Current Events > Who are NFTs even for?

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TheGoldenEel 02/01/22 3:51:49 PM #1:	I keep seeing companies, specifically video game companies, tarnishing their reputation by entering the NFT market. specifically inspired to ask this question because Team17 just announced theyre partnering to sell Worms NFTs and a bunch of the developers they publish are revolting against them over it https://www.eurogamer.net/articles/2022-01-31-team17-announces-environmentally-friendly-worms-nfts like, what is the market for a freaking Worms NFT, and why do big companies keep trying to push this as a thing even though every company thats announced them has been bombarded with negative reaction? what is the endgame with this? Do people really buy these hastily made collectible images of video game characters? --- BLACK LIVES MATTER Games: http://backloggery.com/wrldindstries302 \\ Music: http://www.last.fm/user/DrMorberg/ <cite>TheGoldenEel posted [p:962277526] in Who are NF... [t:79879854]...</cite> <quote>I keep seeing companies, specifically video game companies, tarnishing their reputation by entering the NFT market. specifically inspired to ask this question because Team17 just announced theyre partnering to sell Worms NFTs and a bunch of the developers they publish are revolting against them over it https://www.eurogamer.net/articles/2022-01-31-team17-announces-environmentally-friendly-worms-nfts like, what is the market for a freaking Worms NFT, and why do big companies keep trying to push this as a thing even though every company thats announced them has been bombarded with negative reaction? what is the endgame with this? Do people really buy these hastily made collectible images of video game characters? </quote> ... Copied to Clipboard!
Turbam 02/01/22 3:52:02 PM #2:	Me --- ~snip (V)_(;,;)_(V) snip~ I'm just one man! Whoa! Well, I'm a one man band! https://imgur.com/p9Xvjvs <cite>Turbam posted [p:962277532] in Who are NF... [t:79879854]...</cite> <quote>Me </quote> ... Copied to Clipboard!
OudeGeuze 02/01/22 3:52:32 PM #3:	For people with more money than sense. <cite>OudeGeuze posted [p:962277542] in Who are NF... [t:79879854]...</cite> <quote>For people with more money than sense. </quote> ... Copied to Clipboard!
Rathinor 02/01/22 3:53:00 PM #4:	Idiots and money launderers mostly <cite>Rathinor posted [p:962277558] in Who are NF... [t:79879854]...</cite> <quote>Idiots and money launderers mostly </quote> ... Copied to Clipboard!
Master_Bass 02/01/22 3:53:43 PM #5:	Rathinor posted... Idiots and money launderers mostly --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:962277576] in Who are NF... [t:79879854]...</cite> <quote>Rathinor posted... </cite> <quote>Idiots and money launderers mostly</quote> </quote> ... Copied to Clipboard!
TheGoldenEel 02/01/22 3:55:35 PM #6:	Rathinor posted... Idiots and money launderers mostly Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series? --- BLACK LIVES MATTER Games: http://backloggery.com/wrldindstries302 \\ Music: http://www.last.fm/user/DrMorberg/ <cite>TheGoldenEel posted [p:962277611] in Who are NF... [t:79879854]...</cite> <quote>Rathinor posted... </cite> <quote>Idiots and money launderers mostly</quote>Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series? </quote> ... Copied to Clipboard!
KamenRiderBlade 02/01/22 3:57:48 PM #7:	Rathinor posted... Idiots and money launderers mostly QFT --- Are you a MexiCAN or a MexiCAN'T - Johnny Depp '*Once Upon A Time in Mexico*' <cite>KamenRiderBlade posted [p:962277662] in Who are NF... [t:79879854]...</cite> <quote>Rathinor posted... </cite> <quote>Idiots and money launderers mostly</quote>QFT </quote> ... Copied to Clipboard!
HagenEx 02/01/22 3:58:27 PM #8:	NFThesenuts. --- PWB's #1 Bad Bunny Mark <cite>HagenEx posted [p:962277679] in Who are NF... [t:79879854]...</cite> <quote>NFThesenuts. </quote> ... Copied to Clipboard!
CyricZ 02/01/22 3:58:51 PM #9:	I gotta imagine it was a complete myopia for Team17. Their execs must have just not seen the blowback towards Ubi, not been paying attention to the news wires on this. Like Ubi, they had a money guy (either internal financial, or more likely, another young C-suite guy who follows financial trends) and listened to them, saw the quick rake, and went for it. I can almost guarantee none of the developers, designers, programmers, any of those people were onboard. --- CyricZ He/him <cite>CyricZ posted [p:962277687] in Who are NF... [t:79879854]...</cite> <quote>I gotta imagine it was a complete myopia for Team17. Their execs must have just not seen the blowback towards Ubi, not been paying attention to the news wires on this. Like Ubi, they had a money guy (either internal financial, or more likely, another young C-suite guy who follows financial trends) and listened to them, saw the quick rake, and went for it. I can almost guarantee none of the developers, designers, programmers, any of those people were onboard. </quote> ... Copied to Clipboard!
