this post was submitted on 05 Apr 2024
114 points (97.5% liked)
Technology
39856 readers
317 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is such a tangent, but... yeah, no. Tokenized digital goods are tokenized digital goods. That's fundamentally different from indulgences (although those were pointless, too) and other instances of paying for imaginary things. Selling people mysitcal get out of jail free cards from the mystery sky man is a scam, but it's not a NFT.
When I say Steam had a NFT marketplace I don't mean it in a fuzzy, extended interpretation way as in "anything intangible you sell is a NFT", I mean it literally. Besides the nominal difference of where the token is stored the tech and the functionality are the same. Steam sure hoped their minable collectibles would become valuable when they introduced them with a stock price tracker attached right to them (and accidentally proved they'd never be when the drop to 0 of each and every single one became very obvious due to that same tracker). If you wanted to know how the crypto NFT bubble was gonna work, that was your 1:1 model right there.