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Is Evil Genius Games Doubling Down On NFTs & Blockchain?
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<blockquote data-quote="Faith Elisabeth Lilley" data-source="post: 9384456" data-attributes="member: 7044692"><p>Pretty much this.</p><p></p><p>Personally, I put my entire pay on freeze for over 3 months when Evil Genius Games was in financial trouble at the end of last year, to ensure the business could pay the employees who needed that money to pay their rent, buy food etc. To me, that's the way a good leader takes responsibility, even if the situation isn't their fault.</p><p></p><p>Having worked on the vision, design, and architecture for the Evil Genius Games tech offerings (I was in a joint CPO/CTO role), I can confidently state that to you that there is nothing—absolutely zero—to be gained by using blockchain technology to implement any of the ideas that Dave Scott articulated.</p><p></p><p>All of the ideas around owning specific, rare content, can be fully solved with a standard, proprietary database instead of NFTs. Honestly though, that sort of scarcity model is just akin to loot boxes in video games (also a grift designed to extort money from consumers).</p><p></p><p>Worse, utilising blockchain would be significantly more resource intensive and carry much higher transaction costs, resulting in a significantly higher operating cost to run, translating into higher coats for consumers.</p><p></p><p>As others have mentioned above, Web3 is a dead technology. It's been around for a decade now. Given how fast technology accelerates and products reach the market, if there were legitimate use cases for web3 tech, then Google, Amazon, Microsoft, IBM etc would all have major products that used that technology. Just try naming a full web3 product from a major tech company.</p><p></p><p>What they do however is serve that technology up to others who wish to build web3 products using the tech. The primary purpose for these is to convince VCs to invest money into building something that has the appearance of success, and to possibly generate an exit and sell the company at a profit before people realise it's worthless.</p><p></p><p></p><p><em>For avoidance of doubt, I am entirely against any form of blockchain technology, whether it's crypto, NFTs or other. Same with using generative AI to replace artists and writers - no thanks. I'm also against using micro transactions and artificial scarcity models ("there are only 5 of this digital product available").</em></p></blockquote><p></p>
[QUOTE="Faith Elisabeth Lilley, post: 9384456, member: 7044692"] Pretty much this. Personally, I put my entire pay on freeze for over 3 months when Evil Genius Games was in financial trouble at the end of last year, to ensure the business could pay the employees who needed that money to pay their rent, buy food etc. To me, that's the way a good leader takes responsibility, even if the situation isn't their fault. Having worked on the vision, design, and architecture for the Evil Genius Games tech offerings (I was in a joint CPO/CTO role), I can confidently state that to you that there is nothing—absolutely zero—to be gained by using blockchain technology to implement any of the ideas that Dave Scott articulated. All of the ideas around owning specific, rare content, can be fully solved with a standard, proprietary database instead of NFTs. Honestly though, that sort of scarcity model is just akin to loot boxes in video games (also a grift designed to extort money from consumers). Worse, utilising blockchain would be significantly more resource intensive and carry much higher transaction costs, resulting in a significantly higher operating cost to run, translating into higher coats for consumers. As others have mentioned above, Web3 is a dead technology. It's been around for a decade now. Given how fast technology accelerates and products reach the market, if there were legitimate use cases for web3 tech, then Google, Amazon, Microsoft, IBM etc would all have major products that used that technology. Just try naming a full web3 product from a major tech company. What they do however is serve that technology up to others who wish to build web3 products using the tech. The primary purpose for these is to convince VCs to invest money into building something that has the appearance of success, and to possibly generate an exit and sell the company at a profit before people realise it's worthless. [I]For avoidance of doubt, I am entirely against any form of blockchain technology, whether it's crypto, NFTs or other. Same with using generative AI to replace artists and writers - no thanks. I'm also against using micro transactions and artificial scarcity models ("there are only 5 of this digital product available").[/I] [/QUOTE]
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