Rathinor 02/01/22 3:58:54 PM #10:	TheGoldenEel posted... Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series? I'd say the overlap is very small <cite>Rathinor posted [p:962277688] in Who are NF... [t:79879854]...</cite> <quote>TheGoldenEel posted... </cite> <quote>Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series?</quote>I'd say the overlap is very small </quote> ... Copied to Clipboard!
UnholyMudcrab 02/01/22 4:03:43 PM #11:	Companies are getting involved with NFTs because it's basically free money. They cost practically nothing to set up, and you just need to find a few idiots out there who are willing to fork over thousands for a URL. --- http://i.imgur.com/VeNBg.gif http://i.imgur.com/gd5jC8q.gif http://i.imgur.com/PKIy7.gif http://i.imgur.com/3p29JqP.gif <cite>UnholyMudcrab posted [p:962277804] in Who are NF... [t:79879854]...</cite> <quote>Companies are getting involved with NFTs because it's basically free money. They cost practically nothing to set up, and you just need to find a few idiots out there who are willing to fork over thousands for a URL. </quote> ... Copied to Clipboard!
KamenRiderBlade 02/01/22 4:10:56 PM #12:	CyricZ posted... I can almost guarantee none of the developers, designers, programmers, any of those people were onboard. Yet, none of the decision making goes through the developers, designers, programmers who would've told them it's a DUMB IDEA. --- Are you a MexiCAN or a MexiCAN'T - Johnny Depp '*Once Upon A Time in Mexico*' <cite>KamenRiderBlade posted [p:962278022] in Who are NF... [t:79879854]...</cite> <quote>CyricZ posted... </cite> <quote>I can almost guarantee none of the developers, designers, programmers, any of those people were onboard.</quote>Yet, none of the decision making goes through the developers, designers, programmers who would've told them it's a DUMB IDEA. </quote> ... Copied to Clipboard!
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monkmith 02/01/22 4:23:00 PM #14:	TheGoldenEel posted... Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series? https://gamefaqs.gamespot.com/a/user_image/8/6/5/AAD2RLAAC4DJ.jpg --- Taarsidath-an halsaam. Quando il gioco e finito, il re e il pedone vanno nella stessa scatola <cite>monkmith posted [p:962278342] in Who are NF... [t:79879854]...</cite> <quote>TheGoldenEel posted... </cite> <quote>Ok but what is the Venn diagram of these people and people who are super fans of the Worms video game series?</quote>https://gamefaqs.gamespot.com/a/user_image/8/6/5/AAD2RLAAC4DJ.jpg </quote> ... Copied to Clipboard!
CyricZ 02/01/22 4:23:34 PM #15:	So on that note: https://twitter.com/Team17/status/1488618187109408780 I'm gonna say that strengthens my theory about the execs just wanting to go go go on this and then EVERYONE at the company was like WHAT ARE YOU DOING. --- CyricZ He/him <cite>CyricZ posted [p:962278362] in Who are NF... [t:79879854]...</cite> <quote>So on that note: https://twitter.com/Team17/status/1488618187109408780 I'm gonna say that strengthens my theory about the execs just wanting to go go go on this and then EVERYONE at the company was like WHAT ARE YOU DOING. </quote> ... Copied to Clipboard!
Lost_All_Senses 02/01/22 4:25:10 PM #16:	It's another way for the rich to get get richer by selling dreams to not rich people. A few poor people will come up and rub it in people's faces, which will make it even easier to manipulate the masses of the rest. --- Name checks out "I don't wanna be the toughest, I just keep it 100 and think nothin of it"- Black Thought <cite>Lost_All_Senses posted [p:962278403] in Who are NF... [t:79879854]...</cite> <quote>It's another way for the rich to get get richer by selling dreams to not rich people. A few poor people will come up and rub it in people's faces, which will make it even easier to manipulate the masses of the rest. </quote> ... Copied to Clipboard!
Cocytus 02/01/22 4:28:07 PM #17:	I just hope it's not some new shit that turns out to be a gold mine and I miss out on the ground floor again. <cite>Cocytus posted [p:962278479] in Who are NF... [t:79879854]...</cite> <quote>I just hope it's not some new shit that turns out to be a gold mine and I miss out on the ground floor again. </quote> ... Copied to Clipboard!
Cocytus 02/01/22 4:28:50 PM #18:	monkmith posted... https://gamefaqs.gamespot.com/a/user_image/8/6/5/AAD2RLAAC4DJ.jpg Interesting diagram. <cite>Cocytus posted [p:962278505] in Who are NF... [t:79879854]...</cite> <quote>monkmith posted... </cite> <quote>https://gamefaqs.gamespot.com/a/user_image/8/6/5/AAD2RLAAC4DJ.jpg</quote>Interesting diagram. </quote> ... Copied to Clipboard!
