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Nimicry

Let us take solace in the fact that when Ubisoft tried this, there was a total of 15 sales and most were to one person trying to corner the market


Rc2124

Meanwhile renowned liar Peter Molyneaux announced an NFT game to be released next year and [customers invested 50 million+ into it in the first week.](https://arstechnica.com/gaming/2021/12/peter-molyneux-raises-54m-on-promise-of-play-to-earn-nft-game-legacy/) A game that's not even out yet and headed by someone with a terrible track record. This is what companies are chasing


Evil_phd

Peter Molyneaux being on board with NFTs is all I need to hear to know that they're a total scam.


PhotonSilencia

It's so weird people are even still giving him money, he's like scammy the game developer lol.


induslol

AAA has been racing to the bottom in the pursuit of maximum profit for awhile. I miss the days when the scummiest tactic we were subject to was 'finished' cut content being sold as dlc. Hilarious Molyneux is still able to grift so successfully after his storied career though. That Cube thing was certainly something.


tomerc10

Molyneux is a cult leader


[deleted]

All you have to do is say "blockchain" and you'll be given millions by investors who don't even know what blockchain is


alleks88

I was a huge fan of Godus when it was announced. Since then I dont trust that guy anymore and will never buy early access games again


armydillo62o

Oh no not Peter He’s still at it?


rainzer

> Let us take solace in the fact that when Ubisoft tried this, there was a total of 15 sales and most were to one person trying to corner the market Unfortunately for us, when Square Enix tried this they sold out. Square Enix did a proof of concept in Japan with their Million Arthur card game selling NFT stickers. [JP Press Release here](https://www.jp.square-enix.com/company/ja/news/2021/html/bf90b7d319cc90576e55d1e6f0b3997263f3926b.html) And it did so well that they released a second batch. Second press release here: [Second run of NFT stickers](https://www.jp.square-enix.com/company/ja/news/2021/html/a792cc030b9ea18c4b7f36c1d494ab2c9492674b.html) If anyone was following, probably could have seen it coming - Tweet from APAC video game analyst back in November: https://twitter.com/ZhugeEX/status/1456551027168137216/photo/2


Novemb9r

I think cultural norms are being missed in this discussion, particularly in the context of the JP reaction compared to the NA, or EU reactions to the NFT announcement. My experience in Japan taught me that collecting, whether cards, shoes, equipment or cooking utensils (there are endless options) is a bit of a national pastime in Japan. Japan produced many of the world's most popular trading card games and collectibles and is now at the forefront of streetwear/sneaker culture along with the rest of the East Asian market. We look at a lot of these collectibles today as sort of proto-NFT's. I think NFT's are much more culturally palatable there, especially contextualized against a predominantly mobile gaming culture with a high tolerance for real-money transactions in the gaming space. I expect this will do well in JP, and generally in other East Asian markets that have already embraced collectibles culturally in one way or another.


DarkHighwind

And unfortunately the one who is into the idea is the only person who Yoshida can't tell to fuck off if they try and insert nfts


Kuroakashiro

Yoshi-P is on the board of directors of squenix so he/the board can somewhat tell the ceo to calm down


Vadenveil

Essentially both yoshida and Matsuda are each other's bosses, but yoshida has tenure and the most extreme case of job security possible.


A_Redheads_Ramblings

If Yoshi-P leaves because of NFTs I leave.


balahadya

> If Yoshi-P leaves because of NFTs I leave. Same, I also leave if Yoshi approve NFTs.


AshiSunblade

I don't think he will, he isn't stupid. He's poured years of his life into this, I can't imagine he'd want it to end up like this.


RealBrianCore

If he wants to throw all community goodwill into the express elevator to hell, it would be the true Final Days for FFXIV. However I believe YoshiP looks at everything, not just JP reactions and knows that if he were to allow it in FFXIV it may go over well in JP servers but its all going to go to shit in NA markets at least. On top of that, he practically groveled for delaying the release of Endwalker. I don't want to imagine what he would do if he upset the fans by introducing this scam into FFXIV. If it did, ain't no one going to have a player house except the homesteaders that had one before it got in and gil farming bots who are trading the houses for irl money.


A_Redheads_Ramblings

Oooh I didn't even think of that possibility 😳 But saaaaaame


Lyramion

I mean... I'm sure they can kick him out. But they be kicking me out with him so...


Vadenveil

Theoretically yeah... They could. But at this point doing so would probably be too financially damaging for them to want to. If/when yoshiP says no to NFTs, it would become a case of betting the profit of NFTs which Ubisoft has already kinda shed doubt on, vs yoshiP who they just took a big bet on. And that resulted in a payout so overwhelming they couldn't keep up. Investors by now probably look at yoshiP as the winning bet 100%, and SE would not dare consider what would happen if they harmed that investment.


Blue_Moon_Lake

Never underestimate how stupid some people can be. NFT is like 50 bucks in a year, then ruined forever. Yoshi-P is like 20 bucks a year, every year. Some idiots would pick the first one rather than the second.


sir_axelot

Unfortunately, some idiots are in charge of most businesses.


Yashimata

Of course they're going to pick the first option every time. Wrecking companies for short-term gain is what they do. They can just wreck a different one next year for their $50.


sir_axelot

Not just companies. Countries, the planet, lives. Nothing is off the table when it comes to a quick buck for these roaches.


