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Rare_Buddy_3100 t1_iz63ygm wrote

Why is the gaming community so against NFTs?

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polycade OP t1_iz662vp wrote

I love this question because I think the real answer here is that there's a whole bunch of misunderstanding about what an NFT is.

Here's a few reasons gamers hate NFTs:

  1. Gamers smell scams from far away. Because the NFT space was wrought with scammers during the time that it was popularized in the media, NFT became synonymous with scams. It wasn't even about the tech...it was about how the tech was being used.
  2. NFTs were popularized by the idea of owning a jpg. This sounds really dumb at first and is a hard concept for anyone to understand, but it does actually make sense when you breakdown how IRL art really works. I'll have to find the link that helps explain this. Most gaming companies that jumped on the NFT wagon released collectible jpgs that had zero utility - to gamers this just felt like a cash grab.
  3. I think the dialog around NFTs and gaming was not well executed. Most proponents were talking about interoperability, which is a hard thing to make happen in most games - AAA studios wouldn't do it, and gamers know this. IMHO, the dialog should have been focused around the ability to sell your earned digital goods (this was discussed, but not the center of the conversation).
  4. Lastly, during the chip shortage of 2020 and 2021, crypto miners were snatching up all of the graphics cards on the market. This drove up GPU prices and basically made it so that gamers could not buy graphics cards, so gamers developed a unique dislike for crypto in general.
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