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Will NFTs become a thing in poker? Will NFTs become a thing in poker?

12-05-2021 , 08:36 PM
Quote:
Originally Posted by PTLou Will NFTs become a thing in poker?
bunch of no name internet randos below , im sure you know more about gaming than they do

Do you not see the irony of quoting EA, a company famous for scamming people with slot machines in games telling their shareholders NFT will be great money maker for them.

I read the BBC article, and still there is no mention of how NFT will actually benefit gamers.
12-05-2021 , 08:50 PM
well as they say, I can explain it to you but I cant understand it for you.

When I start my new YouTube Channel "NFTs and Gaming for Dummies" please hit me up with like and subscribe.

Until then, I will concede, you are correct. There is no benefit of NFTs for gamers. they are gimmicky flash in the pan that will soon be gone.

calling the 1,8 million people playing axie right now and telling them to stop, cuz you have exposed the NFT Scam.
12-05-2021 , 08:59 PM
If you can't list out any reasons it will benefit gaming, I don't think there's any shame in that. You could know enough to be convinced it's a good thing without being able to articulate the reasons why point by point. If you can but are unwilling, that's unfortunate - I've actually gained some appreciation through this thread of how NFT artwork might make some sense, whereas before I thought the concept was ridiculous. Not that it's your job to educate me or others; I could read elsewhere if I wanted to and I'm sure I'll end up doing so at some point.
12-05-2021 , 09:03 PM
Quote:
Originally Posted by PTLou Will NFTs become a thing in poker?
well as they say, I can explain it to you but I cant understand it for you.

When I start my new YouTube Channel "NFTs and Gaming for Dummies" please hit me up with like and subscribe.

Until then, I will concede, you are correct. There is no benefit of NFTs for gamers. they are gimmicky flash in the pan that will soon be gone.

calling the 1,8 million people playing axie right now and telling them to stop, cuz you have exposed the NFT Scam.
As you're having trouble explaining any benefits of NFT for gaming, here's a few questions I have for you about Axie Infinity, as you are shilling them.

Do you think $1k average cost for a team is worth it?

Do you think the person who bought an Axie for 1.5m made a good investment?

The current market cap is 6 billion, how high do you think it will go?

Also I just noticed the value of their coin has dropped 10% today. From $160 to $100 over the last month. Are you going to be buying more whilst they are discounted?
12-05-2021 , 09:37 PM
Quote:
Originally Posted by Bobo Fett Will NFTs become a thing in poker?
If you can't list out any reasons it will benefit gaming, I don't think there's any shame in that. You could know enough to be convinced it's a good thing without being able to articulate the reasons why point by point. If you can but are unwilling, that's unfortunate - I've actually gained some appreciation through this thread of how NFT artwork might make some sense, whereas before I thought the concept was ridiculous. Not that it's your job to educate me or others; I could read elsewhere if I wanted to and I'm sure I'll end up doing so at some point.

Fair enough. Other benefits of NFTs to gamers would be a derivative of this primary use case.

Quote:
There are many reasons why the marriage of NFTs and video games is a match made in heaven. For one, In almost all previous models of online game communities, items that could be purchased were limited to use in that game via a single account. If a gamer’s account got stolen, disabled, or even if the user just became bored and moved on to another game, all the money they spent would disappear; it’s a reality many gamers have come to accept. This model has continued because there was no viable alternative — that was until NFTs came along and changed everything.

By making in-game items NFTs, players literally own and control what they buy, earn, or craft. It’s more than just being able to prove your character's new accessory is rare; it also means these items can be bought and sold on secondary markets, moved between multiple games, and allows players to retain the value that they put into these items in the first place.
https://www.finder.com/nft-gaming

then a bit of this

Quote:
How do NFT games differ from regular games?
Traditional gaming is usually broken down into mobile, console and PC categories. Each requires players to invest in expensive gaming equipment and in the games themselves as well as in any subsequent in-game experiences that are otherwise off-limits until further payment is made. This means that for the majority of regular games, monetary value is only flowing in one direction – to the developers.

