Re:Ubisoft deleted account with hundreds of dollars’ worth o...
by Lazare on Monday December 27, 2021 @06:31PM
(#29708282)
> But it’s probably better to think of an ERC20 (tokens) and ERC721 (NFTs) as self executing code on the Ethereum Virtual Machine.
Right, and Ubisoft is making NFTs right now, that will use that self-executing code to implement customer unfriendly restrictions on who can own and transfer the NFTs.
If your self-executing smart contract says "you lose the games when Ubisoft bans you or goes out of business", then you've gained nothing. "Ah", you say, "but what if Ubisoft decided to be nice and customer friendly?"
But this is Ubisoft. That's not going to happen. :)
Right, and Ubisoft is making NFTs right now, that will use that self-executing code to implement customer unfriendly restrictions on who can own and transfer the NFTs.
If your self-executing smart contract says "you lose the games when Ubisoft bans you or goes out of business", then you've gained nothing. "Ah", you say, "but what if Ubisoft decided to be nice and customer friendly?"
But this is Ubisoft. That's not going to happen. :)