NFTs: "I used to think my life was a tragedy, but now I realize, it's a comedy." SURPRISE MECHANICS (MERCH): www.yongyea.com PATREON: www.patreon.com/yongyea TWITTER: twitter.com/yongyea TOP PATRONS [CIPHER] - Joseph Lavoie - Mick [BIG BOSS] - Coopster - Devon B - Jonathan Ball - Sarano [BOSS] - Charlie Galvin - Gerardo Andrade - Michael Redmond - Peter Vrba - Time Dragonlord [LEGENDARY] - BattleBladeWar - D Kurtti - TacoBell Call911 - Theron Webb
Funny how NFTs are supposed to offer """digital ownership""", but to date they have been used more to take away ownership from people who create digital media
@@tjenadonn6158 It's mandatory to laugh at people who say that their worthless ape jpegs are "stolen" since said jpegs have no value to begin with and can easily be right-clicked/saved.
@@MyNameIsBucket You proceed from a false assumption. Capitalism is supposed to be about producing something of value. Theft is something else entirely.
"Preserving abandonware on the blockchain" Right but... NFTs don't actually preserve the game on the chain, just a link to it. It's still just a spot on a database. The game can still vanish via link rot and such.
It's not different of what companies thought of the NFT idea. "Hey, we have tons of old retro game data sitting there and costing us money upholding them. Let's make NFT not risking dime or rights, but make stupid amount of money of stupid people"
I'm noticing a pattern here. The main issue with crypto bros is that for some reason they seem to think that if you spend enough money on a product, you get to earn the rights behind the thing. And if the product is free, you can claim it like Marvin the Martian sticking his Mars flag on Earth ground.
That literally happened last year when some cyrtobros bought a rare copy of dune book. They thought they own the rights to make not only nfts of dune but they can sell the book on digital market and make animated movie and tv show and games. They literally thought they bought a franchise by buying a old and only copy rare dune book. Narcissistic and greed in their eyes
Has that Dune DAO started production on their animated Dune series yet after they spent millions on some concept/art book from some Dune movie that never happened?
@@evandaymon8303 Imagine being one of the lawyers for the Frank Herbert literary estate. You went to law school just to wind up explaining to a bunch of manchildren that they don't own the rights to the entire Dune franchise just because they purchased a book, and trying to teach the basic basics of copyright law to the digital equivalent of sovereign citizens. It must be the legal equivalent of surgeons pulling vegetables, shampoo bottles, and other "foreign objects" out of people's rectums. Yeah, it's easy work, but nobody grows up or goes to law school/med school dreaming of doing it.
But the sad thing is, NFTs did have potential. If they would have put them legitimate digital games and content, it would have given leverage to customers against a company that would attempt to "delist and delete" digital games and DLC. If that's what the game companies had used them for on the onset, it would have been beneficial as a "receipt" of the games purchase. But NO, they had to abuse it, and now something that could have benefitted gamers is now widely mocked, derided, and proof that companies will go to any lengths to create a market.
Remember when they tried to steal Magic: the Gathering art and make them into NFTs? 😂 Wizards of the Coast? Nah they're not litigious as hell, to the moon bois lol
It's one thing to be criminals, but they're not even good at crime. They think they're Walter White, but the only thing they have in common with him is that their money is fictional.
Selling NFT's IS theft, it's fraud. Because they are a scam. It's the modern day equivalent of "I've got a bridge to sell...." As far as Blackthorne, Blizzard is still selling that today...as part of a collection.
NFT is like monopoly game, i mean THAT monopoly game. They just playing a system where they thought they own everything in the board by using absurd amount of REAL money to bought it. Like, imagine some place where you can play a monopoly game with *FAKE* money bought with *REAL* money, to own *IMAGINARY* properties! That would be the best game ever made! Oh wait....
What's even better is that NFTs, and cryptocurrencies overall, have jumped off a cliff in terms of actual value. Stealing Retro games is frankly a drop in the bucket, even if it's blatantly anti-preservation. Though, that crypto drop off has a nice dose of critical irony. Remember Square Enix sold of some of their IPs (like Deus Ex and Tomb Raider) to focus on NFTs and the Metaverse. I don't think there's ever been a more embarrassing fuck up from Square Enix in gaming, holy shit is that funny.
@@jackhazardous4008 It was great for the games for sure. For Squeenix it was like going to the racetrack and putting your life's savings on the guy who showed up in a Yugo.
I genuinely wonder how the Square Enix CEO is taking all of this. You think he already has his resignation letter written and ready to go? I mean after a huge blunder like this I don't think he has much of a future with the company.
Not only it's scummy, it's also lazy, it's theft, and a blatant display of greed. Instead of just making _their own games_ they do this shit, absolutely shameless.
Not just shameless, but incredibly stupid. Like holy shit these people either thought they'd get away with this or didn't even realise there could be legal consequences, I don't know what's dumber.
At least asset flippers like the guys behind Digital Homicide put the least amount of effort into making their own games. Imagine finding a way to be involved in the game industry while being even lazier than DigiHom.
Again, the concept could be cool, there are these little electronic cubes that are called Cube world (i think). If you have a few of them, you can connect them, they do things all the while interact with the others, making them more valuable as the collection expands. The execution in these NFTs is just fraudulent.
Being able to understand things, like how artists make money off of art, what parts of games gamers find valuable and enjoyable, and or even just that paying for one copy of a product doesn't mean that you are the exclusive rightsholder to that product for time and eternity, is a prerequisite for getting into the NFTspace.
@@yaqbulyakkerbat4190 stealing ip is illegal. Thats literally the claim being made here. And actually whats likely to get them fucked is not refunding the money after they took away the product. Comments filled with calls for jail.. He meant exactly what I said.
@@nwerd7584 Far as I'm aware NFT's are still somewhat nebulous legally so I wasn't going with an absolute on law. I was going by what I can know for certain which is the potential threat of civil litigation for known and owned trademark/copyright infringement. Ultimately we're arguing the exact same thing here.
I can't believe this has been so prevalent. The ammount of people I've seen stealing other peoples art and work and attempting to sell them for thousands of dollars is sickening. They need to go out and get a job.
People get into crypto specifically in order so that they dony have to get a real job and actually work. If crypto didn't exist these guys would be starting Ponzi schemes using real money or running multilevel marketing schemes a la LuLaRoe.
"Oh look, here's a game freely available to everyone! Let's put a price tag on it and distribute it as an NFT, despite the fact that our 'customers' could just get it freely other ways! What could possibly go wrong!~"
The "freeware" argument sounds a lot like going into a McDonalds to fill up water bottles with their free water, then stepping outside and selling those bottles....
It’s even worse. That tap water doesn’t require a license to distribute, and you can’t be sued out of your ass for distribution without a license. These morons were practically inviting people to sue them into the ground.
The chimpanzee pictures are stupid AF but I think it will have some practical uses for the technology since they're non fungible. Things like contracts, deeds for ownership of real property like houses, wills, personal identification, etc. The blockchain verification should make it much harder to commit fraud on such things.