Antifar 02/01/22 4:30:36 PM #19:	At the company level, I don't know if this stuff is even out of a belief that customers want or will want it. Rather, NFTs and block chain are buzzwords they can feed to investors hungry for endless growth. --- kin to all that throbs <cite>Antifar posted [p:962278552] in Who are NF... [t:79879854]...</cite> <quote>At the company level, I don't know if this stuff is even out of a belief that customers want or will want it. Rather, NFTs and block chain are buzzwords they can feed to investors hungry for endless growth. </quote> ... Copied to Clipboard!
SydneySweenHero 02/01/22 4:31:04 PM #20:	idiots or money launderers --- NeonOctopus's Alt #7 >_> <cite>SydneySweenHero posted [p:962278567] in Who are NF... [t:79879854]...</cite> <quote>idiots or money launderers </quote> ... Copied to Clipboard!
creativerealms 02/01/22 4:33:21 PM #21:	Rich people with too much money. And people who want to be rich who are easily scammed. --- Occam's razor: The simplest solution (answer) is most likely the right one <cite>creativerealms posted [p:962278618] in Who are NF... [t:79879854]...</cite> <quote>Rich people with too much money. And people who want to be rich who are easily scammed. </quote> ... Copied to Clipboard!
Trumble 02/01/22 4:33:41 PM #22:	Theoretically, nerds. In practice, people who want to get rich quick. --- Anything is a Trumble if you're brave enough. <cite>Trumble posted [p:962278628] in Who are NF... [t:79879854]...</cite> <quote>Theoretically, nerds. In practice, people who want to get rich quick. </quote> ... Copied to Clipboard!
LordFarquad1312 02/01/22 4:36:07 PM #23:	Idiots --- El sexo sucio y el planeta limpio. "If you are tired of fear from links... Let Kirby's Nightmare protect you." <cite>LordFarquad1312 posted [p:962278695] in Who are NF... [t:79879854]...</cite> <quote>Idiots </quote> ... Copied to Clipboard!
008Zulu 02/01/22 4:43:49 PM #24:	They are for people to separate fools from their money. --- If you're not smart enough to survive, you are basically just food for something smarter. <cite>008Zulu posted [p:962278910] in Who are NF... [t:79879854]...</cite> <quote>They are for people to separate fools from their money. </quote> ... Copied to Clipboard!
Antifar 02/01/22 4:46:20 PM #25:	A useful article https://www.vice.com/en/article/xgdvnd/the-nft-ecosystem-is-a-complete-disaster Or consider some of the conclusions of a landmark October study published in Nature analyzing 6.1 million trades encompassing 4.7 million NFTs since 2017: the top ten percent of traders account for nearly 90 percent of all transactions, this group trades 97 percent of all NFTs at least once, and the greatest predictor of any NFTs value isnt its appearance but its previous price points. None of this sounds like a functional market so much as a mad grab for profit. ... As it stands, NFTs are useful primarily for pursuing enclosure: the explicit goal here is to turn every inch of our physical worldand any digital worldinto a place where nearly every experience and thing is quantified, commodified, and privatized. As a secondary purpose, NFTs currently facilitate a great deal of fraud, spam, theft, plagiarism, and also allow some retail investors to join in on the gambling typically reserved for the sludge that sits atop the pool of investors. As a tertiary purpose, they confer some benefits to some creators who are lucky, wealthy, or cynical enough to take advantage of them. --- kin to all that throbs <cite>Antifar posted [p:962278979] in Who are NF... [t:79879854]...</cite> <quote>A useful article https://www.vice.com/en/article/xgdvnd/the-nft-ecosystem-is-a-complete-disaster <quote>Or consider some of the conclusions of a landmark October study published in Nature analyzing 6.1 million trades encompassing 4.7 million NFTs since 2017: the top ten percent of traders account for nearly 90 percent of all transactions, this group trades 97 percent of all NFTs at least once, and the greatest predictor of any NFTs value isnt its appearance but its previous price points. None of this sounds like a functional market so much as a mad grab for profit. ... As it stands, NFTs are useful primarily for pursuing enclosure: the explicit goal here is to turn every inch of our physical worldand any digital worldinto a place where nearly every experience and thing is quantified, commodified, and privatized. As a secondary purpose, NFTs currently facilitate a great deal of fraud, spam, theft, plagiarism, and also allow some retail investors to join in on the gambling typically reserved for the sludge that sits atop the pool of investors. As a tertiary purpose, they confer some benefits to some creators who are lucky, wealthy, or cynical enough to take advantage of them. </quote> </quote> ... Copied to Clipboard!
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Current Events > Who are NFTs even for? (+) Yeah! (+)

Current Events > Who are NFTs even for?