Apparently Niantic now has a head of Web3:
I just want to let Niantic know in advance that the gaming community hate NFT's/crypto in games and introducing them to Ingress or any other game will destroy any sort of goodwill the community had left.
Yes, it's coming.
And Niantic will shove it into their games ignoring player's feedback.
Greed rules it all.
trade jpgs ? please no
So we lost the Wayfarer product manager, who’s responsible for helping us “map the world” and adding new Portals etc. (https://www.linkedin.com/posts/danbilee_geospatial-gis-geomatics-activity-6948402086434799616-P3to) and got a guy who is in to NFTs?
No F***ing Thanks.
The example Henke gave at the Lightship 2022 conference was: You'd be invited to do some things in game (I heard it as a mission), and then you'd be rewarded with an NFT one-time-use coupon. The example they gave was (something like) a couple of those single-serve iced teas from a supermarket. Niantic would set up deals with vendors (who would probably pay Niantic for the advertising).
I'd probably end up collecting the NFTs because they'd probably be things I don't need, lol, like a free shot of cream at Starbucks. Then, if I came across someone who would use it, I'd drop it to them. I'm fine with all that - as long as they don't take space in my inventory limit.
Allow me to introduce you to these thing called bio-cards and badges...?
A finite number of physical items, which are paired to a digital code, which people have bought in bulk and then resold on Ebay or other methods for a profit. Supply is limited and has built-in destruction of supply by redeeming the code, thereby increasing the value of the investment. Small releases of new biocards are generated and then sold in kits as a way to maintain checks and balance against inflation of the cards prices on ebay. Demand is dictated by however many agents join the game and get hooked/converted to purchases of said cards.
Remind me how this isn't similar to NFTs at all?
Bio-cards are tangible items. In-game badges don't require the blockchain.
No, they only require a set of computing resources (effort) to continue existing.
Oh wait, that's exactly like blockchain, except it's not distributed across a P2P network.
Utilizing NFTs in the gaming world can be risky as well. Can't NFTs be used in money laundering and other criminal activities?
I'll take a wild guess and assume the compute power is nowhere near what's required for blockchain.
Ingress had NFTs long before the term became popular.
I see no issues with them
Not good for the environment.
Once laws regulating NFTs get approved, NFTs are going to be magnets for authorities like the FBI and IRS. I guess Niantic likes that scenario.