What are NFT's – NFT and Blockchain are Worse Than Free to Play!



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Ubisoft Quartz NFT and Blockchains Are More Dangerous For Gaming Than Companies Want You to Think.
Karak discusses blockchain, NFT, and why the ways they are coming into major gaming seem like a disaster in the making.
Ubisoft Quartz was shown today. Basically super small numbers on a helmet.
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29 thoughts on “What are NFT's – NFT and Blockchain are Worse Than Free to Play!

  • August 13, 2022 at 5:11 pm
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    Literally the ad that played before watching this was for Blonkos, and they threw "play to earn" at me. Kinda hilarious. Stay awesome Karak, love your insight.

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  • August 13, 2022 at 5:11 pm
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    TechQuickie from Linus Tech Tips? No way they're spreading misinformation!!!

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  • August 13, 2022 at 5:11 pm
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    @acg a great explanation and well researched. I often link this on other website commentaries for those confused or misinformed on NFTs.

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  • August 13, 2022 at 5:11 pm
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    My prediction for the direction this is going to go in the console space is as follows. It could happen with any company, but I'll use Microsoft as an example since they seem like a prime candidate.
    1. Microsoft releases their new Xbox, which will be their most powerful yet. In fact, they made this comparable to many high-end gaming PCs, but the price is still $400. Great deal!
    2. The console will require internet access to play any game. (Gotta verify that you own the game on the blockchain, right? No more physical disks; they're bad for the environment.)
    3. When you get started with your new game console, you're met with a gigantic terms of service agreement and several legalese documents that no one will actually read.
    4. While playing any game, you earn a small amount of Microsoft's proprietary credit for every hour of game time. Achievements and drops will also be worth something as mentioned in the video.
    5. During gameplay (and possibly when the console is in "sleep mode"), Microsoft will use a portion of your console's excessive computing power for cloud computing.

    Effectively, game console companies could sell you a game console and then turn around and use it for their own purposes. Thus, selling these overbuilt computers for a loss will actually be an investment in their own computation infrastructure. Technically, this is easily possible on PC as well, but it would be far more difficult since they aren't uniform.

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  • August 13, 2022 at 5:11 pm
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    This is a result of everyone wanting to be exclusive. It's sad really. Nobody gives a crap about your NFT.

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  • August 13, 2022 at 5:11 pm
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    Don't buy or play nft games. It's so easy.

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  • August 13, 2022 at 5:11 pm
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    Amazing and informative video, thanks for taking the time to share

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  • August 13, 2022 at 5:11 pm
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    We thought microtransactions and loot boxes were bad, NFTs will take BAD to a whole new height, this will negatively impact games in unprecedent ways.

    Sigh, also this 20:00 gameplay of Anthem makes me feel so sad it failed, Bioware/EA had something quite unique gameplay wise and they f%$ked it up big time by being lazy, tone-deaf and greedy, what a damn waste!!! (more reason to not trust gaming corporations with any kind of NFT).

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  • August 13, 2022 at 5:11 pm
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    It is a real shame the direction that the Gaming industry is taking here. You don’t see this kind of thing in other forms of entertainment like Film, Music or literature. Imagine that – Read to earn, listen to earn or watch to earn…..uuggghhh. There is a reason why that hasn’t happened. It is because no-one would put up with it. People pay £10 to remove ads from their kindle devices or sub to YouTube Premium to have the luxury of ad free content, which goes to show how much people value not having anything impinge on their enjoyment. Gamers are being taken advantage of. I know we all live in a capitalist society and that money makes the world go around but for me, this whole idea is a complete turn off. Gaming used to be magical, incredibly creative, an escape from the real world and most importantly of all – fun. At least we are given a choice i suppose. We don’t have to buy the games with NFTs. My concern is that NFT /Play to earn will become standard one day and if that is the case, I’ll have to resort to playing older games rather than the latest, greatest AAAs. Perhaps while VR games remain niche, we can experience NFT free content for another 4-5 years but by the looks of things, it will pollute those areas too (especially if it becomes very popular in 2D games). I’m keeping my fingers crossed that good old Nintendo do not get tempted by the dark side and stay well clear of NFTs. I guess it might depend on whether or not their customers actually want it to be included.

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  • August 13, 2022 at 5:11 pm
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    If we think it's bad now with the current monetary schemes just wait. Speak with your wallets. We need to send a message to these game publishers. We aren't putting up with their shit anymore.

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  • August 13, 2022 at 5:11 pm
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    Fair criticism, however, I don't think there would be as much anger from the traditional gaming community if the big players like EA, Ubisoft, etc.. weren't dipping their toes in the NFT space

    Because it's an entirely different gaming community than say, someone that plays Apex Legends

    They play for different motivations, sometimes the "fun" aspect is very secondary to them to earning money

    Your take is from the perspective of someone that plays games for enjoyment first.. which is NOT the crowd that plays these play-to-earn style games. Not saying that they can't be enjoyable. They can. But there's a different set of priorities that this crowd has over playing games for pure enjoyment. Think of it more like a job that you love vs. playing a leisurely activity.

