the technology, and it's been utilized already with the physical character statues and figurines on the SE storefront with (optional) digital NFT certificates for those who pay a little extra.

I feel like Yosuke Matsuda understands the problems with Blockchain tech because he addressed them in that letter word-for-word; he points out the scandal's and the whole FTX drama, as well as other Blockchain-related woes, so whatever this is; it just sounds to me like he wants to see what the company can do with this tech without spelling financial ruin.

Though I'm not a really smart person, and I'm not sure what Blockchain tech is really capable of other THEN causing financial ruin and perhaps forcing governments to create laws to protect itself from such scandals and swindlers. Which is ironic, as this new years letter also goes into some details regarding the creation of some type of laws to regulate digital goods and currencies; which... uhhh, regulate something meant or designed to be deregulated. Heh.

Anyway, TL;DR, Youtuber person drones on annoyingly, for 16 minutes about a letter you can just read yourselves.