NFT games allow for a much more expansive monetary system, with value flowing to developers, to players and between players. Built on the blockchain, NFT games allow for decentralized gaming platforms that allow player asset ownership. Players can actually own and trade in-game characters or accessories and utilize in-game cryptocurrencies. All transactions that take place are then recorded on the blockchain. This drives a much more transparent gaming economy for everyone.
12-05-2021 , 09:59 PM
Quote:
Originally Posted by PTLou Will NFTs become a thing in poker?
Fair enough. Other benefits of NFTs to gamers would be a derivative of this primary use case.



https://www.finder.com/nft-gaming

then a bit of this
Those are not problems that exist though.

If someone wanted to sell their World of Warcraft character, to buy Runescape gold, they can already do that. The infrastructure has been there for decades.

'Each requires players to invest in expensive gaming equipment and in the games themselves as well' - This is so untrue. It has never been cheaper to play games than it is today. You can build/buy a Raspberry Pi gaming system for like $30.
12-05-2021 , 10:18 PM
Quote:
Originally Posted by Bobo Fett Will NFTs become a thing in poker?
Not that it's your job to educate me or others; .
Bobo.

I dont want to respond to the other person but regarding selling your WOW character as they say people have been doing for years. Traditionally mmorg's like wow have always felt any transfer of anything in the game being converted to real money is the third rail and are blatantly against TOC.

Some Players want this.... NFT games embrace it.... NFT technologies enable it

The below screen shot summarizes the benefits to gamers of NFT games moreso than anything else could quote or type

mike drop



12-05-2021 , 10:24 PM
Quote:
Originally Posted by PTLou Will NFTs become a thing in poker?
Bobo.

I dont want to respond to the other person but regarding selling your WOW character as they say people have been doing for years. Traditionally mmorg's like wow have always felt any transfer of anything in the game being converted to real money is the third rail and are blatantly against TOC.

Some Players want this.... NFT games embrace it.... NFT technologies enable it

The below screen shot summarizes the benefits to gamers of NFT games moreso than anything else could quote or type

mike drop



It's against their T+C but people still do it, and it's very easy to do. How about Counter Strike GO skins, Roblox Robucks and TF2 skins? They allow players to sell for real cash without breaking T+C. Great mic drop bro
12-06-2021 , 02:32 AM
PT is right, Very clearly right actually. I explained some of the benefits for gamers in my last post. NFT will also change the casino gaming industry as a way to tokenized and gamify rewards systems. (no more kiosks you will simply have an NFT reward airdropped when you walk in or take your first spin at slots.) Collectible, tradeable and stackable casinos rewards.
12-06-2021 , 04:36 AM
If people developing gaming software choose to make secondary markets in accounts and addons against T and C then why would they allow it to be done through NFTs?

Quote:
Originally Posted by BrokeFish Will NFTs become a thing in poker?
PT is right, Very clearly right actually. I explained some of the benefits for gamers in my last post. NFT will also change the casino gaming industry as a way to tokenized and gamify rewards systems. (no more kiosks you will simply have an NFT reward airdropped when you walk in or take your first spin at slots.) Collectible, tradeable and stackable casinos rewards.
Do I get those benefits if I buy the NFT for ownership of a photo?

Last edited by LektorAJ; 12-06-2021 at 04:43 AM.
12-06-2021 , 05:39 AM
Quote:
Originally Posted by LektorAJ Will NFTs become a thing in poker?
If people developing gaming software choose to make secondary markets in accounts and addons against T and C then why would they allow it to be done through NFTs?



Do I get those benefits if I buy the NFT for ownership of a photo?
Really confused by your question. We were talking about the advantages of NFT for gamers. It would have 0 to do with "ownership of a photo" it's about tokenizing digital assets in that case.
12-06-2021 , 05:55 AM
Quote:
Originally Posted by PTLou Will NFTs become a thing in poker?
Bobo.

I dont want to respond to the other person but regarding selling your WOW character as they say people have been doing for years. Traditionally mmorg's like wow have always felt any transfer of anything in the game being converted to real money is the third rail and are blatantly against TOC.

