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Re:At Satoshi’s Tea Garden by dogman144 on Thursday April 29, 2021 @08:54AM (#26980548)
Gaming skins and the general market around in-game transactions for purely digital goods indicate what the market looks like. People are paying quite a fair bit for purely digital goods, and it doesn’t seem like a leap to say they’ll pay for discrete digital good s: “the only skin of this kind in Fortnite”
Re:At Satoshi’s Tea Garden by criddell on Thursday April 29, 2021 @09:47AM (#26981101)
> the only skin of this kind in Fortnite

An NFT doesn't say anything about the uniqueness of the underlying digital good, it only shows who owns it. That Fortnite skin can still be duplicated endlessly.

Re:At Satoshi’s Tea Garden by pradn on Thursday April 29, 2021 @10:11AM (#26981397)
Ownership of a Fortnite skin guarantees that only the owner can wear the skin. Owning an NFT doesn't guarantee exclusive use, as anyone can view the digital image/video/etc that the NFT has wrapped.

I'm interested to know how prices for tradable goods changed as they are obsoleted by newer, shinier things, or by the game being abandoned altogether.

Re:At Satoshi’s Tea Garden by psychlops on Thursday April 29, 2021 @11:30AM (#26982450)
I'm sure you already know the answer to how this will turn out. The price will be substantially discounted. I notice that the secondary market isn't making headlines, just these initial sales.
Re:At Satoshi’s Tea Garden by criddell on Thursday April 29, 2021 @11:46AM (#26982653)
> Ownership of a Fortnite skin guarantees that only the owner can wear the skin.

Is that guarantee in the cryptographic sense or policy sense?

Re:At Satoshi’s Tea Garden by pradn on Thursday April 29, 2021 @01:51PM (#26984216)
Ownership in a "good enough to dictate the value of the object through its exclusivity." If the player base sees Fortnite renege on its promise of uniqueness, they'll revolt, or at least the price of these unique items will drop.
Re:At Satoshi’s Tea Garden by SketchySeaBeast on Thursday April 29, 2021 @09:10AM (#26980688)
But there's nothing stopping Fortnite from developing that right now without the need for a NFT. Sure you guarantee uniqueness with the token, but they can later create an identical skin with a new token. I really don't know what this buys that sort of transaction.
Re:At Satoshi’s Tea Garden by ashtonkem on Thursday April 29, 2021 @10:13AM (#26981417)
They could also ignore the tokens too. This is another off chain issue, there’s no guarantee that something outside the blockchains is obligated to respect what the blockchain says reality should be.
Re:At Satoshi’s Tea Garden by ehnto on Thursday April 29, 2021 @10:11AM (#26981394)
They could also release the same skin without any token even after someone paid for it, the token means nothing. The token is a gesture.
Re:At Satoshi’s Tea Garden by SketchySeaBeast on Thursday April 29, 2021 @10:19AM (#26981498)
Yeah, I was making the assumption they created new rules and were playing by them, but yes, like the article says, you can share the images as much as you want. It's only the token that's the non-reproducible bit.
Re:At Satoshi’s Tea Garden by shawnz on Thursday April 29, 2021 @09:17AM (#26980752)
Fortnite already has the infrastructure to do such a thing, but with NFTs, the infrastructure is open to anyone.
Re:At Satoshi’s Tea Garden by SketchySeaBeast on Thursday April 29, 2021 @09:20AM (#26980796)
That's true, but what's in it for Fortnite? That skin only really has value while the lights are on. I suppose it would have a "proof of purchase" appeal after the fact where the totally useless item can keep getting traded even after the servers are shut, but unless that proves to be of great monetary value I don't know why Epic would care.
Re:At Satoshi’s Tea Garden by shawnz on Thursday April 29, 2021 @09:26AM (#26980843)
I didn't mean to say that people will make NFTs for Fortnite skins (and I don't think that's what the other poster is saying either, but maybe I'm wrong).

Rather, people will probably make NFTs for art or social events or similar. The fact that people are buying essentially useless/decorative skins on Fortnite today is just evidence that such a market could be successful at all.

Re:At Satoshi’s Tea Garden by dogman144 on Thursday April 29, 2021 @10:42AM (#26981794)
Agreed, this summarizes my view as well.

The criticism above are valid, but at a base level: people are paying for exclusive, purely digital goods. Them paying unique, purely digital goods, doesn’t seem like a stretch.

This is putting aside questions of product dev and incentives for somewhere like Fortnite. It arguably has the incentives to sell unique skins, and the blockchain/NFT use is at minimum a solid marketing ploy, at maximum actually worth doing if they do charge out the a* for a unique skin as the customer would want to know it’s as such.

Re:At Satoshi’s Tea Garden by SketchySeaBeast on Thursday April 29, 2021 @09:32AM (#26980924)
Fair enough. I may be misunderstanding the point.
Re:At Satoshi’s Tea Garden by ashtonkem on Thursday April 29, 2021 @10:11AM (#26981403)
Which NFTs do literally nothing to solve.