Let's pretend for a moment that the magical candy-floss version of NFTs, where you can just buy a gun in Call of Duty and use it in Fortnite, actually works. Just by magic, let's pretend it's not hilariously impossible. These magic tokens just transfer assets between games.
These magic tokens that make the same gun work in Fortnite, Warzone, Valorant, and Halo are, crucially, running on a decentralized blockchain.
Decentralized also means unregulated.
Decentralized also means unregulated.
So, how long do you figure it takes before the first invincibility code NFT hits the market? You can just transfer your invincibility into Fortnite, Valorant, League of Legends, whatever game you want! Doesn't that sound fun?
How long? I would guess less than ten minutes.
How long? I would guess less than ten minutes.
Not even the best-case magical hallucinogen-fueled make-believe fantasy version of this technology is a good idea.
(Anyone who was around for the implementation of Steam achievements, and the subsequent immediate birth of "Achievement Games" where you just press a button and it gives you 400 free achievements, is nodding exhaustedly right now.)
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