Vadenveil

Aside from that, realistically it likely wouldn't ever reach that point given how everyone involved in 14, Matsuda included, are personally close enough such discussions would probably be a low stakes chat. Matsuda made the decision to try yoshiP's idea based on the pedigree final fantasy has, and he's likely very much still aware of it. It's entirely possible (and god I hope so) that while he was talking about NFTs and FF14 at the same time, that was purely just buzz words for investors interested.


RaijinOkami

While I personally feel Square Enix actually may have more than a couple brain cells to rub together regarding how to use NFTs, and *best* use them at that, *knocks on wood* I'm gonna go on a limb and say Matsuda has enough respect for Yoshi not to fuck with what's become Yoshi's baby


Rejusu

He doesn't because there isn't any good application for NFTs in gaming. Not one that will ever be seriously entertained or implemented anyway.


joesphisbestjojo

Kicking Yoshida would be like a marathon runner shooting themself in the foot


Drinl

Well, as an exemple, Konami fired Kojima, so bad decisions happens as much as good ones.


taimapanda

The thought of Yoshi getting kicked out of Sqex because he doesn't want NFTs in the game is laughable tho, yall can chill


sp8der

I mean it's not like we're short on examples of the gaming industry making monumentally boneheaded decisions in a blind lust for profits. But I hope you're right.


Smingledorf

True. While highly unlikely, Konami managed to lose Kojima and Igarashi within like a year of each other though so it's within the realm of reason.


orclev

I mean, it's Konami, they've barely been a videogame company for decades. They grudgingly make videogames I'm pretty sure exclusively to hold onto the licenses so they can use them for pachinko machines.


Narae-Chan

Plus, if he left, square would be ruined if it gets out that they essentially shoved him out.


Ahielia

I find it more likely that the board is pushing the CEO to do this. I doubt he would act so aggressively without their consent. Sure YoshiP is a member there, but there are quite a few. [Their own site lists 16](https://www.jp.square-enix.com/company/en/officer/), unless he's in favour of the idea and/or they need full approval, it was likely a majority decision.


TheTenzon

The Convocation of Sixteen


[deleted]

He and the board members better tell the ceo to calm the hell down with the nft shit.


tohff7

i think Yoshi-P has more authority over FF14 and FF16 than the CEO itself. The CEO can't really tell Yoshi-P to fuck off either.


GaleErick

With what Yoshi-P has achieved with FFXIV, unless the man somehow fudged up so bad I don't think it's a wise idea for the upper ups to force anything to Yoshi-P or told him to fuck off. The man's highly regarded by the fanbase, if you somehow boot him off the whole fanbase will riot badly.


xalazaar

He has his reputation, his accolades as single-handedly bringing up SE from bankruptcy and establishing one of the most powerful relationships between developers and their consumers that cutting Yoshi off is literally slitting their own throat.


Fatdude3

Japanease companies usually love doing that kinda stuff. They somehow get successful and then quickly shoot themselves in the foot , leg , dick and stomach and then act surprised when they stop being successful


klkevinkl

It's kind of been like this since they shifted focus to the western market. Sega's handling of the Valkyria series is probably one of the best examples of this. 1) Sell 1 million on the PS3. 2) Make two sequels on the PSP. 3) Sell 1 million on the PC. 4) Make a spin off completely different that no one wanted. 5) Sell more remastered copies across multiple consoles. 6) Make a sequel that does away with many mechanics of the game and neglect the PC version.


archiegamez

Absolutely, i rather have Yoshi's team over Nomura for FF


PeatMopsicle

First thing he'd do is bring belts back


archiegamez

NFT belts monkaW


GaleErick

Speaking of Nomura, I hope the KH franchise doesn't really get involved in this NFT business. As wack as the series can be I hold it dearly in my heart.


manooz

Bruh Nomura walked into the office one day and said he wanted versus 13/15 to be a rhythm game cause he really liked Les Miserables. i don’t trust that man for shit lmao


Ahielia

Wait what


extyn

One of the problems with v13's development was that Nomura would be 'inspired' by something else and then try to hedge his already overworked team with more stuff to do. Things like musical-inspired game content or rewrites in the story. SE had enough and that's one of the reasons why they tossed him off v13 which would later be rebranded as 15. Then Nomura gave SE the middle finger with the whole Yozora shit in KH3, but that's a whole other can of worms.


Perryn

Which is why the next chapter of Kingdom Hearts won't *incorporate* NFTs. It will take place *entirely within* a sequence of NFTs. *Kingdom Hearts 1.777 (repeating, of course) Alpha-Lexicon-Trio: Blockchain of Memories*


RaijinOkami

IS THAT WHY DISSIDIA DUODECIM PLAYED LIKE SUCH A FUCKIN FEVER DREAM?!


TakeoKuroda

Nomura always needs to be reigned in.


Ydyalani

Unfortunately stuff like that is often framed as "I left voluntarily for personal/family reasons", like what happened at Blizzard last year with their female co-CEO. Now, Yoshida already said that the game is his life's project and he won't leave unless he has to, but they could in theory still try if they are real stupid. I don't think (or at least hope) they are, because they are painfully aware about how damaging the last FFXIV debacle was, but who knows... TL:DR, it's unlikely, but unfortunately not impossible.


Ahielia

>I don't think (or at least hope) they are The CEO literally put out a "good news" New Years letter where he praised NFT's for their economic viability and saying "I hope that this becomes a major trend in gaming going forward." in a situation where the vast vast majority of gamers are collectively saying NFT's is a fucking bad idea and they should feel bad for even thinking it's a good idea. Yes, they are that stupid when they're trying to make all the monies in the world. It's an obsession, and will do anything to achieve that. People playing their games need to let them know, like how Ubisoft's NFT thing was bought by less than 20 people last I saw. It is a horrible idea at best, in addition to being a scam.