A pointless greedy effort in turning games into NFTS that inevitably blew up in their faces. They are ready desperate by this point. Time's a ticking and it's not looking good for them.
I hate that NFT-bros can pervert otherwise altruistic causes like the preservation of games media or the salvation of Magic the Gathering into incredibly idiotic ponzi schemes. :/
I'm sure a lot of companies just kinda let piracy of their old games slide, but they wouldn't ignore someone trying to sell their stuff without permission. Also, "preservation on the blockchain"? So it's magically immune to things just being taken down?
If it was possible to actually preserve MBs and GBs worth of data on the blockchain, wouldn't it take astronomical amounts of data processing to record the data into millions of ledgers? That would raise the civilization's energy usage through several skies. All of this sounds apeshit crazy! Probably that's why these scammers resorted to storing hyperlinks to external files instead in the first place.
Abandonware is neither a legal definition nor a commercial one. It's a colloquial expression. It gives you ZERO rights to profit from it as if it's your own.
Reminds me of the dot com boom where people would pay exorbitant prices for shares of literally any company with a shitty webpage. Some of those companies survived (Apple, eBay...), but most just went up in a poof of digital smoke.
Blackthorne? I mean, yeah, it's old, but is it abandonware when Blizzard themselves just re-released it in the Blizzard Arcade Collection? And it was just the demo... I swear, listen to these people think, and we'll hear dial-up noises from their brains.
None of the titles mentioned that I've seen had even actually *hit* the 10 year mark for designation as abandonware. That's 10 years of the company abandoning the IP *completely.* Even when it's abandonware, copyright law still applies, though free distribution gets a little more lax.
@@cygnata Copyright of the IP and of the source code for each version are two different things, there are old versions of Blackthorne made for old hardware that are abandonware.
With all of the illegal and scumy stuff surrounding NFTs I'm surprised by the enthusiasm some people still have for them. I mean it doesn't take a genius to see them as the scam that they are.
@@brianjensen5661 Thing about a gold rush: It involves actual gold. Sure, it also often involves acting on really bad information and/or making huge and highly ill-advised gambles, but generally the reason for a gold rush was, you know, the fact that there was actually gold in the area. NFTs... there's not even pyrite.
In some ways that's why capitalism worked for a long time. People are dumb enough to buy anything. Only now are some people coming to realize that this may not be a good thing.
Part of me wants to see someone mint a bunch of nintendo IP onto the bitcoin or Ethereum blockchain, and then report it to nintendo and watch one of the most litigious companies on the planet try and DMCA an entire blockchain.
I dont think they will fail that easy because well the badguy somehow always survive the fact there some company think nft is a "great and excellent".... Man i still thinking who started this "nft" thing
NFT is like buying music on iTunes or movie on Amazon. You're literally just leasing a license to use but upon the true owner of rights and copyrights could pull all licenses away. That's why physical media will like DVD, CD or whatever will retain more value and prevent lost media.
For something to fall on public domain in USA, you have to wait 100 years thanks to Disney (Not sure?). (Or 56 if the congress pass the bill). There's still ZERO video game to this year that can be considered into the public domain for at least six years(if the bill pass) or more than 50 years (if hte bill don't pass), and the first game who fall into public domain will be pong. Abandonware is not equal to public domain. You can just own it for free, download it, play it, certainly not use it commercially. (Outside of private sales, not for your company like selling it on Ebay. (I don't know if i'm clear here) The best exemple of Abandonware still under copy right are the original fallout games: They where on abandonware for a long period until Bethesda decide to remove them from that status and sell them again. So those NFT companies are litteraly doing something illegal. They should go to jail right there for that.
Worse, the games referenced in the article *aren't* abandonware. There were FREEware - games that the source company doesn't care if you download and play for free since they aren't doing anything directly with it. Also, the comment below yours says that one of the Blizzard games was just re-released as part of a collection of games...
Abandonware is precisely what the name implies. A product that for whatever reason the owners no longer bothers to enforce the copyright. But the copyright is still there and the owners can choose to enforce it any time they want.
@@Geekezf Yes it's illegal. It's technically illegal to even download an abandonware game unless the copyright holder gives you permission to do so. For instance Bethesda gives away the first two Elder Scrolls games for free. Because of that it is perfectly legal to download it because they are giving you their permission. They could rescind that permission thus making it illegal again. But as long they are willingly giving it away it is legal. But that doesn't mean you have the right to sell it because they are not giving you permission to do that. Digital games in general do not work like physical copies. If you buy a physical copy you are allowed to resell it for personal profit. Because that copy is your personal property to do with what you will. Digital games don't work that way. When you get a digital game you are really just getting a license that outlines what you are allowed to do with the game. So unless that license give you permission to resell the game it will be illegal to do so.
The greatest blessing of digital technology is that data is infinitely reproducible and everything can be represented as data. NFTs are just a particularly stupid form of DRM.
Nintendo put a couple on the streets, just for running a ROM Library. And the money earned through that site was used mostly for the site's maintenance. What they thought was gonna happen when the Internet found out they would use them for personal profit?
And directly proffiting off something you don't have the actual liscensing for is. You know illegal. Not saying nintendo is always in the right for taking these rom sites down. But the ones aiming to directly proffit off of them, are 100% in the wrong.
I mean that’s fair though they were making money off Nintendo’s work, that’s illegal and what Nintendo is totally justified, though I still agree Nintendo is insane lmao
@@omega1231 well, they did it to Activision, another company known for being extremely litigious when it comes to protecting their IPs. At least Activision will still settle if you abide to a cease and desist order, Nintendo will not stop until they have effectively bankrupted you.
@@EskChan19 Square is thankfully just making bad games thus far to use NFTs. Unfortunately, Square and Ubisoft have both kinda already ruined several of their franchises before NFTs were a thing.
@@EskChan19 Ubisoft's franchises were already relatively weak and as generic-ized as they could possibly get, and Embracer may actually handle those IPs that Square sold off better than they did. Next in line perhaps Konami should sell theirs too.
I still see "NFT Bros" trying to defend them and blockchains on news sites and none of them have been able to give me just one example of either working as promised. The sick thing is, even so-called experts don't realize or are willfully ignorant of the theft and whatnot until _they_ get nailed with lawsuits and then they just go completely silent.
Now to watch Ubisoft's next move after full-sending into this failing market. Can't believe we're finally starting to come together and say no with our wallets.
To say nothing of Squeenix selling Tomb Raider, Deus Ex, Thief, and tons more of its IPs for a song to get into this market right as it went full Hindenburg.