    There's this icky reputation these games are having with a lot of holier-than-thou pretentious game developers because they hate the idea of making a game that has a mini-capitalistic structure to it, even though they hypocritically create games themselves to earn a profit(which they often won't state is their goal)
    At least the play-to-earn model is attempting to break the monopoly of something like Roblox, which takes a ridiculous cut of player-created content(95%)

    A blockchain game's entire game economy success is based on the rewards it gives to the players, and greatly affects their motivation to even play the game.. which they don't even have to. There are literally hundreds of play-to-earn competitors out there. So it isn't a walled garden that traps you into their ecosystem after an initial $59 investment from the player to buy the game(all of these are free). You can sell the assets into ETH and literally take your ball and go home, with the money you've earned.

    The 1000s of hours that kids put into Roblox would have made them all millionaires if they chose to play something like Axie Infinity really early on.

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  • August 13, 2022 at 5:11 pm
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    Bring on the second video game crash.

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  • August 13, 2022 at 5:11 pm
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    Comparing NFTs to syphilis. Lol. Always a moment where I say, "Karak said what?".

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  • August 13, 2022 at 5:11 pm
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    NFTs are a amazing thing, the gaming industry if it used it right would thrive… buuuut gaming companies are greedy and NFTs are very abusable.

    Season passes is where i think there could be real growth, allow the season to be free. Then at the end the people who claimed their prizes have them as NFTs and can choose to use them or sell them. Then the game makes its money off a 2.5% fee on any trade.

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  • August 13, 2022 at 5:11 pm
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    First off Karak, I fuckin salute you man! You're 1 of the maybe 2 or 3 that have the balls to call BULLSHIT! Thank you.

    I'm glad I'm an older gamer (50+) that's from a time in gaming when none of this BULLSHIT we see now a days was in a game.

    To this day I never buy a game brand new. I buy them 1 or 2 year's after release when they have all the dlc and 99% of the bug's fixed.

    Thank you for making me aware of what the new poison being introduced to gaming is.

    "How soon before that Sleeping Dog's WTD?"

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  • August 13, 2022 at 5:11 pm
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    The passion for making and playing games is dead now it's all about profit.

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  • August 13, 2022 at 5:11 pm
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    I simply don't purchase these kinds of things. If you push NFTs, micro-transactions, loot boxes, etc in your games I just won't play 'em. I have a lot of games I own and play over and over again. I no longer even buy AAA games pre-release or even in the initial year after release since most are completely broken at release. I just wait until the price drops significantly and reviewers I trust demonstrate that it's no longer broken.

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  • August 13, 2022 at 5:11 pm
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    Best breakdown of NFTs as they relate to the gaming industry I have ever heard. This video really opened my mind and cleared up a lot of confusion. Thank you for the wonderful commentary as usual.

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  • August 13, 2022 at 5:11 pm
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    essential vid that I had to watch twice as the metaverse approaches.

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  • August 13, 2022 at 5:11 pm
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    It almost feels like another video game crash is on the horizon. Triple A games have been getting worse to the point where the only games worth the money come from elsewhere.

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  • August 13, 2022 at 5:11 pm
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    This crap will be as normal as f2p, dlc and all the other stuff.

    Gamers have no spine and swallow whatever is pushed down their throats.

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  • August 13, 2022 at 5:11 pm
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    If NFT’s were used as a method of digital ‘ownership’ of games, so digital games could have a second market like physical (the most fun part of game collecting and hunting imho) I would be on board. That obviously goes against the entire premise of digital games, though…and would make publishers more accountable for pricing, which will never happen…

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  • August 13, 2022 at 5:11 pm
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    Is this like how on PUBG for Steam you can sell your customized items you get like shirts, gas masks, player unknowns jacket and so on? I always thought that was super cool, I remember I got COD WW2 because I had a leather vest drop and sold it for like 50 something bucks! I was soooooo stoked!

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  • August 13, 2022 at 5:11 pm
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    Guys we are never going to achieve the dream of eating Ramen in a rainy neon lit dystopia if we keep fighting this kind of stuff.

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  • August 13, 2022 at 5:11 pm
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    Everyone should have an issue with nfts and crypto. Decentralization is one thing but crypto is not the answer. Ban it now and don't support this.

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  • August 13, 2022 at 5:11 pm
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    Very informative

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  • August 13, 2022 at 5:11 pm
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    Right now NFT’s in the gaming world sound like a haphazard idea but with more research and development, as well as feedback just like yours, they will become successful. Trying to picture it now is mind blowing but it will take time

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  • August 13, 2022 at 5:11 pm
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    Carbon cost of NFTs = C a R a y z z e e ☠️

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