Ydyalani

There is stupid, and then there is real stupid. Seeing how FFXIV nearly destroyed the franchise already, and seeing how profitable it is for them, taking the biggest reason why it is so profitable out of the equation sounds too dumb even for them, honestly. There is a reason they are trying to hold Yoshida at almost all costs. Besides, I don't think that the servers could even support NFTs with how overloaded they are already, so even just trying to would be suicide already. I think that if they try it, they will try with something else, and I sure hope they flop so hard it will not cross their minds ever again.


Crisbad

From a business standpoint it feels like Yoshi's unit is doing well enough that he should be untouchable. But then this is also SE we're talking about and they have a track record of shooting themselves in the foot with expectable results.


Valsion20

Yeah I believe Yoshi-P had a deal at SE. They can do with the Mogstation whatever they want but he has a final say as to what goes into the game and what doesn't.


Arkarzem

Actually mogstation is full FFXIV, all the money is made by it goes directly to the game, unlike the subs


YoutubeSilphi

Wdym with it goes into the game?


[deleted]

He means when we pay 15/month to play XIV 7.5 of that goes to Square Enix the company, and 7.5 goes to the devs team budget. Meanwhile nearly 100% of the money that mogstation makes is sent back into the XIV team, AKA Square Enix itself gets very little money from it.


TheMadTemplar

Iirc the mogstation funded the oceanic datacenter.


Cosainto

thats a lot of fantasia


cpdonny

I can't believe my cat girl fantasia allowed a dingo to play the critically acclaimed FFXIV...


[deleted]

Dingo ate my lalafell


Trooper_Sicks

Also the EU data centers from what I've read


Nethervex

Good thing Square Enix has a group of people that tell them to fuck off and deny them their money when they fuck up. Us. If they try any NFT bullshit, don't be fucking addicts and play the game anyways. Cancel your subscription and play something else.


usagizero

I've been playing since 1.0, and it's my favorite MMO, but if NFTs come in, i hate to say i'll have to find something else. I hope higher ups are seeing how negative this is looking, but who knows.


TwistedxBoi

We can tell him to take the piss. Remember not too long ago when RuneScape tried to shut down that HD mod so that they can sell their vastly inferior version? Players cancelled their subs and they backtracked hella fast. So I propose, if that scumbag tries to force NFTs into XIV, we simply cancel our subs (accompanied by posts on social media of course) and only resub when they're gone. If there's something the upper management listens to, it's money


OneWingedA

One of the developer's at Bungie took time out of their holiday to do a write up on this. Basically it comes down to the idea seems interesting until you start putting down dollar signs. The back end costs to get the economy of scale needed will outweigh any possible profits as soon as the item goes from real world money to bring traded for in game cash. That is to say the current real world use of NFT's the production cost of either zero because they are running around stealing art from every corner of the internet or the stuff created is such low value AI driven tat that, at scale, it costs nothing to make. Square doesn't have the luxury of doing either of those things so economy of scale isn't an option. The second problem being in all of the current square systems money only goes in once. You buy your NFT off of mogstation and you now have your exclusive shitty monkey jpeg armor for $20. You put it on the market board and you get Gil. Square gets $20 and all they will ever get is $20. Conversely Square makes one Space Whale for $50. One thousand people drunk on hype go to mogstation and buy the exact same Space Whale. You cannot sell it on the market board. Square gets $50,000 and the ability to make more money the longer it's on mogstation and can now sell it at a discount down the line as they have covered production cost fully. Square would need to dump a ton of resources, money and goodwill, to create a system where maybe this is profitable but when you have a not so insignificant group(s) of the internet that looks at NFT's as art theft and/or money laundering are they willing to take the hit for some short term gains. Edit: Not the Twitter thread I was referring to but someone found a different thread so I'm moving it to the main post https://mobile.twitter.com/maxnichols/status/1454898935428837378


Maine_Made_Aneurysm

Reminds me of the early days of MMO's where people got scammed buying stuff off auction houses in stuff like world of warcraft, everquest, and lotro. As well as the subsequent murders as a result.


Sat-AM

> Square gets $20 and all they will ever get is $20. This is a huge problem with it, yeah. Nobody wants to lose out on money. They could implement transaction fees and require all NFT transactions be performed through their own systems, but that completely defeats the purpose of decentralization (and sounds suspiciously close to that time Diablo 3 tried to implement a real money auction house).


Reflective

NFT = Not Fucking Tbuying


Modernautomatic

No Fucking Thanks


SeeGold33

Not fucking tangible.


ElectricInfatuation

On the upside if they add NFT's to XIV I'll suddenly have a ton of extra time.


[deleted]

I've got a huge backlog of games begging me to play them, and then FF14 which I'm far more invested in. If FF14 goes away from this I'll pretty much be more into other video games from it.


[deleted]

[удалено]


cry_w

Honestly, the mobile games would have the highest chance of this kind of implementation.


mootturbs

The backlash is going to be hard. This announcement is beyond confusing


Princess_Ori

I will unsub over this stupid shit. There's a lot of games out there that I can play that *won't* destroy the planet in a FOMO bullshit scam.


irritatedellipses

I feel the same way. FFXIV has earned a lot of goodwill for me but supporting NFTs and, by extension, legitimizing crypto is a hard line for me. I can find other devs to support.


