I agree this is one facet, but other is we now have a trustless ownership protocol (ie. cryto + NFTs) that will lay the foundation for people "caring" about the stuff and status you have in the metaverse.
The virtual stuff you "own" in virtual environments are going to be siloed in individual companies' ecosystems. Just like GTA Online is never going to give me any sort of benefit from the fancy sword I have in World of Warcraft, neither is Facebook/Meta going give me any benefit from the couch I have in whatever system Microsoft or Valve puts out. NFTs are never going to materialize into that sort of cross-ecosystem unified ownership because no large company benefits from honoring assets obtained in another company's ecosystem.
This is already happening. You're thinking about this in reverse.
The web 1.0 and 2.0 way of thinking if we build the product, then we own the community.
The web 3.0 way of thinking is there are existing communities out there (BAYC, Punks, etc.) that we can enable to use our product and come into our space.
Never say never. A “stuff” import seems like the kind of feature that would have to be copied by other platforms as soon as one does it, but there’s a chicken and egg aspect.
I disagree with the whole “value of ownership” thing. Making knock off nfts is trivial, so this relies on people caring enough about provenance to police this and shame people that have knock offs in their virtual environment.
Digital goods can be copied for free. It’s the killer feature of digital. No more scarcity!! Any system that fails to embrace this will be outcompeted long term. See the music industry.
What stops me from minting an NFT that says I own anything I want? If platforms are only honoring NFTs minted by other platforms then they might as well just share that information in a database.
Same way you can't just print out a copy of the mona lisa?
People care about status and authenticity.
Imagine a virtual world where
1. You have the validate you are an avatar you own
2. You can be anything you want
The virtual world 1 is way more interesting because it's authentic and the people of status will want to use it and people of less status will build towards being higher status.
It's pretty easy to setup your own private WoW server where you can give yourself all the best items. Why do people then spend hundreds of hours grinding for them on official servers?
The ultimate scarcity is human attention and creativity - so in the limit that will always be a thing that is a form of wealth. The ownership of digital assets (NFTs or not) is fundamentally an output of a system where someone chooses to expend creative energy into making the asset, and traded that opportunity cost off based on the expected outcome. A scenario where that work would not be something they could capture value from by enforcement mechanisms of scarcity would lead to some of these efforts not happening. (Not all of course, many people do amazing CC licensed work. But it doesn’t pay the bills.)
Like the answer to all of the juvenile notions of "the rich" - because they are the ones making, running, and maintaining the goddamned servers in question!
NFTs are dumb but so is the concept of no ownership in a way that conflates definitions so.
If it is popular to have say a World Tree in a pool as your spawn point and said map is a popular one you would still have instance ownership even if the map itself is free software. Having your own instance would be found preferrable to most compared to a common flooded one with millions clipping through each other and trolls rampant.
delecti|4 years ago
charlesju|4 years ago
The web 1.0 and 2.0 way of thinking if we build the product, then we own the community.
The web 3.0 way of thinking is there are existing communities out there (BAYC, Punks, etc.) that we can enable to use our product and come into our space.
And this is already happening.
nkingsy|4 years ago
I disagree with the whole “value of ownership” thing. Making knock off nfts is trivial, so this relies on people caring enough about provenance to police this and shame people that have knock offs in their virtual environment.
Digital goods can be copied for free. It’s the killer feature of digital. No more scarcity!! Any system that fails to embrace this will be outcompeted long term. See the music industry.
roywiggins|4 years ago
roywiggins|4 years ago
charlesju|4 years ago
People care about status and authenticity.
Imagine a virtual world where
1. You have the validate you are an avatar you own
2. You can be anything you want
The virtual world 1 is way more interesting because it's authentic and the people of status will want to use it and people of less status will build towards being higher status.
TimJRobinson|4 years ago
Ponder that question and you'll have your answer.
tomc1985|4 years ago
How about a virtual world of no ownership? Why must we give the wealthy yet another venue to lord their status over us?
gfodor|4 years ago
Nasrudith|4 years ago
NFTs are dumb but so is the concept of no ownership in a way that conflates definitions so.
If it is popular to have say a World Tree in a pool as your spawn point and said map is a popular one you would still have instance ownership even if the map itself is free software. Having your own instance would be found preferrable to most compared to a common flooded one with millions clipping through each other and trolls rampant.