To be fair: Before, chumps were paying $15 for a cosmetic that at least had the benefit of looking cool. But even the whales have the willpower to refrain from spending $100+ for a receipt for an extremely basic gun skin. NFT bros try and hype up the fact that "Your NFT might go up in value and you can resell it for a huge profit!". But these whales spend thousands of dollars on gatcha lootboxes just to unlock and max out their waifus. For them, *it was never about the money*.
yeah, then once the well is dry and the next big thing pops up all the scammers will move there and act like it's the greatest thing since sliced bread
I've never been able to understand why people would ever think an NFT would have any value, you are just paying to say that you own an internet link, but that title of ownership appears to provide no actual benefits. They only have any appeal because they are confusing, and challenge the definition of the term "Ownership," which was already an artificial construct to begin with. NFTs may be just tricking people into thinking they own the art in any meaningful way, and that's why people buy into it. Who am I kidding, the real reason people are buying NFTs is because they went viral at some point, providing a seed of interest. Then, everyone wanting to make money on an investment bought NFTs because they were going up, and they kept going up in price because they were going up in price. Thus, the Value of NFTs is 100% pure, distilled speculation, with no real value to back it up at all. Quite interesting really. Even Tulip bulbs has some actual real value.
Nfts are a nice social study tbh, how much people are willing to pay for speculations and Fomo, without having anything to show for they’re investment….really interesting indeed
It seems that there's a lot of confusion surrounding usage rights and copyright among the NFT community. That or they're faking it when they get caught. Some seem to believe that NFTs and blockchain somehow exist outside of copyright law.
This reminds me of those game hacks that have the message at the beginning, something like "this game was made by the love and passion of fans. If you paid for this, they scammed you" But this is even MORE stupid.
_"No longer updating or paying attention to the game does not equate to the company giving up the rights and the ownership of that IP and that game"_ Technically speaking, abandonment is one of the major ways you can lose a copyright. That being said, it takes quite a few decades for this to happen, and the videogame industry itself hasn't even existed for that long. Abandonware has always been a bit of a grey area, not because it's legally accepted, but because developers or publishers generally don't care about really old games, so they just turn a blind eye towards people downloading them. The problems begin, of course, when someone else tries to profit off those games.
I think you are confusing copyright with trademarks. In United States, a trademark not used for three years is considered abandoned, but there is no such rule for copyright.
It's interesting you talk about this because recently Paladins: Strike, a discontinued game, has had a majority of their assets taken and repurposed into something called Glory Hero: NFT Wars. They have the same moves, animations, poses, and looks and the CEO of Hi Rez (the company behind Paladins) has directly messaged them on a twitter post they made and is threatening legal action. It's all become a bit of a farce because they tried to play the 'we take inspiration from other work' card and he posted a picture of one of their videos that had a character in a skin with 'Paladins' written on it. Definitely could be worth a look for another video.
"They were giving it away for free! What's wrong with trying to make some money off it for myself?" "Dude-- that's the very definition of 'copyright'! The right to make money off of it. _You_ are not the one who holds that right."
Problem is you have shady corporate entities like Square-Enix and Ubisoft adding "credibility" to NFT's by getting involved in them. I use the word credibility very losely, more like adding fuel to the bonfire and making people believe these are a legitimate thing and not a steaming bottle of horse shit being sold as a cure-all remedy for being poor.
No, basically NFTs could still be used outside of the gaming Space. I’m not defending them, I’m against NFTs, this is just my assumption of where they could go next if they still don’t die.
the NFT scam is actually pretty old, it's just the modern incarnation of "purchasing" and naming a star. that industry has been around forever and i sadly think NFTs will stick around as well, but hopefully within the next few years the hype will have died down and it won't be getting rammed down our throats 24/7. especially if people keep lashing out against them.
Oops. They've inadvertently proven what we've been saying all along, you don't own shit. Whoever controls the content of the NFT can change it at will, in all the ways anyone else can. In fact, with even more leeway because consumer protections haven't really caught up to NFTs yet. At least when your token saying that you own a game is with steam, even if it's fungible, they have a reputation to uphold and consumer laws regulating what they can do to your property. Hopefully people who bought retro games and got something else will get refunds or push a major lawsuit.
They turned Blackthorn into an NFT? How could anyone think that was a good idea when Blackthorn is being sold actively right now by Blizzard? And on the subject of Blackthorn how is it abandoned when it is being sold right now?
@@RobotMasterSplash Doesn't matter. Blizzard still owns the IP, code, art assets, music, sound effects and everything associated with the game. And abandonware is just a word made up to justify pirating games. It has no legal power.
When i heard that they were selling nfts of abandonware I thought it's gonna be some indie stuff, not freaking blizzard and other aaa companies, the cryptobros are really reaching nee heights of idiocy
Tbf, not all of them are scams, people really are just paying thousands of dollars for monkey jpegs. Afaik all of the ones attached to some kind of larger project that have made any promises have been scams though.
@@Person01234 Convincing someone that a digital receipt for an item is worth thousands of dollars in a speculative market that operates on the rules of a pyramid scheme, whether you plan to use that purchase as an investment or not, still sounds like a scam to me.
@@davidjasinski334 Saying "I'll sell you this monkey JPEG reciept for $5000" and then someone buying it because they believe it's an "investment" isn't really a scam. To argue every single NFT is a flat out scam you'd basically have to argue any economic activity that happens in any bubble is a scam, which is a bit of a stretch imo.
Corporate virtual economies like 'Metaverse' will also need be rejected by society, frankly I believe that will be magnitudes worse then lootboxes, microtransactions, games as a service/drm and NFTs combined.
That might already be happening. From what I understsand, Facebook's metaverse isn't doing too well and is just a money sink at the moment and that's like the most public version of the metaverse out there.
Lmfao they're proving again why we hate NFTs, they're literally grave robbing digitally and think they can just because it's abandoned... so if I see an abandoned house, you think I can just keep it? No, you need permission, plus, you don't know what's in it: - Rats - bugs - Wood that'll break - blood - Dead body You name it I'm surprised I'm still alive with the amount of brain cells I've lost
A while ago there were two MMOs that I really liked called Zu Online and Wonderland Online, that got shut down by the company that owns them because their greed made sure no one wanted to spend money on the games. I toyed with the idea of buying the IP from the company to republish them under better management, but don't have the money. I considered this basic concept, because I'm not as stupid as NFT loons.
Another important distinction is that if you get a game through a free steam weekend or giveaway, the game isn't suddenly freeware. You just got a license for it legally without having to pay for it.
You're expecting NFT bros, who are basically only disqualified from counting as white collar criminals because of their poor hygiene, to care about the law.
If they tried to mint free games because "it doesn't hurt anyone", the next logical step for them is to try and mint mods. The legal framework around those is a pandemonium of unique licenses, caveats, and non-copyrighted derivative works. It's unlikely modders would be able to mount any form of unified defense against such action.