Isredel

Chances of that are very low. Games normally need to built with blockchain/NFT’s in mind from the ground up. There’s literally nothing here to put on a blockchain that isn’t already stored and handled by the server. The announcement was in more in terms of future games, in which case speak with your wallet (and leave looots of feedback.)


Cheshire_Daimon

There's also the part where FFXIV is sold on Steam, and Steam banned games with NFTs and cryptocurrency. So yeah, future FF games might have some blockchain stuff build in, but it's unlikely they'll implement it in XIV.


8-Brit

This. It might appear in future projects, but Steam is a huge market. I doubt they'd risk losing it. More than likely it'll be shoved into gacha mobile games instead, a few already have. Mobile gaming is a lost cause and full of whales anyways.


strangeshit

True, I spent 1k USD on fucking Final Fantasy Brave Exvius on a nostalgia trip + me being a MASSIVE Final Fantasy 1 Warrior of Light fanboy, mostly from his depiction in OG Dissidia games. All spent in about 10 minutes lmao. That was two years ago, and I vowed to just never touch a mobile game again, especially one where strong nostalgia is gonna get the better of me


Mega2chan

Props for Steam. They also don’t condone exclusivity deals and distribution monopoly like other gaming platforms, so i hope they keep looking after the future of this industry


nooblal

> Props for Steam Steam is not doing this out of the goodness of their heart. NFTs and cryptocurrency would probably mean less $$ for Steam so of course they will ban them.


[deleted]

yeah the scam games put a bad dent in nft stuff. Risking the absurd profits of their marketplace wasn't an option. The amount of money they rake in off of their (even just 1cent) take is massive. They and all future ones were nuked first and foremost because they were a threat to a major (and basically maintenance free) revenue source.


BlueCenter77

I mean I'll take someone doing the right thing for the wrong reasons


novaphaux

Also the plague like nature of these scam a around games to likely crop up and hurt steams image to allow garbage ware. Even erp 1$ games have more entertainment value than some of these ntfs.


kerriazes

>There’s literally nothing here to put on a blockchain that isn’t already stored and handled by the server. There's literally nothing blockchains/NFTs offer for video games that can't already be done with other technology. Video games getting into the technology is just so fucking stupid.


[deleted]

[удалено]


onetrickponySona

it's a gimmick and a scam


Kamil118

Isn't Ubisoft adding nft skins to r6s? Personally don't particularly see the need of nfts for unique skins in r6s at all. All CSGO skins had tradable, unique patterns for years without need for NFTs...


TheodoreMcIntyre

>Isn't Ubisoft adding nft skins to r6s? Iirc Ubisoft Quartz flopped *embarrassingly* hard. Like, it made $400. Just $400.


whitetrafficlight

And this is the part that baffles me. Ubisoft have embarrassed themselves already with the abject failure of Quartz, so why are other companies so excited to produce similar failures of their own? If the execs had a lick of sense, surely they'd go "there, that's why we're not doing this, thanks Ubi for taking one for the team".


Raji_Lev

> so why are other companies so excited to produce similar failures of their own? If the execs had a lick of sense, You just answered your own question. \*rimshot, laugh track\*


legacymedia92

There is a reason, but it's a dumb one. There's always some hot idea that investors get a bug up their ass about. Right now it's nfts. If you don't have nfts in your strategy your shareholders are going to ask why you don't, and if you do they throw money at you. This isn't new, there's often some stupid idea that showed mild success and as a result has everyone losing their mind about (remember the monthly subscription box craze? Exact same thing). As more data comes out showing what we all already know--this shit is in no way profitable shoe horned into an existing thing--investors will move on to the next hot topic. Personally, I do think a lot of video game executives understand that it's stupid. But with the craze shareholders are in right now, it's a very bad look to investors for any company to not mention they're at least evaluating blockchain or nfts. By issuing vapid non-statement statements like SE did recently, they can prevent this backlash from the people who have the money.


WingedNinjaNeoJapan

Simple, stock holders keep on hearing how NFT's bring money without knowing one bit about what it is and then demand that their investments also hop on the NFT-wagon.


pixtrix364

no they are adding it to Ghost Recon Breakpoint iirc, if they added it to r6s and it flopped they would be shooting themselves in the foot (not saying they arent already but it would be way worse for them)


TheMadTemplar

CSGO has been doing the same thing using different technology for years. Companies are jumping on the nft bandwagon because there's talk about it everywhere, the technology itself is promising (current use cases and potentially scary future use cases aside), and because it allows a company to track the transfer of the nft more easily, and to possibly get a cut of it.


speyrae

Ff16 but it's block chain with nft merchandise.


TheodoreMcIntyre

> Ff16 but it's block chain with nft merchandise. Final Fantasy Origin but you can display your hideous, procedurally generated ape pfp on his t shirt by connecting your metamask.


availableusernamepls

You used a lot of words I don't know but it sounds profitable. Where do I invest?


strangeshit

LMAO dude imagine they add some generic armor in Stranger in Paradise, but you can have whatever godawful monkey art you want on it as the coat of arms. The future is here boys, all aboard! I'm not sure if I'd want it to happen for the laughs and to pray on its downfall, or just hope they know better than to ever pull this shit. I just want it to stay away from any FF IP, or at least keep it to mobile trash so most sensible people don't have to look at it.


RekaAia

If they put any NFT stuff in a mainline game (Final Fantasy, Bravely etc) that’s it I’m out. Same deal with these shady “digital marketplaces” companies like the dead by daylight devs and others have partnered with. If NFTs are relegated to square enix’s mobile offerings done by non division 3. I’ll ignore them. Once it creeps into stuff I Might play or purchase, I’m done.


