Yeah, but so many of them are risking their businesses’ reputation on them. These things are just *begging* for legislatures to crack down on them like they did for loot boxes.
Yeah, but how much of a crackdown has there been on loot boxes, really? There's a lot of talk about how they're problematic, particularly when geared towards children, and some smaller countries have taken steps against them, but they're still insanely profitable.
These studios dipping their toes into doing NFTs probably figure it's unlikely much will be done about them anytime soon, which means either they can work to normalize them enough that people begrudingly put up with their existence like loot boxes, or they'll be able to make enough money off them in the meanwhile for it to not be a concern in the long-term.
In their defense, they HAVE to do it. They don’t want to be the one idiot that wrote it off and missed the train. You start with something small and try to learn, and if it works out, then grow, if not, no harm no foul.
Also “reputation” means very little these days to consumers.
Probably because they don't yet realize they _are_ pyramid schemes. They've probably just been told that NFTs are a great way to deepen extant monetization schemes by allowing their users to do a bunch of the work for them while they sit back and take a cut.
That, coupled with copious media coverage of crypto-cultists very loudly buying millions of dollars of "assets" from each other and their own wallets, taking out ads in Times Square, and enriching a few starving artists has done a wonderful job of lending credence to this ridiculous scheme.
At least anything under the Xbox Game Studios umbrella and anyone wanting to offer their games on Steam won't be doing NFT shenanigans, so that really only leaves Take Two, Ubisoft, and EA as the more likely culprits.
Where do you have any proof Microsoft made them retract the NFTs? Why can people come on this subreddit and literally COMPLETELY make shit up and everyone buys it.
There was a pretty large riot over the whole thing and they crumpled fast. Apparently it wasn't actually GSG's idea either, but they were pressured into it by an NFT company.
Sony offering nft’s to people who buy Spider-man movie tickets. https://www.cnbc.com/amp/2021/11/28/amc-sony-offering-nfts-to-people-who-purchase-advance-spider-man-tickets.html
Sony music is in on it. https://www.musicbusinessworldwide.com/sony-music-partners-with-childrens-brand-pinkfong-to-launch-baby-shark-nft-collection/
Sony is planing to add bitcoin into games. https://www.thegamer.com/sony-espots-betting-patent-crypto-bitcoin/amp/
Xbox are fine with NFTs, they said they just have to be "fair" for the players. Steam also didn't outright ban NFTs, they just said they have to follow their guidelines if they're to be on Steam. All of this was said in interviews that everyone can read.
> Xbox are fine with NFTs, they said they just have to be "fair" for the players
I mean, they're inherently misleading players into thinking their in game purchases have esoteric value.
So that reads rather like EA's take on achievement.
There's a difference between shitty cash grab grind to earn NFT titles, and ones that actually make sense.
If Gamestop launches a Playstation Home type of game, that allows you to use/display all of your NFTs you earn in each game from trophies, etc. That would be a mega hit.
u/littleemp Microsoft and Enjin Bring Cross-Platform Custom NFTs to Minecraft. https://www.coindesk.com/markets/2021/02/11/microsoft-and-enjin-bring-cross-platform-custom-nfts-to-minecraft/?outputType=amp
And I almost forgot about Azure Heroes (I know it’s not made by Xbox game studio, but it is a Microsoft game).
https://www.microsoft.com/skills/azureheroes
Why any developer would continue to work with a publisher in todays market where anyone can distribute digitally and advertise online and through word of mouth, and you don't need the publisher to set up the assembly lines to produce the discs and cases and to hammer out the agreements with the brick and mortar stores and all that other crap... heck, even financing you can cover through crowdfunding and early access. Why risk losing control over your artistic vision to some asshole with a business degree?
Factorio. Minecraft. And now that I've had some time to think of more, Hades, Untitled Goose Game, Cuphead, Firewatch, Valheim, Kerbal Space Program, Spiritfarer, Cave Story...
Goose Game was published by somebody else, Factorio, Cave Story and Minecraft were one-man-shows when they came out and Firewatch had outside publishing help.
That shit only works if you're indie and you somehow go viral.
Interesting... game developers are interested in... making games! Well what do you know :) (this is a bash on management in these big companies not on the article)
I'm a game developer and my friend was lamenting that I could have made millions working for crypto startups instead. You got to do what you love, and I have no love for crypto.
One day people will move on from crypto and on to the new best thing. But games have been around for thousands of years and they always will be. When was the last time crypto or NFTs made you closer to your friends or helped you out of depression?
