Paid cosmetics in games have value because they are in a shared play space and limited by the developer of the game. For property to work, someone has to enforce ownership and punish people for "stealing" the virtual items. Is there a single meta verse all these NFTs will all coalesce in? Like does Facebook have a space where all these NFTs will actually be enforced.

Does Adidas just sell you an NFT 3d model of sneakers with only a chance they will someday be on your virtual character in a single enforceable space? Does buying an NFT jetpack mean other people won't be able to model their own and fly around in virtual reality? What is the point of buying land in decentraland if virtual office space can be multiplied infinitely and you can just telesport to any "address", with location having no importance.

Worse case scenario I imagine capitalism actually starts enforcing you to virtually walk or drive to your job, and makes skins and clothes scarce. :sadness-abysmal:

  • neo [he/him]
    ·
    3 years ago

    I suspect at least 4/5ths of metaverse is make-work for america's middle-managers trying to pretend they're being productive or hoping to catch the coattails of the next big thing. I don't think most normal people know about it, and among the ones who do even fewer care about it. But facebook can market heavily to other businesses, hence the incessant chatter of this stupid bullshit.