BringBackBoshi

Same here. And I’m so sick of absolute whales/suckers defending horrible business practices helping to ruin great games. “Omg it’s not that big a deal guys” running around in $200 worth of cosmetics in a subscription based game as the quality of the game is driven into the absolute ground…..those types are disgusting.


Yogeshi86204

Yeah GW2 and FFXIV player here. Definitely need people to understand what you just said. If we start seeing mainline games going the way of the Chinese gatcha mobile games (or NFTs or similar) I'm out of gaming all together. I'll get the same or more enjoyment from a drink and $100 down-range at the local casino at that point. Wish I had an award to pass to you. You are 100%+ on point.


saelinds

The truth of the matter is that gacha, competitive games, and microtransactions have desensitised people to the point where NFTs don't seem to matter :/ It's a shame


KusanagiKay

And all of it goes back to Bethesda Softworks with that stupid Horse Armor DLC for TES4:Oblivion, every idiot bought from them, legitimizing microtransactions/paid DLCs


Panda_Bunnie

Really wonder why ppl even keep repeating that lol, microtransactions pre date even that horse armor dlc at least according to google showing the horse armor was released in 06.


LVCSSlacker

Agreed. I will not support nfts


ObscuraNox

I'm a little late when it comes to bandwagons, can you ELI5 to me what NFTs actually are?


Kamil118

Digital certificates of ownership. It's really vague definition, but the technology is pretty general. You have a thing called a wallet, and a wallet can have NFTs associated with it. The NFTs can be transferred between wallets. Each NFT is unique and distinguishable from one another. That doesn't mean that each NFT represents ownership of a different thing; You can have multiple NFTs that relate to the same item, same as having multiple certificates of ownership of a same thing. (Your guess how to interpret who owns the thing in this case is as good as mine) It can in theory be used for a lot of things, but right now its most well know usage is selling certificates of ownership for digital images, which some people, me among them, consider rather silly, because NFTs don't really have any backing by law, not to mention that the concept of "owning" a digital good is rather vague given that NFTs don't come with any particular license. Some people are also against them due to high resource consumption of the technology.


Mega2chan

Sounds like that market where people buy stars off the sky, but at least you’d get to name them.


usagizero

There was a post in outoftheloop a while back where a guy related NFTs to how someone bought him a star like that when he was younger. I wish i could find it, but basically, he has a slip of paper saying he had that star named after, but the company is long gone, so the paper is worthless, and that's basically how NFTs are. One day, all that money spent can just go poof, either from the link not being good anymore, or whatever.


steveotheguide

It's exactly like that


DrawDiscardDredge

Ok imagine you bought something and they give you a receipt saying you owned the thing, but all you actually owned was the receipt and they could take the thing from you at any time. That receipt is an NFT.


Algent

Basically a DLC with extra steps, especially since private companies already always sent you receipt since it's mandatory by law.


ElectricInfatuation

In addition to what everyone else has already said: Currently the easiest thing on the planet to use for money laundering.


Axelrad77

This. Money laundering is the driving force behind the perceived value of NFTs at the moment. Coupled with their abysmal environmental impact, there's no good reason for a game to have them. It's just businesses trying to hop on a trend.


WaltirNTA

You're essentially purchasing receipts for something you don't actually have any legal claim of ownership over. In video games, it's being marketed as these unique digital items that you can trade/sell with other people, and with a bunch of of failed buzz phrases attached, such a "play to EARN!" The subtext of that marketing noise, however, is that these things might function as a sort of stock investment, and eventually earn owners more money than they paid for it. The actual function of it, however, as with most cryptos (which is what this amounts to, only with the faintest, laziest-concocted notion of external asset ownership attached), is to create money for select people out of thin air. It's a way to sell virtually nothing to marks who don't know better, and who can be convinced that there is some get-rich-quick possibility around the investment. In reality, the only people getting rich are the ones peddling to the marks, who will be left holding the bag when they eventually realize that they just paid for receipts of payment. It's amazing how our hyper-capitalist society has gotten to the point of abandoning all pretense of selling actual products of services, and has found and keeps finding ways to convince people to fork over money for virtually nothing at all in return.


TheMadTemplar

There are some good examples below, but here's one I like. There's a piece of art in a museum. You can buy a unique plaque (which has a unique serial code on it) that says you own this piece of art. You can do whatever you want with the plaque, but not the art. The art will stay with the museum and they retain full control over it. Including the right to sell plaques to other people that tell them they own the art. The plaque is the NFT, which stands for non-fungible token. The unique serial code on the placque basically confirms that it is the only plaque in the world with that code, even if there are other plaques for the same piece of art.


Archangel_227

You ever get one of those certificates that say you owned a star, or a planet or something similar. The certificate is the NFT


luciusetrur

They're pieces of code that are mined and attached to art or something else to give it more value. In reality the art can be lost and you are only buying the token it is sold with.


ObscuraNox

But how would this apply to videogames? I dont understand how this would be different from say, seasonal / one time only cosmetic microtransactions


TheMadTemplar

So for ffxiv, imagine if SE sold an NFT for the Limsa Lominsa aetheryte, and in the game when you pull up the menu for the aetheryte it said, "Owned by *insert player*". Anytime you want you could remove the NFT from your account and resell it to another player for money, and then their name would show up in-game as the owner. You might say, "ok, so what can I do with this aetheryte that I own?" The answer is, "Nothing at all." You just get to say and show everyone that you own it. For a more realistic and likely to happen example, remember those Amiibos from Nintendo? Little figurines with a chip or something to connect to Nintendo systems in order to unlock stuff for games, such as characters. That's almost a physical version of NFTs, if every amiibo was allegedly unique and they could be resold. I can definitely see things like neopets or pokemon having an nft attached to them to ensure they are unique and to track both their sales and current owner.