Some Players want this.... NFT games embrace it.... NFT technologies enable it

The below screen shot summarizes the benefits to gamers of NFT games moreso than anything else could quote or type

mike drop



Thanks Lou, that was helpful. The first thing I was wondering, though, was this:

Quote:
Originally Posted by LektorAJ Will NFTs become a thing in poker?
If people developing gaming software choose to make secondary markets in accounts and addons against T and C then why would they allow it to be done through NFTs?
Although I thought about it the opposite way. If a game developer wanted to allow secondary markets, why do they need to do it through NFTs?
12-06-2021 , 06:13 AM
Quote:
Originally Posted by Bobo Fett Will NFTs become a thing in poker?
Thanks Lou, that was helpful. The first thing I was wondering, though, was this:


Although I thought about it the opposite way. If a game developer wanted to allow secondary markets, why do they need to do it through NFTs?
Bingo. Steam, the largest game distributor, have allowed secondary markets since 2013 in games sold on their platform. They also have a blanket ban on NFT.
12-06-2021 , 07:52 AM
Quote:
Originally Posted by Noobtard Will NFTs become a thing in poker?
Bingo. Steam, the largest game distributor, have allowed secondary markets since 2013 in games sold on their platform. They also have a blanket ban on NFT.
The reason they did this, in all likelihood.. is a concern about regulatory issues, securities etc. Because the world governments don't understand these technologies any better than you.
12-06-2021 , 07:53 AM
Quote:
Originally Posted by BrokeFish Will NFTs become a thing in poker?
The reason they did this, in all likelihood.. is a concern about regulatory issues, securities etc. Because the world governments don't understand these technologies any better than you.
"securities"
12-06-2021 , 08:03 AM
Quote:
Originally Posted by BrokeFish Will NFTs become a thing in poker?
The reason they did this, in all likelihood.. is a concern about regulatory issues, securities etc. Because the world governments don't understand these technologies any better than you.
I think the reason is because it would be terrible PR for them to greenlight pump and dump NFT scams masquerading as video games to their store front.
12-06-2021 , 10:46 AM
Quote:
Originally Posted by Bobo Fett Will NFTs become a thing in poker?
Thanks Lou, that was helpful. The first thing I was wondering, though, was this:


Although I thought about it the opposite way. If a game developer wanted to allow secondary markets, why do they need to do it through NFTs?
They certainly dont if all they want to be able to do is allow a player to sell a sword or skin or something. Legacy game makers have taken various stances on turning anything in game into real money.

For game makers that embrace the new P2E NFT model (in game goods having value outside game), smart contracts, blockchain tech (stuff that bitcoin and NFTs are built on) allow game makers to integrate the process more seamlessly into the game and make it MUCH easier to do. But use case does not stop with market for goods and P2E. For example staking and renting of your character is becoming a key feature of most new games coming on the market. all made much easier through smart contracts (i.e. NFTs) .

Is all the above possible with out smart contracts / blockchain/NFTs... yup. But so is building a house without the use of nail guns and just using hammers.

Aside from all the game play advantages. NFTs are a form of crowd sourcing for innovative start up gaming companies. Previously the big , established gaming companies controlled what was released to the market. Start up companies were far and few between due to inability for start up companies to put forth a credible plan to VCs who saw no way to outwit the established behemoths. With no start up capital and even the best innovations just sit in the lab

The amount of innovation coming into gaming now is a new era for gaming, partially enabled by the ability of small gaming studios to test ideas and gain customer followings in the form of selling prelaunch game related NFTs to fund development. Many of those project will fail. Some have already broken out and are blockbusters, more will follow. Quintessential power to the people... eff the big gaming studios sediment in the gaming space. The old established legacy game makers are sort of stuck.. classic innovators delimna.

all the above is very broad generalities to discuss general directions and trends and to give a better feel of what is happening in the space. But regardless what I or anyone else thinks about the merits of NFT gaming... it is here, it is big, and going to get much much bigger in 2022 and even bigger in 2023.
12-06-2021 , 12:08 PM
Anyone who is interested in a non-shill opinion on NFTs check out on youtube -

Thought Slime - The Grift Economy: Everything is a scam, always.