NFTs is like taking a single penny, one that looks the same as all of the others in economic circulation, and selling it to someone. They get a receipt saying that they own that penny _(and probably paid a lot too)_ despite the fact that there's still a sea of identical pennies floating out there that anyone can and will use pretty much for free _(I mean, you can find them on the ground outside even)._ It's like, imagine walking up to someone, holding up your personal penny and saying, *_"check it out, I'm the rightful owner of this bad boy, wanna know how much I paid for it? Do ya? ask! please, ask!"._* They don't even have their name on the penny itself. It's funny in a sad way, because you know that the cryptobros think that buying an NFT gives them exclusive rights to that thing. That and they wouldn't even be buying a receipt to an old free game. They'd be buying a receipt to a single one of the thousands upon thousands of copies for that old free game. What, you gonna make an NFT of a water droplet? It's like playing Monster Rancher with random real world objects.
I'm honestly starting to believe that NFT bros simply do not understand copyright, which a toddler can understand "No little Timmy, you can't take someone else's things - they are not yours".
To clarify to some people who may be confused over many sites allowing abandonware downloads: you can own these demos and freeware and pass them around, but not SELL them for any profit. This is the equivalent to someone trying to sell you the right to download a demo.
That...this company wasn't even trying... Why would you do so little checking that you would take characters from a mobile game spin-off of a fairly popular MOBA?!
NFT are slow and steady tuning into worse than junk bonds, the thing one has to ask how long can this go on ,befor people demanded over sight on NFTs, this feel worse dot com bubble and more like what you read about in a history book of the late 1800s.
as far as i know you own a place on the blockchain which is non-fungible but the artwork or video or music to represent your place on that blockchain you do not own its just like a visualization of your place so basically you don't own anything other than a useless spot on a server made artificially limited cause digital stuff cant really be limited
Worse, you own a LINK which is on the blockchain. The data itself is stored elsewhere. So in addition to all the issues you listed, it's also possible that in a year or two or five or even ten, the link will lead nowhere because the data or the server is gone. Ever looked for something on a forum and found a old link that only brings up an error message now because whatever it linked to is long gone? That's what you buy with NFT. Congratulations.
I think 99% of NFT companies RND budget must go to the team searching for more markets/people who they can piss off. Retro Gamers... check! Who's next?
Their 'abandonware' logic is bullshit. According to them if a product isn't constantly updated, you forfeit all rights to it ? So, what, if an author writes a book and doesn't continuously expand it, they lose the rights to it ? If a musician makes a song, they have to change it every year or they lose it ? This is absolutely ridiculous.
Remember back in December or January there was an auction to buy a physical copy of Alejandro Jodorowsky’s art book of Dune he wanted to make. These crypto bros bought it for 3-4x the book was worth. They thought buying the book meant they owned the copyright of DUNE. Which fortunately they did not and can’t do much. That reminded me of this latest NFT fail.
The community of a timeless masterpiece of a game ( TF2) going against the biggest gaming company of all time ( Valve ) : Yong : I sleep... Funny monke NFT or Elden Ring meme : Yong : REAL SH*T
Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated.
Most failures and loss on investment usually happens when you invest without proper knowledge of the market..I was able to recover my losses with Lauren nessa
We've taken this free abandonware game that is able to be downloaded for free and played for free and slap[ping a price tag on it so you can own a digital receipt to said game that we don't even hold the copyright to and you don't even own the game. What could possibly go wrong? -NFTard.
I'm pretty sure if they stuck with "shareware" only they would've been in the clear, because shareware expects redistribution even for profit. Those releases were created in the before-broadband times, when letting third parties distribute your demos was the best way to spread them far and wide, and one of the reliable ways to get to new audiences were shareware compilation CDs and the like. On the other hand, "freeware" generally implies a non-commercial license where you can share or even host the game but not for profit so that part is defo illegal.
NFTs have the illusion of ownership. They're more like buying a key to a house you don't own. The locks can be changed by the owner at any time (or taken back by the REAL owner).
From now on if anybody asked me how NFTs are a scam I'm just going to direct them to this video. More specifically the point where it stated if you bought the blackthorn NFT you could play it until they removed it and now it no longer plays it. How do they not understand what copyright is??
here's the main thing I find funny about NFTs: Around the dawn of the boom in use of eBay, a big scam that started emerging was when some sellers would post what looked like [new game system], but what they were *really* trying to auction was the empty box or a photo of the system. They were conducting said auctions like they were actually selling the shown product with high price points and copypasta wall-of-text advertising screed that was exactly the same as most other sellers (because folks just lifted from other sellers) but changing one tiny line buried in a run-on paragraph about how they were only buying the box/picture and passing that off as being "the fault of the customer for not paying attention". eBay shut that shit down. NFTs are that scam, but to the Nth degree. You're not even being sold a proverbial bill of goods: you're paying to get an intangible _receipt_ saying you paid for that bill of goods. You gave money to own an imaginary receipt. It's literally "If you believe that, then I have a bridge to sell you" ... but just a link to a jpeg of that bridge that can be taken down at any time.
i love that this case can now be used to explain that if you own an nft you dont own the thing connected to it. if someone thinks they do, we can just point at this. xD
You think you reach the bottom of the barrel with Piko Interactive, then you realize not only is there no bottom, there isn’t even a barrel. Just an endless, sickening void
NFTs are like vaping. Someone found a loophole in current legal structure and is trying to make as much money as they can until the loophole gets closed.
You know what? I support this. I would LOVE to see more NFTs made "for" IP from large publishers, especially the likes of SquareEnix. Why? Because as long as it's made abundantly clear the terms of what an NFT is that's doing this, they can legally get away with it to enough of an extent that these companies will have to switch sides regarding NFTs and lobby to force regulation and criminalization.
I enjoy seeing NFT's fail so hard. The way NFT's are used right now is just a fail and if they were ever done they should be done right that gives benefit rather then look how much I bought this useless image for. Also I'd like to mention for legality for this is that if anything is used from a existing game like sprites and code or anything that can be taken from a existing video game can be tied to the original company or designer of that piece of video game and is in full rights the owner of that. However if they copy a video game but make everything from scratch even code then it's legally valid to use with out prosecution which is why we have people copying other video games and no one is being DMCA for that.
_When MetaGravity announced its retro games would no longer be playable, as the company shifted towards its original efforts, the response from fans on Twitter was mostly celebratory._ _“Great adaptability,” said one user._ _“No worries, this is a great move,” said another. “Adds excitement!”_ Words fail me.
"We asked laywers if this was legally possible. The answer was no." But they did it anyway. They should partner up with Soulja Boy. Only good can come of it. 👀🤣
NFTs: "I used to think my life was a tragedy, but now I realize, it's a comedy."
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Funny how NFTs are supposed to offer """digital ownership""", but to date they have been used more to take away ownership from people who create digital media
It's digital art theft, and yet they're still shocked when all their apes are gone.
You're right, it really is the purest form of capitalism.
@@tjenadonn6158 It's mandatory to laugh at people who say that their worthless ape jpegs are "stolen" since said jpegs have no value to begin with and can easily be right-clicked/saved.
I really don't see how this ownership would be different from owning a game on Steam, or GOG.
