The venn diagram of people who want NFTs in games and people who make games is two separate circles.
But I sorta wanna talk about why. One of the more common questions I see is "isn't this just a new technology/business model, like subscription games, F2P, or GaaS?"
But I sorta wanna talk about why. One of the more common questions I see is "isn't this just a new technology/business model, like subscription games, F2P, or GaaS?"
Let's look at the previous market disruptions.
Players and devs were wary of them, but in most cases because of:
* Bad executions being the example (cash-grab, low-quality F2Ps)
* Slippery Slopes
But there was something positive they all have in common: player value.
Players and devs were wary of them, but in most cases because of:
* Bad executions being the example (cash-grab, low-quality F2Ps)
* Slippery Slopes
But there was something positive they all have in common: player value.
Subscriptions meant legitimately bigger games. MMOs had such a distinct player value that the cost of the sub was "well yeah, sure."
F2P could lower the barrier to entry, allow no- and high-investment players to be satisfied.
GaaS needs to be an ACTUAL SERVICE to profit.
F2P could lower the barrier to entry, allow no- and high-investment players to be satisfied.
GaaS needs to be an ACTUAL SERVICE to profit.
NFTs contain none of this for players. It doesn't solve a problem for players, offer new experiences, or any value.
Its value is to investors. That's why they're so infatuated with it. It only makes sense with a particularly myopic view and a poor understanding of the market.
Its value is to investors. That's why they're so infatuated with it. It only makes sense with a particularly myopic view and a poor understanding of the market.
There is one value, I'll concede, but it's a technicality almost.
It allows true ownership of an asset, and some resale.
But - we can already essentially do this. It's been done for years already.
It allows true ownership of an asset, and some resale.
But - we can already essentially do this. It's been done for years already.
CS:GO's gun marketplace has allowed this for years. You can resell and buy skins. Do you own them if...CS:GO is deleted from the earth tomorrow?
No. But you can't use them if that happens anyway? Decentralizing ownership is literally meaningless in these contexts.
No. But you can't use them if that happens anyway? Decentralizing ownership is literally meaningless in these contexts.
Roblox has the bigger (and more troubling) version of this with their UGC. Adding true ownership here does nothing in a market awash with trading, buying and selling (and solves none of the scummy parts).
So, if you're into NFTs as a crypto person, a publisher, an investor, or a dev, think about it from the only value angle that matters: player value.
And right now, NFTs are at BEST "only slightly negative" value. I haven't seen or heard of a case that provides real value.
And right now, NFTs are at BEST "only slightly negative" value. I haven't seen or heard of a case that provides real value.
To clarify, this is not about NFT technology. I'm not super engaged with the deep tech side of dev. If that's what Engineering Directors want to use, then cool.
I'm responding to the offering of "NFT games" - defined as core incentives being attached to investment and ownership
I'm responding to the offering of "NFT games" - defined as core incentives being attached to investment and ownership
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