Honestly? A grift.
Every Blockchain game currently circulating boils down to an alright game at best (woefully unfinished at worst), "micro"transactions up in the hundreds of dollars and if the Playerbase isn’t completely inexistent, they only care about peddling their NFTs onto the next greater fool in the hopes of making some money.
The people trying to sell you on the concept will make grandiose statements about “truly owning your in-game items” and even being able to use items from one game in another, when in reality the tech doesn’t really allow for this (not in the way commonly described), there is little incentive for games to do this, and in cases a Blockchain launched and then failed, NFT owners were left holding valueless items just like they would in a regular game.
Honestly? A grift.
Every Blockchain game currently circulating boils down to an alright game at best (woefully unfinished at worst), "micro"transactions up in the hundreds of dollars and if the Playerbase isn’t completely inexistent, they only care about peddling their NFTs onto the next greater fool in the hopes of making some money.
The people trying to sell you on the concept will make grandiose statements about “truly owning your in-game items” and even being able to use items from one game in another, when in reality the tech doesn’t really allow for this (not in the way commonly described), there is little incentive for games to do this, and in cases a Blockchain launched and then failed, NFT owners were left holding valueless items just like they would in a regular game.
If you ever wanna take a look at the current “offerings”, take a look at Jauwn’s channel. You quickly see it mostly boils down to empty promises and asset flips.
Appreciate the explanation! Makes sense. Anytime I hear the word Bitcoin or NFTs, my red flags shoot to attention.