@@MyNameIsBucket You proceed from a false assumption. Capitalism is supposed to be about producing something of value. Theft is something else entirely.
Had they tried this with Nintendo's old titles, the NFT company in question would have ceased to exist.
One of the few times the video game community would be 100% behind Nintendo destroying someone via lawsuits
@@linkblade0 I almost want to infiltrate some NFT discords and start goading these dumbasses into trying to sell Nintendos properties.
Nintendo would make them tap out instantly like they did to Soulja boy 🤣🤣🤣
Give it a week and the market will crash enough that they'll cease to exist anyway.
That or just have all their shit stolen like everyone else is dealing with.
"Preserving abandonware on the blockchain"
Right but... NFTs don't actually preserve the game on the chain, just a link to it. It's still just a spot on a database. The game can still vanish via link rot and such.
You think NFTards actually have the brain capacity to understand that?
Whats link Rot?
Even NFT-NEETs don't understand NFTs.
@@taniatokustar7737 a quick search on my search engine of choice gave me the answer, so you should perfectly be able to do the same
@@M0D776 why did you even respond to my comment?
“Only free games” that people could probably find somewhere to play for free but let’s charge for them! It’s genius!
Leave it to nft bros to even ruin free games ,nothing is safe of their stupidity
It's great - people paid them money to not-own something that was already available for free
Yeah i don’t know what the big deal is I just bought a new nft called earthworm Jim for a mere $150k.
the only way to grow a pyramid scheme is adding another layer of idiots at the bottom
It's not different of what companies thought of the NFT idea.
"Hey, we have tons of old retro game data sitting there and costing us money upholding them. Let's make NFT not risking dime or rights, but make stupid amount of money of stupid people"
There is Nothing more entertaining right now to me than seeing NFT’s fail
How about crypto in general failing?
@@lupvirga sure why not
HEY THATS MY UNCLE
thumb up 👍🏻
Tastes like carbonated citrus water.
I have no sympathy for those who sell NFTs..especially those who buy them
I'm noticing a pattern here. The main issue with crypto bros is that for some reason they seem to think that if you spend enough money on a product, you get to earn the rights behind the thing. And if the product is free, you can claim it like Marvin the Martian sticking his Mars flag on Earth ground.
I'm just waiting for one of them to make an NFT out of The Bible and sue the Vatican for infringing on their copyright.
That literally happened last year when some cyrtobros bought a rare copy of dune book. They thought they own the rights to make not only nfts of dune but they can sell the book on digital market and make animated movie and tv show and games. They literally thought they bought a franchise by buying a old and only copy rare dune book.
Narcissistic and greed in their eyes
Has that Dune DAO started production on their animated Dune series yet after they spent millions on some concept/art book from some Dune movie that never happened?
@@evandaymon8303 Ah damn lol saw your comment only after I had posted mine.
@@evandaymon8303 Imagine being one of the lawyers for the Frank Herbert literary estate. You went to law school just to wind up explaining to a bunch of manchildren that they don't own the rights to the entire Dune franchise just because they purchased a book, and trying to teach the basic basics of copyright law to the digital equivalent of sovereign citizens. It must be the legal equivalent of surgeons pulling vegetables, shampoo bottles, and other "foreign objects" out of people's rectums. Yeah, it's easy work, but nobody grows up or goes to law school/med school dreaming of doing it.
Any bad news for NFT's is good news for everyone.
Well! Not for everyone, those who make those NFTs and those who are stupid enough to buy it. But i see what you mean.
But the sad thing is, NFTs did have potential. If they would have put them legitimate digital games and content, it would have given leverage to customers against a company that would attempt to "delist and delete" digital games and DLC.
If that's what the game companies had used them for on the onset, it would have been beneficial as a "receipt" of the games purchase. But NO, they had to abuse it, and now something that could have benefitted gamers is now widely mocked, derided, and proof that companies will go to any lengths to create a market.
@@deathstrike Potential scams ahead!
Remember when they tried to steal Magic: the Gathering art and make them into NFTs? 😂
Wizards of the Coast? Nah they're not litigious as hell, to the moon bois lol
It's one thing to be criminals, but they're not even good at crime. They think they're Walter White, but the only thing they have in common with him is that their money is fictional.
Wait really ? How they avoid law suit ? No way wizard let them get away with that
@@tjenadonn6158 Moonbros are way more Ted Beneke than Walter White 😂
@@thepolarphantasm2319 If they're any character from the BB/BCS universe they're the poor sap who wound up with his head on the turtle.
@@goblincomic4522 lol they got served with a cease and desist at instant speed
Selling NFT's IS theft, it's fraud. Because they are a scam. It's the modern day equivalent of "I've got a bridge to sell...." As far as Blackthorne, Blizzard is still selling that today...as part of a collection.
Victor Lustig said, I own the Eiffel Tower now. So...
@@Lovuschka Right right being thefts and scammers
NFT is like monopoly game, i mean THAT monopoly game. They just playing a system where they thought they own everything in the board by using absurd amount of REAL money to bought it.
Like, imagine some place where you can play a monopoly game with *FAKE* money bought with *REAL* money, to own *IMAGINARY* properties! That would be the best game ever made! Oh wait....
"I've got a NFT to sell" I should run with that
Agreed most are a scam.
What's even better is that NFTs, and cryptocurrencies overall, have jumped off a cliff in terms of actual value. Stealing Retro games is frankly a drop in the bucket, even if it's blatantly anti-preservation. Though, that crypto drop off has a nice dose of critical irony.
Remember Square Enix sold of some of their IPs (like Deus Ex and Tomb Raider) to focus on NFTs and the Metaverse. I don't think there's ever been a more embarrassing fuck up from Square Enix in gaming, holy shit is that funny.
That move had me laughing like that one scene in FFX.
@@jackhazardous4008 It was great for the games for sure. For Squeenix it was like going to the racetrack and putting your life's savings on the guy who showed up in a Yugo.
@@tjenadonn6158 HA HA HA HAAAAAA
@@jackhazardous4008 the best and worse decision ever made by them.
I genuinely wonder how the Square Enix CEO is taking all of this. You think he already has his resignation letter written and ready to go? I mean after a huge blunder like this I don't think he has much of a future with the company.
Not only it's scummy, it's also lazy, it's theft, and a blatant display of greed. Instead of just making _their own games_ they do this shit, absolutely shameless.
Not just shameless, but incredibly stupid. Like holy shit these people either thought they'd get away with this or didn't even realise there could be legal consequences, I don't know what's dumber.
Evil cannot create. Only take something that's free and charge you for it.
At least asset flippers like the guys behind Digital Homicide put the least amount of effort into making their own games. Imagine finding a way to be involved in the game industry while being even lazier than DigiHom.
Again, the concept could be cool, there are these little electronic cubes that are called Cube world (i think).
If you have a few of them, you can connect them, they do things all the while interact with the others, making them more valuable as the collection expands.
The execution in these NFTs is just fraudulent.