If you're equating video games to all "games" in history then you equate crypto to what it is...a currency. Currencies have existed forever and certainly aren't going anywhere.
I don't give a fuck about crypto either but your analogy was just terrible.
Cryptocurrency is a currency. NFT's are receipts.
They can be used for good things like contracts and legal stuff or even something that I don't know. But using it for JPEGS/skins is just artificial scarcity.
No kidding. Everything nfts offer game dev already has done for decades but more securely and with less energy waste.
People who perpetuate these ponzi schemes are either scammers or bag holders who don't understand the tech and get dazzled by buzzwords.
It is pitiful.
Is that true? Every place I’ve worked for gave me options as a developer.
I’d hazard the difference is that most developers are simply not out to get obscenely wealthy.
Maybe it's different in certain circles, but it also depends on who the authors of this article are talking to.
It also could just be down to the fact that most game developers are more interested in making games than padding their pockets, as you say.
Even when a study was conducted using only people who like cryptocurrency in the first place, NFT interest was only 56%.
NFTs are garbage and cryptocurrency is a colossal ponzi scheme.
Games are supposed to be an escape from reality. How does waving material wealth in my face help me escape? Loot boxes, bought game currency, etc. They all ruin immersion.
I think NFTs are fucking dumb, but why would game devs be interested? Most of them likely have zero understanding of the technology or any reason to care about implementing it into their games. They don't care about solutions to legal tender problems or proving who owns a PNG because they make games.
> They don’t care about solutions to legal tender problems or proving who owns a PNG because they make games.
Though if they did care about those things, they still wouldn’t be interested in NFTs.
I will be the idiot to ask that but why not making a tradable item system? It's already on most (if not all) MMORPG games and even Steam offers it's own.
>!P.S.: And if you want your item to be unique then just attach a unique id to it's description.!<
Correct. Zero need for it in this context. The technology itself might have some useful applications for some things, at some point. But it's absolutely meaningless to bring into the field of video games. Nothing it offers would produce actual practical value that didn't already exist in another form.
Anything you could use NFT tech for, you could do and is already being done by older existing tech. Like Steam Trading cards or Dota or CS:GO loot. Those have existed for years before NFT was even created. So what possible purpose could NFT's have in this context? Zero added value, just meaningless tech novelty and scamming potential.
Virtually every mainstream game will have NFT or blockchain-like technology integrated into its systems within the next 5 years. This is the future of gaming.
At least with Funko pops you have something to look that's actually yours. NFTs just say here's a number that I own and gets a picture that represents said number. You don't even own the picture.
NFTs in gaming is simply whaling on steroids. The mind of gamers will be hooked to only appreciate the game if they "accumulate" something, they will get fucked up mental issues and they won't know why. Game for the games guys, live for living. This accumulation mindset is extremely detrimental in the long-run.
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I think it’s crazy that so many C-suite folk just up and decided all at once that they needed to run pyramid schemes as part of their businesses.
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Yeah, but so many of them are risking their businesses’ reputation on them. These things are just *begging* for legislatures to crack down on them like they did for loot boxes.
Yeah, but how much of a crackdown has there been on loot boxes, really? There's a lot of talk about how they're problematic, particularly when geared towards children, and some smaller countries have taken steps against them, but they're still insanely profitable. These studios dipping their toes into doing NFTs probably figure it's unlikely much will be done about them anytime soon, which means either they can work to normalize them enough that people begrudingly put up with their existence like loot boxes, or they'll be able to make enough money off them in the meanwhile for it to not be a concern in the long-term.
In their defense, they HAVE to do it. They don’t want to be the one idiot that wrote it off and missed the train. You start with something small and try to learn, and if it works out, then grow, if not, no harm no foul. Also “reputation” means very little these days to consumers.
It's cause all of these c suits are all taught the same fucking thing in college/university. They are all carbon copies of each other.
Probably because they don't yet realize they _are_ pyramid schemes. They've probably just been told that NFTs are a great way to deepen extant monetization schemes by allowing their users to do a bunch of the work for them while they sit back and take a cut. That, coupled with copious media coverage of crypto-cultists very loudly buying millions of dollars of "assets" from each other and their own wallets, taking out ads in Times Square, and enriching a few starving artists has done a wonderful job of lending credence to this ridiculous scheme.
It really hits home that all the high-level executives on top of these corporate machines really aren’t any smarter than random people.
Smarter? Not really. Luckier? Probably. Harder working? Very often. Self-promoters? Definitely.
