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SvennoJ said:
ZyroXZ2 said:

Here's the thing though: where did that massive $$$ thing start?  It's not like companies are known for investing in blue ocean concepts (that's mostly Nintendo, for better or worse).  The data had to be somewhere, and I just don't get where this massive influx of money is coming from that is getting so many companies on board with it...

I've been VERY tempted to do a video on this and take some time digging around, but then I'm like, "doesn't that just make more publicity for it", and yet here I am still pondering the whole damned thing lmao

I'm scratching my head as well. Maybe they want to replicate the success of Skylanders/Lego figures/Amiibos in digital form. Maybe they want to replicate the success of auctioning of movie / tv show props (is it successful, don't know) in digital form.

You used to get concept art, 3D models etc with games (Tlou2 has an amazing art gallery included). Perhaps someone convinced them all that stuff is worth a lot of money in NFT form. Like selling movie cells from animated movies.

Maybe it's the push against and regulation of loot boxes that's behind this shift to NFTs. An alternative way to catch the whales.

The success of selling expensive ships by Star Citizen did not go unnoticed either. Perhaps this is an attempt to tap into that 'collectors' market.


Fact is, blockchain has been losing momentum. Transaction volume last peaked on April 30 2019 at 440K transactions that day. Since then it's been generally going down to 265K transactions a day currently. And it had a low of 172K on July 3rd last year. To me it seems, this NFT push is to put life back in to the pyramid scheme. The big players must be lobbying to get NFTs in wide circulation.

For as much as its losing momentum, many people figure out ways to profit off of it.  Sometimes, I just wonder if I'm the old fogey... lol



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