Did anything good come from NFT? Christopher Moltisanti Meme (opens in new tab), in short. I really can’t think of anything. The functionality they provide to the game is technically different from what has been available for years through traditional microtransaction sales, but it is important to understand that non-gamers are financial speculators and that those who create them, The whole business of buying and selling is practically the same thing: corruption and crime are rampant.French trade union Solidaires Informatique (opens in new tab) Explain it, no notes.
I myself take a very simple approach to the whole thing. So far it’s served me well, as I’ve never been swindled out of my money by fast-talking scammers pitching bad clip art, nor have I missed out on a gaming experience that could even be described as remotely engaging. I’m here. TfueCard (opens in new tab)? tiny little numbers (opens in new tab) In Tom Clancy’s helmet? Atari (opens in new tab)? No thank you. See, it’s easy.
But somehow it keeps happening. The money is coming in, but for a variety of reasons, including criminality, incompetence, and the fact that NFTs are inherently worthless digital ephemera, horse armor (opens in new tab) It’s a heartbreaking sentiment that set the gamer world on fire in 2006. 2022 was no exception.
Blockverse goes bankrupt
Blockburst, an unofficial play-and-earn Minecraft game, sells out its first NFT product, then splits
In February, Blockverse, an unofficial Minecraft NFT game you earn by playing, disappeared. $1.2 million or more (opens in new tab), just days after selling out the first 10,000 NFT offering in less than 8 minutes. The Blockverse founder turned up a few days later to declare that all was well and that there was nothing to worry about, but of course there was much to worry about. Promises that development would soon “get back on track” never materialized, nor did the funding.
Axie Infinity forgot to change code
Hackers affiliated with North Korea use security revocation to steal $617 in crypto
Blockverse’s multi-million dollar rag pull was hacked by Axie Infinity’s techno botch $617 million (opens in new tab) in cryptocurrency. It’s a bit confusing, but a simple analogy would be someone forgetting to change the permissions after an NFT giveaway promotion, and a ton of money leaving the house shortly afterwards.
It wasn’t a carpet pull, it was a failure, but the end result was the same.Many people lost a lot of money because a malicious d-bag decided he wanted it. north korea (opens in new tab)some of the stolen funds were refunded and Axie Infinity eventually resumed activity, but the token price is now well below pre-heist levels.
F1 Delta Time out of gas
F1 Delta Time, one of the first NFT games, loses license, players lose cars
F1 delta time (opens in new tab) It didn’t fall victim to ragpull or incompetence, but it demonstrated the inherent worthlessness of NFTs. Most Expensive NFT’, created a diamond encrusted F1 car (actually a rather low quality rendering) called 1-1-1. It was closed because of the scourge, and those NFTs are basically gone. Developer Animoca offers different types of compensation for currently useless ‘assets’, including ‘proxy assets’ that will be ‘used in the future to acquire his NFTs to products across the REVV Motorsport ecosystem’ provided. But given that digital permanence is the whole raison d’etre of NFTs, you can be forgiven for asking, “Hey, where’s my car?”
The Untamed Isles sink into the sea
Crypto Crash Takes Down Crowdfunded MMO Untamed Isles, No Money Left For Refund
crowdfunding MMO undeveloped islands was a huge success on Kickstarter, more than quadrupling its goal of NZ$200,000 ($127,000). Real-world success was somewhat less. In August, the developers blamed the 2022 cryptocurrency crash for their predicament and put the project on hold. This resulted in some seriously frustrating feedback from Kickstarter backers. The developer said Phat Loot Studios is “looking into ways to bring back both the core studio and the game so that it can be finished and released,” but has since said that no further updates have been made. there is no. Untamed Isles website (opens in new tab), kick starter (opens in new tab)Also vapor (opens in new tab) page.
CNN shuts down Vault
CNN is ending its Vault NFT program, giving up its promise of “exclusive CNN perks” and the ability to create your own NFTs based on CNN articles
Launched in June 2021, CNN’s Vault NFT program offered a “digital collection” of jpgs of “significant historical moments” extracted from the archives. It also provided a built-in system for buying and trading NFTs (i.e. making money) through “a variety of sales formats, including both open and limited editions.”But in October said goodbye The whole thing led to widespread cries of “rag pull” from NFT owners. Because NFTs still exist. But other parts of the closure are more sketchy: 2022 Roadmap (opens in new tab), still accessible on the Vault website, hinted at everything from NFT’s new Photography for Change series to “CNN exclusive benefits for Vault collectors” to the ability to create an NFT based on any CNN article you want. rice field. warning.
Seth Green’s Apes Gone and Went Home Again
Seth Green is tricked by a crook into paying $300,000 to get back one of his stupid and ugly apes
Seth Green, known to gamers as Jeff “Joker” Morrow in Normandy Pilots on the Mass Effect games, spent about $300,000 on his rug in June. Take back ownership of the Bored Ape NFT I can’t imagine being rich enough to lower the price of a Ferrari with low-quality monkey graffiti, but if so, have enough taste (or basic common sense) not to. I hope you have
https://t.co/e7h3rfR3OHpic.twitter.com/lp5JWr762PMay 17, 2022
40,000 years in prison
Alleged NFT Ragplaler faces a jail sentence long enough to cover the entire Warhammer 40,000 timeline
The collapse of cryptocurrency exchange Thodex in April 2021 resulted in a loss of more than $2.5 billion and its founder, Faruk Fatih Özer, stole millions from the company and fled to Albania. He was eventually arrested and ordered extradited to Turkey to stand trial.If convicted, he faces 40,564 years in prisonwhich by my calculations means that he may be just in time to join 14th Black Crusade.