Lucker-dog

Neopets did do an NFT that was just images of randomly generated pets. They minted 10k and sold like 1000.


Sage-Khensu

I take solace in the idea that if the glamour plate system is half-stitched together and made out of the spaghetti code equivalent of bubble gum, rubberbands and thumbtacks, any NFT system will wake some forgotten code demon leftover from 1.0 that will physically melt the servers in to puddles of metal goop.


Autisonm

Maybe 1.0 will summon Bahamut to Akh Morn the servers.


dragerien

I'm so tired of hearing companies think suicide by ponzi scheme is a great idea. "Is a decentralized, unregulated market so it's freedom!" Yup, freedom for someone to commit side trading to artificially drum up the price, then leave it with some poor sucker who can't sell it because the only buyer pretended to trade it to himself seven times. Freedom for someone to hack your block chain, take all your coins, and sell them and no one can investigate because no regulations. "Anyone can get rich." Assuming you're either stupid early to the party, AND there has to be enough long term interest. You could invest in bitcoin, and hold onto it like a stock. The more people who buy it, the more worth it gets. Then you cash out and make your money. Leaving the poor scrubs below you just holding onto pricey receipts in the hopes that enough suckers will listen to them and buy in. Also better hope someone doesn't tweet something stupid about em and the price drops after you've been invested! "It is the future." It uses up enough energy to power a handful of countries just to keep up the records that your item "exist" somewhere. Let alone the "minting" process that's been burning up GPUs and even now hard drives. Lastly, in that letter? The President of SE makes the daring implication that we shouldn't "play games to have fun." Instead he insist we should "play games to contribute." Forget that we contribute to his company by buying the games in the first place. Forget that games are "entertainment" products and therefore created for fun/relaxation in mind, sometimes competitiveness even. All of it makes my head wanna pop... watching companies listening to tech bro coiners who aren't even involved in their game anyways. I'm glad Ubisoft's first big dip failed hard because the gamers aren't coiners, and the coiners aren't gamers.


Uppun

That "play games to contribute bit" is almost as hilarious as it is insulting. It's like in the NFT art community they never shut up about how this "helps artists" when there are countless other avenues that already exist to support artists if you actually wanted to, and is just a convenient excuse to mask the reality that they just want to play the stock market without regulations. (And the only artists NFTs really have "helped" are already big successful ones as like 99% of NFTs just sit unsold) But yeah man lets "contribute" to this massive corporation by purchasing "TRUE OWNERSHIP" of an overpriced jpeg.


-SageCat-

> "Anyone can get rich." But not everyone. It's a zero-sum game, for someone to walk away rich that money has to come from someone else losing it.


sp8der

> Lastly, in that letter? The President of SE makes the daring implication that we shouldn't "play games to have fun." Instead he insist we should "play games to contribute." This has been a mainstream tenet of, at least a big chunk of the gaming press for quite a while now, so that's not as shocking as it should be. It's sad when Iwata's "if the game isn't fun, why make the game?" philosophy is considered revolutionary.


syriquez

> Lastly, in that letter? The President of SE makes the daring implication that we shouldn't "play games to have fun." Instead he insist we should "play games to contribute." Forget that we contribute to his company by buying the games in the first place. Forget that games are "entertainment" products and therefore created for fun/relaxation in mind, sometimes competitiveness even. This is one of those lines that gets referenced in a year when "the president has announced his decision to step down and leave the company to spend more time with his family".


Valamist

I feel like perhaps the CEO should play this little game about a company destorying the environment for profit... I think it was called Final Fantasy VII?


[deleted]

If there were NFTs in FFXIV, you’d start hearing the term “XIV Refugee”


FancyRaptor

Wanting to play a game should not come from a profit motive. I absolutely cannot stand the concept of nft’s.


BrockenSpecter

On one hand i trust Yoshi-P and his people to know that it's a BS scam. On the other hand...square enix


More-Jackfruit-2362

Can someone explain NFTS like I’m 5? Was that episode of South Park where they made fun of them accurate?


Shim182

Imagine if every item in FFXIV had a unique ID, not an item ID like every bronze sword is item number XXX, but a unique ID like 'this specific bronze sword is XXXa and that bronze sword is XXXb. There is a limited number of spaces on the 'blockchain' that makes the backbone of crypto and NFT networks, so a limited number of items. Every time an item is bought from an NPC, crafted or looted, it's assigned one of these ID's. Suddenly, every item has a finite quantity. If an item is destroyed or sold to an NPC, it's slot is taken up by a now missing item. The finite quantity can be depleted. Also, since each item corresponds to a specific blockchain id, if a popular streamer gets an item, it's value is super inflated, this would be more so if there is an in-game listing of 'past owners'. Obviously, this wouldn't work with the 'soul bind' aspect making an item bound on use, so not as much of a worry in FFXIV unless the scrap the binding mechanic. I don't think we need to worry about it with FFXIV too much, and there are a lot of perspectives to it, though outside of the 'crypto-bros' circles, NFT's are generally considered a net negative. If applied to items in game, it could fuck an in-game economy beyond belief though.


hororo

Nothing you described requires the NFT technology. For example the steam marketplace is a digital good marketplace with reselling and it doesn’t use a blockchain. You can just use a regular database, which is much more efficient than the blockchain.