And to think it has fallen this low, how damn shameful some people are. Yet again screw NFTs.
They say NFT, we say No Fucking Thanks.
I remember a month ago there was this idiot who kept defending NFT's despite everyone telling him how it's just a scam.
@@tjenadonn6158 huh i never thought of nft being used as no fucking thanks thank you
Agreed...
Shame ☝️Shame ☝️Shame ☝️
@@tjenadonn6158 LMAO
It's almost funny how NFT people do not understand ownership and copywrites works.
Being able to understand things, like how artists make money off of art, what parts of games gamers find valuable and enjoyable, and or even just that paying for one copy of a product doesn't mean that you are the exclusive rightsholder to that product for time and eternity, is a prerequisite for getting into the NFTspace.
@@nwerd7584 Firstly he didn't say it was illegal. Secondly you just proved his point.
How many monkey JPG you have bro?
@@yaqbulyakkerbat4190 stealing ip is illegal. Thats literally the claim being made here. And actually whats likely to get them fucked is not refunding the money after they took away the product. Comments filled with calls for jail.. He meant exactly what I said.
@@nwerd7584 Far as I'm aware NFT's are still somewhat nebulous legally so I wasn't going with an absolute on law. I was going by what I can know for certain which is the potential threat of civil litigation for known and owned trademark/copyright infringement. Ultimately we're arguing the exact same thing here.
I can't believe this has been so prevalent. The ammount of people I've seen stealing other peoples art and work and attempting to sell them for thousands of dollars is sickening. They need to go out and get a job.
People get into crypto specifically in order so that they dony have to get a real job and actually work. If crypto didn't exist these guys would be starting Ponzi schemes using real money or running multilevel marketing schemes a la LuLaRoe.
There was an artist too who died recently and had her art reposted into NFT's. Nothing can be done about that.
I have some old Commander Keen 3.5in free demo disks you can buy from me for $50000000000.
@@mariawhite7337 absolutely disgusting
@@mariawhite7337 Vulture capitalism at its most crass.
"Oh look, here's a game freely available to everyone! Let's put a price tag on it and distribute it as an NFT, despite the fact that our 'customers' could just get it freely other ways! What could possibly go wrong!~"
Without a license to sell the game! I’m sure the company who owns the IP won’t sue the shit out of us for it!
@@Aredel "Who needs a license?~ It's abandonware, so they surely won't care, right?~"
@@KitsuneNoMeiji *cue the cloaker noises*
@@Aredel “YOU CALL THIS LEGALLY SELLING GAMES?! WE CALL THIS A PIRACY FAIL!!!”
The "freeware" argument sounds a lot like going into a McDonalds to fill up water bottles with their free water, then stepping outside and selling those bottles....
exactly
well that's what dasani water is (and a ton more)
they legit take tap water, bottle it and sell it.
Given the inevitable gas fee and whatnot regarding NFTs, they sell that free water for the price of inkjet printer ink.
@@ysucae but at least bottle water companies aren't (usually) stealing other people's water, which is the main point
It’s even worse. That tap water doesn’t require a license to distribute, and you can’t be sued out of your ass for distribution without a license. These morons were practically inviting people to sue them into the ground.
I feel absolutely no sympathy for people who spend money on glorified hyperlinks.
The chimpanzee pictures are stupid AF but I think it will have some practical uses for the technology since they're non fungible. Things like contracts, deeds for ownership of real property like houses, wills, personal identification, etc. The blockchain verification should make it much harder to commit fraud on such things.
I hope they get blocked... lol
A pointless greedy effort in turning games into NFTS that inevitably blew up in their faces. They are ready desperate by this point. Time's a ticking and it's not looking good for them.
i hope their 3 employees and a barely functioning server melts down their basement and loses their bored ape nfts
Imagine stealing arcade games for their NFT purposes! 😆
@@ricardohoang8452 crypto bros really are apes in suits
@@MTNDEWGANG Yes truth to told currently!
I hate that NFT-bros can pervert otherwise altruistic causes like the preservation of games media or the salvation of Magic the Gathering into incredibly idiotic ponzi schemes. :/
Because they don’t understand the basics of copyright law
Exactly it gives people who actually preserve games a bad name
I'm sure a lot of companies just kinda let piracy of their old games slide, but they wouldn't ignore someone trying to sell their stuff without permission. Also, "preservation on the blockchain"? So it's magically immune to things just being taken down?
They obviously don't understand how blockchains work or are lying about it.
@@Lenariet they're absolutely just making shit up to justify their scummy practices
If it was possible to actually preserve MBs and GBs worth of data on the blockchain, wouldn't it take astronomical amounts of data processing to record the data into millions of ledgers? That would raise the civilization's energy usage through several skies. All of this sounds apeshit crazy! Probably that's why these scammers resorted to storing hyperlinks to external files instead in the first place.
Abandonware is neither a legal definition nor a commercial one. It's a colloquial expression. It gives you ZERO rights to profit from it as if it's your own.
Abandonware is like orphaned works
Love sitting here in my chair, laughing at everyone fooled by NFTs and crypto in general
😏 oooohhh yea 👍
It's like Peter wreck his car while playing chicken with a Big Rigger. and Super Models on the bus Lol-ing at Peter as his pride goes up in smoke.
Reminds me of the dot com boom where people would pay exorbitant prices for shares of literally any company with a shitty webpage. Some of those companies survived (Apple, eBay...), but most just went up in a poof of digital smoke.
Blackthorne? I mean, yeah, it's old, but is it abandonware when Blizzard themselves just re-released it in the Blizzard Arcade Collection?
And it was just the demo...
I swear, listen to these people think, and we'll hear dial-up noises from their brains.
About as sharp as a bowling ball as my dad would say.
That is an insult to dial up
@@paulrasmussen8953 Dialup, unlike NFT bros, provided a valuable service.
None of the titles mentioned that I've seen had even actually *hit* the 10 year mark for designation as abandonware. That's 10 years of the company abandoning the IP *completely.* Even when it's abandonware, copyright law still applies, though free distribution gets a little more lax.
@@cygnata Copyright of the IP and of the source code for each version are two different things, there are old versions of Blackthorne made for old hardware that are abandonware.
With all of the illegal and scumy stuff surrounding NFTs I'm surprised by the enthusiasm some people still have for them. I mean it doesn't take a genius to see them as the scam that they are.
It's a digital gold rush. Those people don't care, they're just trying to get rich and get our
@@brianjensen5661 Thing about a gold rush: It involves actual gold. Sure, it also often involves acting on really bad information and/or making huge and highly ill-advised gambles, but generally the reason for a gold rush was, you know, the fact that there was actually gold in the area.
NFTs... there's not even pyrite.
@@laurencefraser it's digital pyrite that they're trying to pawn off as real gold to gullible suckers.
In some ways that's why capitalism worked for a long time. People are dumb enough to buy anything. Only now are some people coming to realize that this may not be a good thing.
