this post was submitted on 21 Sep 2023
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Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.::NFTs had a huge bull run two years ago, with billions of dollars per month in trading volume, but now most have crashed to zero, a study found.

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[–] [email protected] 17 points 1 year ago (1 children)

Frankly that says more about the gullibility of gamers than the legitimacy of NFT. Gamers will pay for the chance of getting access a fictional character in a game that will eventually close its servers and take everything down with it. They can't seem to differentiate the value of something within the fictional ludic context and the value of something as a piece of media or an entertainment product, and gaming/tech businessmen these days take full advantage of that oversight.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

Honestly these games are so crude that most regular gamers would never even think of them as games. There are a lot of failed projects, that really just did become click and play, but there are a couple good ones on WAX. MoM is a part of WAX and has turned into something interesting, albeit they had to add extra revenue models, although I think the Devs are mostly Ukrainian... so they are likely going through some shit.

(The easiest way to describe MoM, is as a trading and crafting game. It's definitely not for most, but I enjoy playing around in the real life economical ecosystem thay has developed. There are arguably other points to it, but I think those arguments are weak...)

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

At first I thought you were a clever advertisment for that game, but as it turns out searching "mom wax" does not garner any results about games at all, so if you're not pulling our legs and they game actually exists could you post the full name? It sounds interesting