Post
Topic
Board Altcoin Discussion
Re: Can NFTs last forever?
by
o48o
on 09/08/2023, 21:09:37 UTC

Yeah...in the beginning the development was sketchy.  They certainly took advantage of NFT hype and got out ahead of their skies.  They have several years worth of development under their belt now and have a whole new team, including Chris Clay, former Game Director for MTG: Arena. The difference between a game like Hearthstone and a game like Gods Unchained is the NFT, true ownership of game assets secured by a blockchain. In Hearthstone, the platform controls the cards....In Gods Unchained, the user owns the cards, and they can trade them on the decentralized markets, permissionlessly.

I'm not trying to endorse Gods Unchained, it's just an example of a usecase for NFTs other than goofy ape jpegs and pfps.  It's also a good example of how the various layers of abstraction add utility to the NFTs, while maintaining the same level of security, without bloating the main blockchain. Anyway, I'm just saying....I don't think NFTs are going away --> they're just becoming more utilitarian.  It's exciting stuff.
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I got excited of the Chris Clay as well. But i didn't see any impact, that could radically change anything. Maybe he managed to balance some things i didn't see.
And i agree that idea behing Gods Unchained was juicy. I spend so much money on those packs that at some point those cards were all the crypto i had. I just had to hope that i got to sell them in profit. At the day when they landed to market i managed to get some eth and i got myself a list of good cards in the game that i would buy if they were cheap enough, and i indeed got to flip some seriously good cards. That was a good day.

And after they introduced the new L2, i managed to sell even my cheap ones. It was a slow process but sort of fun.