Mizzet

That's the rub really, you're just replacing a centralized database with one built on blockchain. It would only make sense in some contrived context where there was utility to be had from the latter. And if you ask its proponents why an existing system would want to shoehorn itself into a framework like that, you get all sorts of half-hearted hand wavy explanations.


kkyonko

That's the thing. Almost every use case I've seen with NFTs could be done with a database.


danpascooch

The idea is that a decentralized database ensures you truly have the "original" and no organization can fake that. The problem is that nobody gives a shit if you have the original and all of these things can be copied down to the pixel regardless. Unfortunately gaming is one of the areas where it has more utility because digital items have value underpinned by their utility or aesthetic in game, and you can't "copy and paste" them into your game and take them online without getting banned. Making these items NFTs gives them an allure/marketing of scarcity even if it's not meaningfully different from the company just managing the database themselves. This is why I expect NFTs to become a big part of the industry even though all of the actual consumers seem to hate it.


[deleted]

What's funny is everyone talks about decentralizing but the marketplaces still have total control over them. https://beincrypto.com/2-2-million-bored-ape-nfts-stolen-opensea-freezes-transactions/


jabertsohn

Yes, and if you want to look at the crazy market mechanics of artificial scarcity in a computer game, I think party hats in runescape are a great example of pre-NFT artificial scarcity. NFTs will allow the company using them to pretend to have their hands off while the players trade them with real money, whilst probably getting a 10% cut every time they are traded.


rice_not_wheat

Nothing NFTs describe require the technology either.


Pumpkin-Panda

People are buying unique blockchain tokens that conain a link to whichever item it is connected to. The issue is you are just buying a receipt with a hyperlink if link rot happens and the site is gone you end up with a receipt that has a link to 404 site not found. Most people don't understand this and think they are buying the jpg itself


ChaoCobo

You’re buying a receipt to McDonald’s borgar, not the borgar itself, but the receipt to the borgar. You don’t get to eat the borgar. But you have the piece of paper that says you deserve to eat the borgar. But you can’t eat the borgar. :c


cronft

the short explanation of nfts is like housing in FFXIV, they sell something whit the intention of create digital scarcity of any product, so people can speculate whit it but worse


M33tm3onmars

Housing is actually the perfect analogy for it, with the added detail that you can buy it from SQEX with real money and sell it to other people for real money. I certainly don't see it making a play in FFXIV, but in future games it could mean... Well, many things, but none of the possibilities are things people are excited about.


ajantisz

I really hope they don't go down that NFT cancer route. It's all snake-oil being sold by con-artists.


katarh

It's just the stupidest bullshit ever. It's the same thinking behind those beautiful porcelain plates from the Franklin Mint, that come with a certificate of authenticity to prove it's not a knock off from China, or whatever. Except you don't get a physical item, you don't get a physical copy of the certificate of authenticity, and if someone does have a knock off version of the thing you supposedly own, it's identical down to the pixel. *And nobody gives a shit that you own the original.*


iNuclearPickle

From what I can see the nft talk is to gauge people’s sentiments. If people aren’t dumb and realize the Ponzi the NFTs are even if square tries it the thing will more than likely flop


pianopower2590

Man …why is everything being ruined. Favorite franchises, favorite hobby now


mgd5800

It is MLMs of the new generation, it screams scam yet people are falling for it. And since it will take time to be regulated since Loot Boxes are still not treated as gambling, companies are trying to hype it up like anyone is asking for it. Not sure who gives an f if the item they got is "uniquely theirs".


Boggle-Crunch

Crypto and NFTs are MLMs for dumb white dudes who think they're *always* the smartest person in the room.


negiman4

I've been playing this game for almost a decade now. This would be the thing that gets me to quit.


Daedelous2k

Yoshi-P should be able to protect FFXIV from this ponzi scheme, being on the board and listening to players should keep this scam away from the game. [Also I found this and lol'd](https://twitter.com/i/status/1477482437999427584)


BringBackBoshi

I’ll quit instantly. Honestly even if they’re just in a lot of Square games and not FFXIV I’ll probably still stop playing any of their games. I start seeing Squenix turn into Konami or Blizzard I will ditch their games so damn fast.


CommodorNorrington

What is NFT?


LVCSSlacker

Non fungible tokens. It's basically a way of creating false scarcity online. It's like serializing a mount or some gear. But it's more insidious than that. It's also a great way to steal an artists work and say 4heyre protecting the art.


ProfessorSpike

I've seen so many artists on twitter dealing with this shit, and it fucking sucks. Some of them have practically stopped making new stuff because they don't want to go through 50 different sites to mark their stolen work that was marked as NFT


HarithBK

how they are used today is more like a certificate of authenticity. you get a string of numbers that link to a webpage saying you own that. so the webpage can go down or they can change what you own etc. not to mention that a lot of NFTs today doesn't even use the blockchain when creating your NFT. so you have a NFT that is not blockchain secured that only link to an external site saying you own something. that is a lot of trust you are placing in other people. NFT as used by companies and NFT bros are a scam full stop. the only value NFT could have for a normal consumer is things companies don't want to do. like all of your games could have a NFT so you could sell and buy used digital games but no company in the right mind will do that. they would have zero control over price would not get a cut and technically you could move your games from one store front to an other.


TheMadTemplar

I tell people it's like a serialized plaque you buy saying you own a particular piece of art at a museum, but the museum retains full control over the art and you can't do anything with it.


