What happens if the developer ceases supporting the game?
Does the crypto token nature of your video game asset provide you any meaningful "ownership" beyond just having an ordinary video game account?
I honestly have no idea what this means. It's word salad to me.
I honestly have no idea what this means. It's word salad to me. Can you try rephrasing it? The horse NFTs I have are mine. If the entire entity of Zed Run ceased to exist tomorrow I would assume it would be a lot like when NBA 2k12 took their servers offline 2 years after I bought the game. I had invested a lot of time and some money into it. It was a bummer they went offline, I moved on. Such is life.
This is wrong, and shows your complete and total ignorance of how NFTs and Crypto works. I'm not going to piss into the wind, which is what debating you on this topic is the equivalence of, but I just want you to know that this is a ******** statement.
Other than, of course, the NFTs that come with the physical artwork as well.
Then again, it doesn't really matter because they aren't designed to physically exist.
Do you yell at people that play MMOs like this too?
I mean, no **** lol That's exactly my point. That's why these repeated claims of "NFTs are x" are so ludicrous. NFTs aren't one thing. If coming here and blasting art NFTs gives you some sense of accomplishment, then have at it. I just like to pop in and correct the record so that, should someone new come read this, they don't just read complete bull **** all of the time.
I have absolutely no idea what happens, but given their partnerships and support, I am not that concerned. If it all disappeared I'd be out about $150. Which would be a bummer, but such is life. I'll burn that bridge should I ever come to it.
I honestly have no idea what this means. It's word salad to me. Can you try rephrasing it? The horse NFTs I have are mine. If the entire entity of Zed Run ceased to exist tomorrow I would assume it would be a lot like when NBA 2k12 took their servers offline 2 years after I bought the game. I had invested a lot of time and some money into it. It was a bummer they went offline, I moved on. Such is life.
I think the reason why gaming companies want NFTs is that it's a way monetize secondary market.
Most game these days don't allow any player to player trade. Object are not transferable. You can always sell the whole account, but some companies are even after that, IRL.
You can allow players to exchange objects in the game .. and they will trade them using real money .. but the company gets nothing out of it.
NFTs can be constructed in a way that the original creator get percentage of every subsequent resale of the item. That's what they were waiting all the time.
Of course there are also the 'traditional NFTs' .. like selling authorized artworks, limited series of sountrack .. which work basically the same as "art" NFTs. But that's not what NFTs in games are about IMHO.
This is all true, but this is the result of a policy decision by the game makers, not any technological impediment. These games could easily implement a cash market for in-game assets using non-crypto markets if they wanted to.
. . . . so we are back to only evil people favour cryptos.. . . . so we are back to money laundering the true reason crypto exists.
Since there are no legitimate uses for cryptocurrency that can't be facilitated via a credit card or other electronic funds transfers, and cryptocurrencies are magnets for fraud and are terribly destructive to the environment, the answer must be yes.. . . . so we are back to only evil people favour cryptos.
You mean should you be allowed to evade your taxes? I think the answer to that is no.Do you believe that the government should be able to monitor everything you do online (how about in real time)? What about every purchase you make?
. . . . so we are back to only evil people favour cryptos.
Do you believe that the government should be able to monitor everything you do online (how about in real time)? What about every purchase you make?
Oddly enough, cash still remains the most anonymous way to pay for your black tar heroin. The public ledger of Bitcoin is pretty much the exact opposite of anonymous.
Really? How easy or cheap is it to transfer say $10,000 to a relative in a different continent?Since there are no legitimate uses for cryptocurrency that can't be facilitated via a credit card or other electronic funds transfers, . . .
No, I mean the question that I actually asked. Of course, you wouldn't dare answer in the affirmative so you answered a strawman instead.You mean should you be allowed to evade your taxes?
Yes. Unless you're paying for childporn or hitmen or black tar heroin on the dark web you don't need secret underground money to do it.