Many called the internet a fad, in retrospective it is easy saying everyone wanted but the narrative is not so easy.
NFTs are already disrupting the artistic and music sector -this just the point of the iceberg. There is much more going on under the surface. NFTs are widely used in gaming and play to earn is already a huge phenomenon. The application of NFTs are far reaching and not limited to the newspaper story of a useless meme sold for million.
As far as it applies to gaming, skin trading has been a thing for years without NFT’s.
Many games are already borderline unplayable without paying extra for loot boxes & etc. Adding NFTs into the mix will just be another cash grab by the publishers.
If EA are selling you a player or whatever in FIFA, you’re only going to be able to use it in their game.
Why use NFTs as proof of ownership of some digital asset when they could just record it on their internal databases?
Even trading players could be done without buzz words like ‘blockchain technology’ & ‘NFT’.
So while all the points are correct I still think that validates my point. 
I did say
but we are still talking about people interested in games, art etc etc. Internet comparisons are so cliche and often poor examples as literally everyone can have a use for the web and it always was that way. NFTs don’t provide anything that will help the average persons day.
That’s again not saying it will fail at all but some of the hype could be wildly overblown. The tech behind it certainly has some very big potentials but buying a GIF for X amount is certainly gambling and for every winner there will probably be many losers in the long run.
Because central database can be corrupted and need an added layer of trust. Blockchain allows trust-less systems, in which you are completely sure about the authenticity of whatever you buying online. This can be applied on a larger scale to almost anything.
I think there is plenty that will benefit the average person. The average person does not know it yet.
Resistance to change when something is disrupting the status quo is normal -we used horses for thousand year why we need to change to a mechanical thing? What are those emails? Letter works well enough.
If you think NFTs are only what newspaper report (overpriced GIF/meme) you are years behind in grasping even what all this fuss is about. You most likely will be using NFTs in 2-5 years without even knowing.
So, as a gamer I’ll feel so much happier knowing that my copy of Jamie Vardy is truly unique among the thousands of others all the other FIFA players have.
Or, if the EA servers go down and the game is unplayable, a random stranger can look at the blockchain and confirm that I still own some DLC in a defunct game.
As for trust, the only thing I trust EA to do is rip their customers off and overpay their executives.
Internal databases have a cost over time. I imagine the in game content is being made increasingly by independent developers. What if indie devs developed games where indies could plug in their own items and they could have a framework for the items to be used across different games? Why wouldn’t game owners wanna sell these items or games or art or whatever for the price they set (trusted markets) rather than locked it to steam letting valve cream it in?
Why would anyone want a digital asset that has the characteristics of an actual thing? Hmmm…
Steam missed a beat on this imo and I think you can’t see the forest for the trees…
Also, no one really uses EA as a decent example christ the loot boxes are bad enough…
Anyone who thinks NFT’s are a fad and will go away - has there ever been a new technology, adopted by millions that disappeared with no use?
Blockchain, crypto and NFT is new technology and it is going to explode over next 10 years. It might not be in the projects currently around, but just like the internet bubble it will create many millionaires and much wealth for the generation that get in early and take a risk.
Betamax…
I am a big fan of Blockchain technology and I agree that it isn’t going anywhere. NFT’s do have a lot of potential in my opinion.
I think this distinction is key, blockchain and its derivatives (including NFTs) are likely to have a huge impact. Saying NFTs are the future doesn’t imply support for any current .jpegs or game tokens or currencies, it just means the technology (and smart contract more generally) are the future.
The internet is a good analogy, it would be fair to dismiss people’s investments in certain domains, real estate on The Million Dollar Homepage or hoarding '90s modems & hard drives as foolish, but that doesn’t detract from the technology creating huge opportunities for productive businesses.
I think the discussion of the topic title is a bit misleading to the discussion. I think most/all agree the technology is here to stay but the “NFT” that most people associate it with is the buying like a trading card game.
There is money to be made and it will be around for a long time but similar to Crypto lots will be a scam or fail but people tend not to talk about that. I’ll stick with a few crypto coins for the time being as I honestly couldn’t begin to guess what NFTs were worth investing in bar the FT one. 
blockchain powers NFTs though.
I know.
oh sorry i thought you said blockchians aren’t going anywhere and NFTs are
Hmm. I am sceptical.
What does blockchain offer that will be a revolutionary step?
In the essence a new way of storing and managing data.
There’s nothing decent about EA, which is exactly my point - implimenting NFTs in games will be another way to gouge customers.
Smart contracts are so great, the original creator can recieve royalties every time the NFT is resold - So the publisher gets to keep charging for zero effort.
You can guarantee it’ll be the publisher and not the artist collecting the royalties too.
As for indies working together, that sounds cool but the whole point of NFTs is they relate to a unique item.
Why would you sell a character model once as an NFT when you could licence it many times over? Or do you go back to the cartridge era and create hundreds of pallete swaps?
And since NFTs don’t contain the actual content, you still need to maintain a separate database or end up owning a dead link.
Like the early days of home 3D printing, NFTs seem like a solution in search of a problem. Yes it is entirely possible to replicate existing functionality, but is in necessary? Or easier?
Opensea plans to IPO, instead of a token offering 
I’ve been complaining about not being able to resell my games and being locked into steam since it’s inception. Looping l2 are already developing infrastructure with GME. Check out who they are hiring. You may not see an issue, but I am of the belief that the market is massive. An example of people wanting there assets outside of a walled garden is the csgo weapon skins markets. From a user perspective, if you’re getting a second hand game or item for potentially less than you would pay brand new, no one would care about publishers taking a cut for nothing. Maybe the company only takes a cut when the resale is on a trusted market for example? Who knows yet…
If you’re a company and the cost benefit is better for NFTs where as a publisher you can scalp tax on all transactions on a trusted market (including whale transaction into perpetual future) you would go for it.
blockchain is an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.