Part of me wants to see someone mint a bunch of nintendo IP onto the bitcoin or Ethereum blockchain, and then report it to nintendo and watch one of the most litigious companies on the planet try and DMCA an entire blockchain.
goes to show just how stupid and scummy these nfts companies really are.
NFTs: [keep on failing!]
The internet: " yes, yeess, your tear tastes delicious!"
Tears of unfathomable sadness, so delicious and sweet!
I dont think they will fail that easy because well the badguy somehow always survive the fact there some company think nft is a "great and excellent".... Man i still thinking who started this "nft" thing
NFT is like buying music on iTunes or movie on Amazon. You're literally just leasing a license to use but upon the true owner of rights and copyrights could pull all licenses away. That's why physical media will like DVD, CD or whatever will retain more value and prevent lost media.
For something to fall on public domain in USA, you have to wait 100 years thanks to Disney (Not sure?). (Or 56 if the congress pass the bill). There's still ZERO video game to this year that can be considered into the public domain for at least six years(if the bill pass) or more than 50 years (if hte bill don't pass), and the first game who fall into public domain will be pong.
Abandonware is not equal to public domain. You can just own it for free, download it, play it, certainly not use it commercially. (Outside of private sales, not for your company like selling it on Ebay. (I don't know if i'm clear here)
The best exemple of Abandonware still under copy right are the original fallout games: They where on abandonware for a long period until Bethesda decide to remove them from that status and sell them again.
So those NFT companies are litteraly doing something illegal. They should go to jail right there for that.
Worse, the games referenced in the article *aren't* abandonware. There were FREEware - games that the source company doesn't care if you download and play for free since they aren't doing anything directly with it. Also, the comment below yours says that one of the Blizzard games was just re-released as part of a collection of games...
Abandonware is precisely what the name implies. A product that for whatever reason the owners no longer bothers to enforce the copyright. But the copyright is still there and the owners can choose to enforce it any time they want.
@@Gulyus It's even worse...
@@Webbman76 So..it's illegal to try to make money on it (outside of private sales) ? (serious question)
@@Geekezf Yes it's illegal. It's technically illegal to even download an abandonware game unless the copyright holder gives you permission to do so. For instance Bethesda gives away the first two Elder Scrolls games for free. Because of that it is perfectly legal to download it because they are giving you their permission. They could rescind that permission thus making it illegal again. But as long they are willingly giving it away it is legal. But that doesn't mean you have the right to sell it because they are not giving you permission to do that. Digital games in general do not work like physical copies. If you buy a physical copy you are allowed to resell it for personal profit. Because that copy is your personal property to do with what you will. Digital games don't work that way. When you get a digital game you are really just getting a license that outlines what you are allowed to do with the game. So unless that license give you permission to resell the game it will be illegal to do so.
The greatest blessing of digital technology is that data is infinitely reproducible and everything can be represented as data. NFTs are just a particularly stupid form of DRM.
Nintendo put a couple on the streets, just for running a ROM Library. And the money earned through that site was used mostly for the site's maintenance.
What they thought was gonna happen when the Internet found out they would use them for personal profit?
And directly proffiting off something you don't have the actual liscensing for is. You know illegal.
Not saying nintendo is always in the right for taking these rom sites down. But the ones aiming to directly proffit off of them, are 100% in the wrong.
Probably why they didn't do it with Nintendo games, they probably knew how litigious they are.
I mean that’s fair though they were making money off Nintendo’s work, that’s illegal and what Nintendo is totally justified, though I still agree Nintendo is insane lmao
@@omega1231 well, they did it to Activision, another company known for being extremely litigious when it comes to protecting their IPs. At least Activision will still settle if you abide to a cease and desist order, Nintendo will not stop until they have effectively bankrupted you.
@@Yarharsuperpirate Nah, fuck Nintendo. Those roms are abandonware. Most of them can't even be bought.
I really wish NFTs would just...go away.
Oh they will, they will
@@Ashurman666 But how many games will have to be sacrificed for it? How many games will Square and Ubisoft ruin before NFT's are finally dead?
@@EskChan19 they made their death bed, let them lay on it.
@@EskChan19
Square is thankfully just making bad games thus far to use NFTs. Unfortunately, Square and Ubisoft have both kinda already ruined several of their franchises before NFTs were a thing.
@@EskChan19 Ubisoft's franchises were already relatively weak and as generic-ized as they could possibly get, and Embracer may actually handle those IPs that Square sold off better than they did. Next in line perhaps Konami should sell theirs too.
I still see "NFT Bros" trying to defend them and blockchains on news sites and none of them have been able to give me just one example of either working as promised. The sick thing is, even so-called experts don't realize or are willfully ignorant of the theft and whatnot until _they_ get nailed with lawsuits and then they just go completely silent.
Now to watch Ubisoft's next move after full-sending into this failing market. Can't believe we're finally starting to come together and say no with our wallets.
To say nothing of Squeenix selling Tomb Raider, Deus Ex, Thief, and tons more of its IPs for a song to get into this market right as it went full Hindenburg.
To be fair: Before, chumps were paying $15 for a cosmetic that at least had the benefit of looking cool. But even the whales have the willpower to refrain from spending $100+ for a receipt for an extremely basic gun skin.
NFT bros try and hype up the fact that "Your NFT might go up in value and you can resell it for a huge profit!". But these whales spend thousands of dollars on gatcha lootboxes just to unlock and max out their waifus. For them, *it was never about the money*.
NFTs are like the hemorrhoids of the gaming community. They keeping flaring up, and they hurt but they won't last long.
I guess the inevitable DMCA notices and lawsuits will be the ointment to speed up healing.
@@DeetotheDubs They're going to the MOON...ey Federal Corrections Center for at least five years.
yeah, then once the well is dry and the next big thing pops up all the scammers will move there and act like it's the greatest thing since sliced bread
First ew , second they've been around for too long already , I doubt they'll die soon enough
I've never been able to understand why people would ever think an NFT would have any value, you are just paying to say that you own an internet link, but that title of ownership appears to provide no actual benefits. They only have any appeal because they are confusing, and challenge the definition of the term "Ownership," which was already an artificial construct to begin with.
NFTs may be just tricking people into thinking they own the art in any meaningful way, and that's why people buy into it.
Who am I kidding, the real reason people are buying NFTs is because they went viral at some point, providing a seed of interest. Then, everyone wanting to make money on an investment bought NFTs because they were going up, and they kept going up in price because they were going up in price. Thus, the Value of NFTs is 100% pure, distilled speculation, with no real value to back it up at all. Quite interesting really. Even Tulip bulbs has some actual real value.
Nfts are a nice social study tbh, how much people are willing to pay for speculations and Fomo, without having anything to show for they’re investment….really interesting indeed
It seems that there's a lot of confusion surrounding usage rights and copyright among the NFT community. That or they're faking it when they get caught. Some seem to believe that NFTs and blockchain somehow exist outside of copyright law.