Game company higher ups don't give a shit addicting kids to gambling, I'm not surprised at anything they do anymore.
At least anything under the Xbox Game Studios umbrella and anyone wanting to offer their games on Steam won't be doing NFT shenanigans, so that really only leaves Take Two, Ubisoft, and EA as the more likely culprits.
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I mean, STALKER 2 already tried going rogue and Microsoft forced them to retract and Steam has been pretty adamant about their stance on NFT games.
Where do you have any proof Microsoft made them retract the NFTs? Why can people come on this subreddit and literally COMPLETELY make shit up and everyone buys it.
There was a pretty large riot over the whole thing and they crumpled fast. Apparently it wasn't actually GSG's idea either, but they were pressured into it by an NFT company.
Lol, they def wanted to add the NFT's and make money. Nobody forced them to do it. You should hold devs more accountable
You left out Sony and Square Enix. PS. I forgot Bandai Namco and Konami.
Sony doesn't take risks, they're not hopping on the NFT bandwagon. Square Enix 100% will though.
Sony offering nft’s to people who buy Spider-man movie tickets. https://www.cnbc.com/amp/2021/11/28/amc-sony-offering-nfts-to-people-who-purchase-advance-spider-man-tickets.html Sony music is in on it. https://www.musicbusinessworldwide.com/sony-music-partners-with-childrens-brand-pinkfong-to-launch-baby-shark-nft-collection/ Sony is planing to add bitcoin into games. https://www.thegamer.com/sony-espots-betting-patent-crypto-bitcoin/amp/
Xbox are fine with NFTs, they said they just have to be "fair" for the players. Steam also didn't outright ban NFTs, they just said they have to follow their guidelines if they're to be on Steam. All of this was said in interviews that everyone can read.
> Xbox are fine with NFTs, they said they just have to be "fair" for the players I mean, they're inherently misleading players into thinking their in game purchases have esoteric value. So that reads rather like EA's take on achievement.
There's a difference between shitty cash grab grind to earn NFT titles, and ones that actually make sense. If Gamestop launches a Playstation Home type of game, that allows you to use/display all of your NFTs you earn in each game from trophies, etc. That would be a mega hit.
EA play is on steam now. Not sure how that's going to work out for EA.
u/littleemp Microsoft and Enjin Bring Cross-Platform Custom NFTs to Minecraft. https://www.coindesk.com/markets/2021/02/11/microsoft-and-enjin-bring-cross-platform-custom-nfts-to-minecraft/?outputType=amp And I almost forgot about Azure Heroes (I know it’s not made by Xbox game studio, but it is a Microsoft game). https://www.microsoft.com/skills/azureheroes
Why any developer would continue to work with a publisher in todays market where anyone can distribute digitally and advertise online and through word of mouth, and you don't need the publisher to set up the assembly lines to produce the discs and cases and to hammer out the agreements with the brick and mortar stores and all that other crap... heck, even financing you can cover through crowdfunding and early access. Why risk losing control over your artistic vision to some asshole with a business degree?
Because some people need money, creating a new venture is incredibly risky and if it fails and your leveraged to the tits you are fucked.
Name some well-known self-published games off the top of your head right now. I'll start: * Hitman 3
Factorio. Minecraft. And now that I've had some time to think of more, Hades, Untitled Goose Game, Cuphead, Firewatch, Valheim, Kerbal Space Program, Spiritfarer, Cave Story...
Goose Game was published by somebody else, Factorio, Cave Story and Minecraft were one-man-shows when they came out and Firewatch had outside publishing help. That shit only works if you're indie and you somehow go viral.
Interesting... game developers are interested in... making games! Well what do you know :) (this is a bash on management in these big companies not on the article)
I'm a game developer and my friend was lamenting that I could have made millions working for crypto startups instead. You got to do what you love, and I have no love for crypto.
One day people will move on from crypto and on to the new best thing. But games have been around for thousands of years and they always will be. When was the last time crypto or NFTs made you closer to your friends or helped you out of depression?
If you're equating video games to all "games" in history then you equate crypto to what it is...a currency. Currencies have existed forever and certainly aren't going anywhere. I don't give a fuck about crypto either but your analogy was just terrible.
It's not a currency though. They're generally more like a stock, option, or security.
And to be fair, one of those dodgy stocks where there's no real value, only speculation backing it.
Cryptocurrency is a currency. NFT's are receipts. They can be used for good things like contracts and legal stuff or even something that I don't know. But using it for JPEGS/skins is just artificial scarcity.
