NFTs in Gaming: A Scam or a Solution?

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Published on ● Video Link: https://www.youtube.com/watch?v=2oOBKJA9yes



Team Fortress 2
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Duration: 18:12
161,796 views
9,490


The problem with NFT and blockchain games is that everything they offer can already be done - and already is being done - without NFTs or blockchain even existing.

We take a look at some of the most common arguments in favour of using NFTs, blockchain and crypto in video games and explain how those things can already be done, are already being done, and give examples of those existing implementations. We also define what NFT and blockchain are and give a real-world metaphor for how this... interesting relationship would look if an NFT were a real-world item.

This video is specifically about NFTs and blockchain's proposed uses in the gaming space and not an attempt to analyse or critique NFTs, blockchain or crypto as a general concept. A video about NFTs in general would need A LOT more time to discuss in detail, but good news is that someone has already done that and I *strongly* recommend you watch "Line Goes Up" by Folding Ideas if you have any interest in NFTs at all - don't be put off by the length, that time is completely justified by the wealth of content in the video:
https://www.youtube.com/watch?v=YQ_xWvX1n9g


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🎵 Music:
Team Fortress 2 - Dapper Cadaver
Pokémon Snap - Professor Oak's Lab
Stardew Valley - Pelican Town
Banjo Kazooie - Game Select 2 (Cooking)
Portal 2 - Turret Wife Serenade
Portal 2 - 999999999
Eastward - Homelike
Hades - Mouth of Styx
Spyro Reignited Trilogy - Artisans Home
Team Fortress 2 - Seduce Me!
Team Fortress 2 - Dreams of Cruelty
Rakuen - The Monsieur's Tea (Lil Budz remix)
Pokémon HeartGold/SoulSilver - Poké Mart
Earthbound - Threek/Threed
Pokémon HeartGold/SoulSilver - Goldenrod Game Corner
Binding of Isaac - Genesis 13-37.

🎬 Chapters:
0:00 - Video games don't need NFTs
0:44 - Non-fungible definition
1:41 - Blockchain definition
3:18 - NFT definition
5:46 - Real-world metaphor
7:10 - NFTs as game items
8:17 - "Prove ownership outside the game"
9:19 - "Ownership exists after the game dies"
10:58 - "NFT items can be unique"
12:42 - "NFTs can be traded and sold outside of the game"
14:34 - "Own an item in multiple games"
16:15 - "Play to earn"
17:31 - Summary and closing thoughts

#nfts #playtoearn #gaming







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