• SLR
  • Why don’t we replace favorites with NFTs?

dojimmy Ubisoft pulled the same bs argument, hence my inital research.

Gaming is precisely where crypto, blockchain, and NFTs make a ton of sense and will become game changing. These games that create an in-game economy with in-game items for purchase… they are lacking right now because people that spend $50 on weapons upgrades, or skins, or what have you, once they are done with the game they can never get those sunken costs back out. Once games move towards these being NFTs that are owned by the player, and can be resold at a later time to someone else on open markets, who then have provable ownership, well that changes everything.

    doublevr

    Here's my thing. I am a programmer and I've been in the crypto space for many years now. What you need to ask yourself is what goal are you solving for here? What business opportunities arise? What customer benefits are provided?
    If you just have a shallow answer it can be likened to the .com fever. Just crypto fever.

    Lifetime subscriptions should be an nft. That makes it a transferable asset for the user. That allows the company to use blockchain tech to verify the user has access to the service. Solid use case which for nft's which nobody is doing because... monke pics. It could allow providing access to users on other services using that same nft. Multi-network porn site deals comes to mind but traditionally they weren't ever actually that good to me. I should add: Lifetime sub when a user doesn't do anything crypto is still a thing that has to be handled. At least until it is more universal.

    Replacing favorites with nft's, to me, sounds horrendous. You take away a valuable feature and replace it with something serving a different purpose. Even if you tokenized videos and we had to pay for each one or whatever... within the list of my collection I would want favorites.

    Tokenize every video. Makes sense. Provides a solid base to ensure user A has access to that (whether by purchase or subscription). If other producers were on board and getting their fair cut of sales SLR users could go to their service and still access that video. That kind of thing should exist. Crypto does facilitate it more simply that traditional code methods would. In fact all data on a video could be on-chain and global to all services. Obviously certain issues there but globally share user feedback on something could be pretty cool. Today, we just have the same video on infinite distributors each with their whole own community uniquely ranking, commenting, etc. Hell if you did it would be the first true 'multiverse'. I don't even think zucker understands the concept. Silo'd private ecosystems is just a garbage facelift on what already exists. It should not be bound by private entities. You wouldn't store video files themselves on-chain at this stage, to be clear. We're not there yet.

    You'd need to stress test HARD. Even basic account queries against a blockchain is completely dependent on that chain functioning at an acceptable speed... which often gets muddy. I don't know what kind of traffic SLR generates but you need to test with a sustained load like that against the desired chain. They make a lot of claims they don't consistently deliver on. Caching and such will come into play of course.

    I think there is plenty of opportunity to gamify SLR with crypto, or in gamify it in general. I also thing there is a lot of room to creatively innovate. Just make sure it makes sense. It needs to be seen by solid minded people and not simple lambros or idiots who understand the lameness of the hype without understanding the technology.

    I can talk at length on this stuff but will stop here. Cheers.

      argyle43 and yes while i agree it changes everything, it is not a change that an overwhelming majority of gamers are welcoming with open arms, and nearly every gamer i speak to is hoping its a passing fad that will fail when the weebs and eboys realise its a waste of time.

        dojimmy nearly every gamer i speak to is hoping its a passing fad that will fail

        well respectfully I don’t see that happening. Crypto currency and NFTs are simply two applications of blockchain technology. Like the Internet, blockchain is here to stay, and like the early Internet it’s currently in a Wild West state full of fads and pets.com stupidity. The bear market we’re seeing (in crypto and with monkey pic NFTs, etc.) is the crypto bubble bursting under the pressure of other economic forces currently underway. I predict it will clean up / purge out most of the bullshit and scams, and over the next year or two the only projects left standing will be legitimate ones that will move blockchain into the future that changes a lot of industries. With those changes will come better understanding and accelerating adoption. Gaming will be one of the big industries that changes for the reasons I described above. I guess only time will tell who’s predicting this correctly though.

          argyle43 i agree if done right and in the right places there is definetly intersting possibilitys from NFT and block chain, i just have this vision of so many companys, sites, games etc handling it so poorly, and if that carries on so much of the market share will become dissatisfied to the point they move their attention and purchases elsewhere.

            I guess part of my worry in gaming is the gacha element that i can see working its way into nft form, ie open X amount of loot boxss to get pieces of a weapon/item/blueprint/cosmetic that is also an nft, gacha games are punishing enough already without the added nuisence of overpowered items adding to the whale advantages and power creep.

            I heard that is basically the plan for nino no kuni also and all of netmarbles new games moving forward, it puts me off even trying them out.

              dojimmy so much of the market share will become dissatisfied to the point they move their attention

              again, I believe this is a function of understanding and adoption in the wake of criminals and scam artists doing a lot of the early thriving in what is a new and often misunderstood technology. If you feel inclined I recommend listening to this whole lecture, but I jumped to the point this guy has made many times to explain how/why Blockchain (BTC is his substitute for the tech at large) is misunderstood and written off, much like automobiles and electricity and any other world-changing technology was when it first hit the scene.

              https://youtu.be/LeclUjKm408?t=136

              Honestly if you think the performers deserve more money, please pay them more money (and pass on the cost to us as subscribers)

              dojimmy it’s probably going to take AAA games that are built from scratch on a blockchain and with an accompanying token/NFT economy to get this to the state that gamers will immediately recognize the benefits. Shrapnel and Project Quantum are two such projects that are in these stages of early development. Worth checking out if you’ve never heard of them.