DuncanCantDie - Why NFTs Are Completely WORTHLESS
12-06-2021 , 01:20 PM
i expected nothing less from a 2p2 thread about a new technology (and its potential applications), that nobody full understands yet. people decide on their (extreme) position and post accordingly, in a defensive and childish manner, mostly stating their opinion as fact, thus not allowing for a constructive discussion and any learning effect on their or the other side.

only because you have identified scummy NFT projects, doesn't mean all NFT projects are scummy. only because you are yet to understand the tech, doesn't mean the tech simply delivers a "fancy" alternative. only because something is already in place, doesn't mean it can't be done better. on the other hand, only because you believe in something, doesn't mean it's the truth. only because you understand the benefits from decentralisation, doesn't mean centralisation is always worse and will eventually be replaced completely (it won't). only because you can find famous people who are in favour of something, doesn't mean you can't find famous people who are against it.

only thing i'll add of value is that in order to have a constructive discussion about the role of NFTs in gaming, you need to widen the scope of this thread and ask: "what can decentralisation do for gaming?". there are many arguments in favour of decentralisation and centralisation, as well as counter-arguments. both ways of setting up games will co-exist and in some cases interact, and whatever is optimal for a game and its customers will eventually realise. a lot of tech will stay centralised because it's better for customers. some stuff will be decentralised because it's better for customers.

it's important to understand that fungible tokens play a big role in decentralised games, for instance Axie (for Axie Infinity) and Mana (for Decentraland) - you can't just think of in-game items as NFTs to assess the situation.

DYOR - and avoid articles or videos that take an extreme position (like those two vid titles in the post above mine suggest) - they are wrong and highly subjective, independent of what side they are on.
12-06-2021 , 02:52 PM
Quote:
Originally Posted by samooth Will NFTs become a thing in poker?
i expected nothing less from a 2p2 thread about a new technology (and its potential applications), that nobody full understands yet. people decide on their (extreme) position and post accordingly, in a defensive and childish manner, mostly stating their opinion as fact, thus not allowing for a constructive discussion and any learning effect on their or the other side.

only because you have identified scummy NFT projects, doesn't mean all NFT projects are scummy. only because you are yet to understand the tech, doesn't mean the tech simply delivers a "fancy" alternative. only because something is already in place, doesn't mean it can't be done better. on the other hand, only because you believe in something, doesn't mean it's the truth. only because you understand the benefits from decentralisation, doesn't mean centralisation is always worse and will eventually be replaced completely (it won't). only because you can find famous people who are in favour of something, doesn't mean you can't find famous people who are against it.

only thing i'll add of value is that in order to have a constructive discussion about the role of NFTs in gaming, you need to widen the scope of this thread and ask: "what can decentralisation do for gaming?". there are many arguments in favour of decentralisation and centralisation, as well as counter-arguments. both ways of setting up games will co-exist and in some cases interact, and whatever is optimal for a game and its customers will eventually realise. a lot of tech will stay centralised because it's better for customers. some stuff will be decentralised because it's better for customers.

it's important to understand that fungible tokens play a big role in decentralised games, for instance Axie (for Axie Infinity) and Mana (for Decentraland) - you can't just think of in-game items as NFTs to assess the situation.

DYOR - and avoid articles or videos that take an extreme position (like those two vid titles in the post above mine suggest) - they are wrong and highly subjective, independent of what side they are on.
This is fair, and you are right I have been very one sided in my opinion.

There are some applications of NFT I think are cool. The ones where as an owner you also get a real life service, like a backstage pass at a show, or tutoring. NFT's are great for content creators to make a new source of income.

Some of these projects will also work in poker.