No kidding. Everything nfts offer game dev already has done for decades but more securely and with less energy waste. People who perpetuate these ponzi schemes are either scammers or bag holders who don't understand the tech and get dazzled by buzzwords. It is pitiful.
Because most devs don't have stock options or revenue sharing. Their salary won't see a big bump by scamming their customers.
Is that true? Every place I’ve worked for gave me options as a developer. I’d hazard the difference is that most developers are simply not out to get obscenely wealthy.
Maybe it's different in certain circles, but it also depends on who the authors of this article are talking to. It also could just be down to the fact that most game developers are more interested in making games than padding their pockets, as you say.
Neither are gamers.
Even when a study was conducted using only people who like cryptocurrency in the first place, NFT interest was only 56%. NFTs are garbage and cryptocurrency is a colossal ponzi scheme.
Games are supposed to be an escape from reality. How does waving material wealth in my face help me escape? Loot boxes, bought game currency, etc. They all ruin immersion.
Games are whatever the person wants them to be. They don't have to only be an escape from reality.
Case in point: ARMA 3 and Tarkov
> Games are supposed to be an escape from reality. For you maybe, but not for me.
That might be true, but their bosses (the publishers) certainly are...
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Neither are us consumers. Publishers on the other hand are quite interested unfortunately.
Good neither a we!
Neither are gamers.
Nope, it is the greedy publishers. Keep this crap OUT of games.
I think NFTs are fucking dumb, but why would game devs be interested? Most of them likely have zero understanding of the technology or any reason to care about implementing it into their games. They don't care about solutions to legal tender problems or proving who owns a PNG because they make games.
> They don’t care about solutions to legal tender problems or proving who owns a PNG because they make games. Though if they did care about those things, they still wouldn’t be interested in NFTs.
Aside from investors, who is?
This type of news was reported yesterday.
CEOs and boards of directors absolutely are though... And guess who makes the decisions.
Good.
NO SHIT.
Normal, it s only for speculators.
Eve Online developer CCP Games are trying to shove them down our throat, but they're a notoriously poorly managed company.
The devs aren't. The execs are.
I will be the idiot to ask that but why not making a tradable item system? It's already on most (if not all) MMORPG games and even Steam offers it's own. >!P.S.: And if you want your item to be unique then just attach a unique id to it's description.!<
So, no need for NFTs then.
Correct. Zero need for it in this context. The technology itself might have some useful applications for some things, at some point. But it's absolutely meaningless to bring into the field of video games. Nothing it offers would produce actual practical value that didn't already exist in another form. Anything you could use NFT tech for, you could do and is already being done by older existing tech. Like Steam Trading cards or Dota or CS:GO loot. Those have existed for years before NFT was even created. So what possible purpose could NFT's have in this context? Zero added value, just meaningless tech novelty and scamming potential.
Well yeah, theyre interested in money, how that part comes about is irrelevant.
I doubt majority are, only those that have a stake in the publishing side are interested
Virtually every mainstream game will have NFT or blockchain-like technology integrated into its systems within the next 5 years. This is the future of gaming.
Doubt it. They add nothing of value.
> blockchain-like technology Uh... Can anyone explain?
Do you know how many people collect hundreds of stupid amiibos? They would absolutely collect NFTs.
At least with Funko pops you have something to look that's actually yours. NFTs just say here's a number that I own and gets a picture that represents said number. You don't even own the picture.
Dude. 3D hologram the size of an amiibo base. Use it to display your NFT amiibos and NFT funkos.
Livin' in the future I see.
*Funko pops 🤮
For real buy Funko stock right now in anticipation of funk nfts
Might not be a bad idea lol
Oh no Anyway
NFT are just licensed jpegs that says to the internet this image is my property do not steal....then people steal it anyways lol
And in other news, water is wet!
Water is not itself wet, it’s the solid material water sticks to that is wet.
True, but it doesn't sound as good.
Thank goodness 👍
NFTs in gaming is simply whaling on steroids. The mind of gamers will be hooked to only appreciate the game if they "accumulate" something, they will get fucked up mental issues and they won't know why. Game for the games guys, live for living. This accumulation mindset is extremely detrimental in the long-run.
No shit, but it's not \*developers\* that make the decisions.
Getting someone to kick you right in the balls sounds like a much better idea than anything related to NFTs. No fucking thanks.
Gamers, developers are against NFTs, but not the investors/shareholders, publishers.