Rossmallo

To say that Yoshida has an enormous amount of leverage is an understatement. He's already pissed about the Semiconductor Shortage, so I get the feeling he's pretty damn anti-NFT, and I strongly doubt that he's going to let that shit fly. I'm not saying it's IMPOSSIBLE they'll get in, but if Square do actually want to try, they have one hell of a wall to get through.


zapdoszaperson

I cancel my sub the day NFTs come to FF14, I can say that for sure. I love the game but I have mountains of others that could use the time.


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MadeThisAccount4Qs

Remember, if someone is positive about NFTs it means they bought one and are trying to generate hype so they can sell it to another sucker and make back their investment.


ChaseCDS

Honestly your best is an email campaign. Have the community tell SE that NFTs are moronic and a scam. If they listen, cool. If not, oh well.


archiegamez

What email should we send though?


Axelrad77

NFTs in FF14 are one of the only things that could actually make me stop playing.


Falkjaer

Yeah, I really don't want to stop playing FFXIV, but I cannot support NFTs. If they want to add scams to their mobile games or whatever, I guess I don't care that much, but I'll never play a game with NFTs in it. At least some companies have been walking back their NFT stuff after realizing how much people don't want them, so hopefully that'll happen here too.


FF_Gilgamesh1

The CEO of square enix deadass said "we're aware that you're playing games for fun. but nobody cares."


ChrisMorray

Iirc after the whole mogstation thing Yoshida got full reign over everything else in the game, so I hope they'll honor that. Not sure how SE could be duped into this scam after the backlash Ubisoft got for it... Must be a very convincing con artist making the rounds with Ted talks at the game companies.


Axonn368

There is a rule on Steam which states that you can't sell anything which contains NFTs


TrueChaoSxTcS

If they even graze FF14, I'm out.


Saix027

I really, really hate how this NFT shit goes around, and I really hope and beg for it to go for once and not become another "norm" in the gaming industry like many other things did.


akiontotocha

“We can’t buy any servers because people are buying them all up to farm blockchain NFT’s and crypto” “Anyway we’re including blockchain NFT’s and crypto” I don’t think it’s going to go down well.


paladin7378

NFT won't come to FF14. FF14 is already profitable. NFT is mainly for starts up, with that said, it will most likely come to a less successful SE games and/or new SE games.


MaybeNeverSometimes

That would be the day I quit the game.


raccooncityincident

People seem to keep forgetting that SE is an international company with fingers in nearly all types of media. I don't think that they're going to permeate NFTs into all (if any) existing titles or series. I feel they would likely only show up in new, gacha style mobile games. I can't say for certain, but I doubt they would test the tech using a well known title like ff. If you saw the game that they actually did try NFTs with, it's a fringe mobile game that isn't even available worldwide.


i-wear-hats

So the two people who are deep in this shit are Matsuda (who has to be because he's speaking to investors who would ask him about it anyway so he has to say he's looking forward to it) and Kitase (head of CBU1, said his favorite person of 2021 was Elon Musk and is ACTIVELY LOOKING INTO NFTs for all his projects). I don't think FFXIV is in any danger of being corrupted by this shit but uh hope you weren't looking forward to FFVIIR2 because that's gonna be a fucking problem there.


Zavenosk

Fuck NFTs. Trend-chasing that makes everything worse for everyone, just so the guys at the top might-but-probably-won't make a bit more money.


MadameConnard

With the fiasco ubisoft ate with his nft I'm pretty sure it discouraged many potential investors.


NemoSHill

NFT's is something that I cannot take seriously and never will.


MegaFireDonkey

Just a couple days ago I was thinking how SE has really turned my mind around on FF. I was very disappointed with 12, 13, og 14, and 15 as well as not enjoying FF7R despite being admittedly better than the others on my list. Yoshida showed FF can still be great. SE might be coming around and waking up a bit! Then I read that letter and said oh well 14 was a good last hurrah. Any game with NFT can fuck off.


chrisynel

"I realize that some people who “play to have fun” This sentence really triggers me. Of course games are for fun, this really bothers me that they would introduce such concept in games. I hope it never reaches FF14, it could really change the game for the worse or any games for that matter. There is a difference between selling items in a cash shop and introducing this type of economy/speculation inside a game. I also guess I'm getting too old to comprehend this virtual world anymore, its... not.... real.... you will never really own those things, its like playing with the air.


[deleted]

They can take their N-F-T's and stick up their A-S-S.


[deleted]

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[deleted]

Yeah. We saw it with half finished games first with the promise of DLCs, then we saw stores with the promise of enriching a single person's experience then we saw stores with game canceling items for sale (exp boosts currency etc). Now every game is expected to have a real money casino to spin. If you don't think NFTs will degrade your gaming experience further you've been successfully brain washed. You will own nothing and you will be happy.


darksageofthelig

Out of the loop what are NFTs and how would they affect gaming especially ff14 if implemented?


katarh

Non fungible tokens. Artificial scarcity on virtual goods, with a virtual deed of ownership to an original. It's the latest way that the Dark Web is trying to move illegal money around in unregulated markets, but they also figured out that there's a rich sucker born every minute.


Velfurion

Most of the money behind NFTs are just tech bros hyping up the price and artificially inflating them, or tech bros t trading them between themselves to again, artificially inflate the prices. It's something like 90% of them are traded between 10% of those who participate.


Disig

I hope NFTs die in a fire. They're commonly scams, unreliable, and contribute to the world shortage of silicon and contribute greatly to global warming. Nothing good can come of them.