              Rakly3 actually I'm not aware of any sustainable nft application, nor anyone was ever able te reply me on that

                OttselWithPants all good. The op was intended to discuss ideas. We won't introduce anything until we have a clear vision and see it's making life of our users and us the users better

                I would much prefer efforts were spent on things the community have actually shown interest in.

                Please let me know about those

                  uselinux What exactly would be the logic for lifetime NFTs?

                  Introducing NFTs for favorites makes it more personalized. Potentially each creator and performer can have their own nfts. Some part of SLR Premium pool might be assigned to these NFTs thus giving them some real value. Otherwise these Nfts should function exactly like likes, just adding some more features on top of it. Not a single feature of favorites is going to be lost in transition.

                  Actually I’m just messing around with the idea. I don’t fully understand how it works, nor I can think of anyone who can make sense of it or provide some actual usecase.

                  Potentially we can introduce NFT for pay per video.

                  What provider should we go with for that? Let me know if you’d like to join our effort to make things work

                    argyle43

                    argyle43 These games that create an in-game economy with in-game items for purchase

                    The so called "in game economy" is the bullshit that runs wrong in the whole gaming industry. And it does not matter if you hide your predatory monetization behind some virtual ingame currency or NFTs.

                    It's kind of wild to accuse people of not understanding the broader appeal of NFTs and what you could achieve for the subscribers with them like giving them an actual benefit at no extra costs, while your whole concept basically consists of a headline and two sentences that are barely understandable for normal people...

                    I still don't understand a single bit how these NFTs should benefit me. What am I supposed to get for my money here? And what is it that I'm missing out in case I don't want to purchase any NFTs? That's the really important question imho...

                    doublevr telephone numbers, license plates, addresses. Web addresses. IP's

                    Non Fungible Token just means they are not interchangeable. 'Normal' tokens (ie 1 dollar bill) are.

                    When you apply this to digital assets, people would have to share their personal wallet (like your bank account) or, depending on what kind of system you use, can be traced back to who leaked it. You could disable all pirated copies, etc...

                    NFT isn't something magical. It literally means non-interchangeable identifier.


                    NFT does not mean some image, or game asset, those are just ONE use case of NFT.
                    I'm not talking about building a trading platform for NFT's. In this use-case I'm proposing it does not make a lick of difference for the users or if they are even aware of it.

                    ibins

                    so NFT should become the new DRM, only to avoid the letters DRM?

                    No. It's not a 1:1 comparison. With NFT + blockchain you can do MUCH more. ie you could program the videos, scripts etc to automatically pay out the model(s), studio, producers, editors etc, in real time, every time some one purchases the content. That saves a lot of money on all billing related work and banking fees. - You wouldn't believe how much it costs for (any) porn site just to do all the billing and payments. It's probably the largest cost as a percentage of the revenue.
                    There would be no hassle about if the bills are correct, make invoices...
                    And it doesn't need a network like BTC to run this. You can run this on a phone (I wouldn't run it on phone though lol, not secure)

                    It would also incentivise the models themselves to advertise their scenes as they are directly impacted by it. Saves you (SLR) on advertisement campaigns.
                    Just an example.

                    It can be expanded on to introduce many more things.
                    ie, make all toys that come to market automatically compatible with scripts/SLR if the manufacturer wants to. And not depend on SLR devs to implement it one by one in the app. There's demand for many toys to be made compatible and not enough development power to keep up with it right now.

                    I mean, seriously, how are these bad usecases for NFT?

                      doublevr

                      all good. The op was intended to discuss ideas. We won't introduce anything until we have a clear vision and see it's making life of our users and us the users better

                      But the thing we want to introduce is not what people think of when they hear 'NFT'

                      Rakly3

                      Rakly3 And it doesn't need a network like BTC to run this.

                      Well as far as I know most NFTs currently use the Ethereum blockchain, and therefore their proof-of-work algorithm with all the energy waste tied to it. Sure you could use other blockchains as well, and maybe one day Ethereum actually will switch to proof-of-stake, but for now it is how it is.

                      Rakly3 It can be expanded on to introduce many more things.
                      ie, make all toys that come to market automatically compatible with scripts/SLR if the manufacturer wants to.

                      You would not need NFT for this as long as you have a plaintext file that everyone can read, every toy manufacturer can do something with it.

                      It is quite the opposite, to make an analogy, NFTs are the music files tied to iPods back then when they where released back then. Without NFT you can have AACs/MP3s that are playable everywhere.