Release [Chaosium] Call of Cthulhu arrives on digital collectable app VeVe


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Parmandur

Book-Friend
NFTs are not scams or pyramid schemes. They are, IMO, a fad and likely a bad investment idea . . . but not scams.

The environmental issue is real, although I'm not convinced their environmental impact is greater than anything else in modern society. And folks are already working on different methods of delivery for both cryptocurrency and NFTs that will have less of an environmental impact.

I don't see the appeal or sense of NFTs, I am uncomfortable with their current environmental impacts, and I won't be purchasing these or any other NFTs or crypto-anything . . . but no, not scams. Just bad ideas.
I mean, it literally is a Ponzi scheme with a tech veneer
 

Parmandur

Book-Friend
NFTs are not scams or pyramid schemes. They are, IMO, a fad and likely a bad investment idea . . . but not scams.

The environmental issue is real, although I'm not convinced their environmental impact is greater than anything else in modern society. And folks are already working on different methods of delivery for both cryptocurrency and NFTs that will have less of an environmental impact.

I don't see the appeal or sense of NFTs, I am uncomfortable with their current environmental impacts, and I won't be purchasing these or any other NFTs or crypto-anything . . . but no, not scams. Just bad ideas.
Just to add, I don't mean that all crypto is a pyramid scheme, Doge Coin is legitimate, of all things. But NFTs, specifically, are a pyramid scheme wearing a Crypto suit to seem sophisticated.
 

Just saw this tweet from two weeks ago. Looks like they have no interest in stopping. Sad news.


For anyone who wants a better understanding of NFTs, I would encourage you to watch the Folding Ideas documentary on it. It's quite long, but it's one of the best videos I've seen on the subject and on YouTube in general in quite some time:

 


eyeheartawk

#1 Enworld Jerk™
It's only a matter of time until we get dnd nfts
Very possible. Hasbro is the right type of conglomerate who would see very easy profits and damn the torpedoes.

But then, If and when that happens, I expect most of this board to dunk on them for that too. Not to mention the rest of dnd internet.
 
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Greggy C

Adventurer
Supporter
I can see the value of an electronic piece of art that only you, the owner, can display digitally at high resolution. Everyone else has a poopy screenshot. All depends on how much you love that painting. I never played Call of Cthulhu so it doesn't mean anything to me.
 


theliel

Explorer
I can see the value of an electronic piece of art that only you, the owner, can display digitally at high resolution. Everyone else has a poopy screenshot. All depends on how much you love that painting. I never played Call of Cthulhu so it doesn't mean anything to me.
That's not how NFTs work. Your idea would at least have some value.

Because The Blockchain is 100% public facing, and everything you are purchasing must be in the token (stored on the blockchain) everyone has access to the high resolution jpeg.

You could, if you wanted to, create a storage portal that attaches an NFT to an account and then that account has access to the high quality item. But now you're building a custom storefront to serve images, and the NFT/crypto/Blockchain angle is 110% superfluous - as demonstrated by the fact that the Associated Press (AP) has been doing exactly what you said for a few years now, all without NFTs/Blockchain.

The only thing the blockchain adds is new ways for your items to be stolen.
 

Greggy C

Adventurer
Supporter
That's not how NFTs work. Your idea would at least have some value.

Because The Blockchain is 100% public facing, and everything you are purchasing must be in the token (stored on the blockchain) everyone has access to the high resolution jpeg.

You could, if you wanted to, create a storage portal that attaches an NFT to an account and then that account has access to the high quality item. But now you're building a custom storefront to serve images, and the NFT/crypto/Blockchain angle is 110% superfluous - as demonstrated by the fact that the Associated Press (AP) has been doing exactly what you said for a few years now, all without NFTs/Blockchain.

The only thing the blockchain adds is new ways for your items to be stolen.
Yeah thats hot garbage. The greed of man.
 

theliel

Explorer
Yeah thats hot garbage. The greed of man.
If you ever feel confused about NFTs or Cryptocurrencies (NFTs are a use case for Cryptocurrency and require an associated cryptocurrency to work with) just know that this is intentional.

Like all good conmen and grifters, they know that complexity is the best place to hide malfeasance.

Each individual part, when broken down, seems perfectly reasonable. It's only after you see the entire picture and can comprehend some of the 2nd order consequences does the scam start to come into picture.

This is why Dan Olson's/FoldingIdea's video is 2 hours and 18 minutes and not a minute is wasted and why he cut 3 hours of relevant material.

The complexity makes it so that those in on the con can always counter any criticism with minutia from another part of the scam and be technically correct, but doing so to deflect from the perfectly valid criticism.
 


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