Main things I don't like are the crappy art and game projects
12-06-2021 , 03:27 PM
Quote:
Originally Posted by samooth Will NFTs become a thing in poker?
it's important to understand that fungible tokens play a big role in decentralised games, for instance Axie (for Axie Infinity) and Mana (for Decentraland) - you can't just think of in-game items as NFTs to assess the situation.
Would you mind actually assessing the situation then?
12-06-2021 , 03:58 PM
i consult for a number of gaming companies

they embrace nfts for the same reason they embraced in app purchases

zynga broke the mold when word got out that a few dozen whales on farmville spent over a 250k a year on virtual nails - after that, games shifted towards a model hoping that gave incentives for that random saudi prince who enjoyed your game to become 5% of your total revenue

nfts are no different as whales keep it afloat but the transactions are no longer private and embarrassing/shameful but badges that people use ie how many people now use an nft as their avatar on twitter and even 2p2 etc so there's a lot of runway for it because it's now includes status and "get rich" motivations besides having a sweet barn that nobody else but you will ever see and you probably wouldn't want too many people knowing how much money and time you've spent on that game

nfts are just a cash grab from the developers side of things, there's no ideological or "this the future" thing at play anymore than when companies started integrating in app purchases and downloadable content

i think there's definitely room for nfts, but in a decade most will be at zero

certain things have some historicity behind them, i don't think crypto punks will ever go to zero because they were the first big one and now a part of the cultural zeitgeist, but the thousands of copycats are doomed to fail imo unless they somehow catch lightning in a bottle and become part of the culture

things like playing cards featuring unlicensed and unofficial characters from a movie, while i personally think it's an interesting project, i don't see what makes it unique or special, imagine topshot without an nba partnership etc, there's nothing to stop me from creating my own teddy kgb card other than time/resources/execution and i think for that reason, while you're doing something interesting and something i genuinely think is neat (i would for sure like to have one but i'd treat it no differently than an interesting gif i found that decided to keep on my phone for regular usage in texting) I don't think it has any real value ie i would totally dm you on twitter for a free one but zero chance i'd ever buy one on opensea etc

but having said that, i think what you're doing actually has utility as a game and has some thought and artistic value behind it, unlike the "here's a photo i took without any talent for photography but it's an nft now so it should be worth something" which is just pure trash imo

i think a lot of it is driven by the newly minted cryptoaires who made a lot of speculative purchases in the first place that rewarded them so heavily that they are continuing along with it all
12-06-2021 , 05:21 PM
Thanks for that rick.

I was coming to conclusion that there are certainly places for nfts will be used in the future, but the vast majority of consumers and average joe investors aren't going to be better off, while big money and corporations will make bank.

I was reading about tickets being an obvious thing nfts are perfect for. Could just imagine Ticketmaster and Manchester City (2 names mentioned) salivating at the prospect of the extra 'fees' to nft-ify your buys.
12-06-2021 , 07:18 PM
Quote:
Originally Posted by thethethe Will NFTs become a thing in poker?

but the vast majority of consumers and average joe investors aren't going to be better off, while big money and corporations will make bank.

=.
actually the exact opposite. if you are talking NFT sales big money and corporations weren't involved at all at the beginning (gen art stuff) and are involved much less than you think even today. But yeah big companies will use any new technology to make money if they can. has nothing to to with NFTs per se big companies just gonna big company

stepping back from NFT to crypto, look at coinbase.com (Coinbase Valued at $86 Billion in ‘Landmark Moment’ for Crypto) this was started by a guy who at the time owned a laptop and had a online business that made him $1500/month selling tutorial services. I could go on.

I believe your assertion that NFTs are being brought about big evil companies to screw us all is simply not backed up the facts. Its actually the exact opposite.
12-07-2021 , 01:37 AM
Quote:
Originally Posted by thethethe Will NFTs become a thing in poker?
Thanks for that rick.

I was coming to conclusion that there are certainly places for nfts will be used in the future, but the vast majority of consumers and average joe investors aren't going to be better off, while big money and corporations will make bank.

I was reading about tickets being an obvious thing nfts are perfect for. Could just imagine Ticketmaster and Manchester City (2 names mentioned) salivating at the prospect of the extra 'fees' to nft-ify your buys.
https://www.patriots.com/news/nfl-to...ng-2021-season

This what you saw?

      
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