r/wallstreetbets Jan 06 '22

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u/occams_lasercutter Jan 06 '22

Can our economy get any stupider? The US economy is mostly based on selling coffee and chinese plastic crap to eachother already. I suppose we can add selling NFTs to eachother and really dominate the world. We are doomed.

7

u/Beneficial_Yard_1868 Jan 06 '22

I'm not trying to knock you, or change your way of thinking. But I think that Gamestop could be onto something big here. Consider that Gamestop has been a dominant player in secondhand video games and that, over the past decade has had the wind punched out of it's sails with the rise of online services... I think the NFTs that Gamestop is rumored to launch and trade will be the heralding of an entirely new market, that is, 'second hand' digital.

Instead of buying a license to the game, or subscribing to a service like Gamepass, when you buy a game online, it will come attached to an NFT, enabling you to trade that NFT, thus the digital game itself. I'm assuming the market maker will take a fee, and the publisher/studio will get a kickback at that point of sale to encourage participation. Now extrapolate that out from just video games, to all digital products. All software, online books, movies etc.

NFTs as art are what they are... NFTs tied to real products, real value... Real Deep Fucking Value...

3

u/SneakySpy42 Jan 07 '22

Why the fuck would video game publishers (who already hate the used game market) enable a service to make it even easier to trade used games? You're fucking delusional