Doesn't surprise me at all that someone in the NFT sphere tried to pull this off. To the moon and stay there.
dark side of the moon so we don't have to look upon them every night.
This reminds me of those game hacks that have the message at the beginning, something like "this game was made by the love and passion of fans. If you paid for this, they scammed you"
But this is even MORE stupid.
_"No longer updating or paying attention to the game does not equate to the company giving up the rights and the ownership of that IP and that game"_
Technically speaking, abandonment is one of the major ways you can lose a copyright. That being said, it takes quite a few decades for this to happen, and the videogame industry itself hasn't even existed for that long. Abandonware has always been a bit of a grey area, not because it's legally accepted, but because developers or publishers generally don't care about really old games, so they just turn a blind eye towards people downloading them. The problems begin, of course, when someone else tries to profit off those games.
Then the lawyers come out to play
I think you are confusing copyright with trademarks. In United States, a trademark not used for three years is considered abandoned, but there is no such rule for copyright.
It's interesting you talk about this because recently Paladins: Strike, a discontinued game, has had a majority of their assets taken and repurposed into something called Glory Hero: NFT Wars. They have the same moves, animations, poses, and looks and the CEO of Hi Rez (the company behind Paladins) has directly messaged them on a twitter post they made and is threatening legal action. It's all become a bit of a farce because they tried to play the 'we take inspiration from other work' card and he posted a picture of one of their videos that had a character in a skin with 'Paladins' written on it.
Definitely could be worth a look for another video.
Whoa, Yong actually made a video about this, nice suggestion
"They were giving it away for free! What's wrong with trying to make some money off it for myself?"
"Dude-- that's the very definition of 'copyright'! The right to make money off of it. _You_ are not the one who holds that right."
It's actually the right to decide when and how something is "copied" and distributed.
NFT’s (non-fungible-tokens) ?
More like
NFTS (Never Fail To Surprise)
another clever use of NFT'S you my friend my respect is your's now
There is a limited number of people to scam and once they're all scammed NFTs will finally die
So, basically NFT's will die when humanity dies? That's pretty grim...
Problem is you have shady corporate entities like Square-Enix and Ubisoft adding "credibility" to NFT's by getting involved in them.
I use the word credibility very losely, more like adding fuel to the bonfire and making people believe these are a legitimate thing and not a steaming bottle of horse shit being sold as a cure-all remedy for being poor.
No, basically NFTs could still be used outside of the gaming Space.
I’m not defending them, I’m against NFTs, this is just my assumption of where they could go next if they still don’t die.
But for that to happen.
You have to assume our stupidity is finite.
Yeah. That's not gonna happen.
the NFT scam is actually pretty old, it's just the modern incarnation of "purchasing" and naming a star. that industry has been around forever and i sadly think NFTs will stick around as well, but hopefully within the next few years the hype will have died down and it won't be getting rammed down our throats 24/7. especially if people keep lashing out against them.
Oops. They've inadvertently proven what we've been saying all along, you don't own shit. Whoever controls the content of the NFT can change it at will, in all the ways anyone else can. In fact, with even more leeway because consumer protections haven't really caught up to NFTs yet.
At least when your token saying that you own a game is with steam, even if it's fungible, they have a reputation to uphold and consumer laws regulating what they can do to your property. Hopefully people who bought retro games and got something else will get refunds or push a major lawsuit.
They turned Blackthorn into an NFT? How could anyone think that was a good idea when Blackthorn is being sold actively right now by Blizzard? And on the subject of Blackthorn how is it abandoned when it is being sold right now?
For real. Even if NFT wasn't among the most stupid things ever created, Blackthorn isn't abandonware.
NFT-NEETs aren't exactly the brightest crayons on the Christmas tree.
There are old versions of Blackthorne that are abandonware, the versions being sold aren't the same.
@@tjenadonn6158 that's an insult to NEETs, they're better than these NFT scammers lol
@@RobotMasterSplash Doesn't matter. Blizzard still owns the IP, code, art assets, music, sound effects and everything associated with the game.
And abandonware is just a word made up to justify pirating games. It has no legal power.
When i heard that they were selling nfts of abandonware I thought it's gonna be some indie stuff, not freaking blizzard and other aaa companies, the cryptobros are really reaching nee heights of idiocy
I like how there’s people in favor of NFTs when there’s literally been zero cases of people _not_ using it for stealing or scamming.
Tbf, not all of them are scams, people really are just paying thousands of dollars for monkey jpegs. Afaik all of the ones attached to some kind of larger project that have made any promises have been scams though.
@@Person01234 Convincing someone that a digital receipt for an item is worth thousands of dollars in a speculative market that operates on the rules of a pyramid scheme, whether you plan to use that purchase as an investment or not, still sounds like a scam to me.
@@davidjasinski334 Saying "I'll sell you this monkey JPEG reciept for $5000" and then someone buying it because they believe it's an "investment" isn't really a scam. To argue every single NFT is a flat out scam you'd basically have to argue any economic activity that happens in any bubble is a scam, which is a bit of a stretch imo.
@@Person01234 I mean… if this is the American economy we’re talking about it makes perfect sense to me.
You know I used to think that EA's practice of selling nostalgia was as low and as scummy as could get. I was very wrong
Corporate virtual economies like 'Metaverse' will also need be rejected by society, frankly I believe that will be magnitudes worse then lootboxes, microtransactions, games as a service/drm and NFTs combined.
That might already be happening. From what I understsand, Facebook's metaverse isn't doing too well and is just a money sink at the moment and that's like the most public version of the metaverse out there.
Lmfao they're proving again why we hate NFTs, they're literally grave robbing digitally and think they can just because it's abandoned... so if I see an abandoned house, you think I can just keep it? No, you need permission, plus, you don't know what's in it:
- Rats
- bugs
- Wood that'll break
- blood
- Dead body
You name it
I'm surprised I'm still alive with the amount of brain cells I've lost
Question: Why would anybody purchase an NFT for a video game that is already free? 🤔There are some stupid people in this world.
But..........its in the Blockchain......!!..........Lmao. Who knows anymore at this point.
Because they aren't buying a video game, they think they're printing money because the NFT seller says so.
NFT - "no fucking thanks"
nice one 😁
A while ago there were two MMOs that I really liked called Zu Online and Wonderland Online, that got shut down by the company that owns them because their greed made sure no one wanted to spend money on the games. I toyed with the idea of buying the IP from the company to republish them under better management, but don't have the money. I considered this basic concept, because I'm not as stupid as NFT loons.
Another important distinction is that if you get a game through a free steam weekend or giveaway, the game isn't suddenly freeware. You just got a license for it legally without having to pay for it.
You're expecting NFT bros, who are basically only disqualified from counting as white collar criminals because of their poor hygiene, to care about the law.
@@tjenadonn6158 it’s more that they don’t understand the law, like these morons being discussed in the video.
If they tried to mint free games because "it doesn't hurt anyone", the next logical step for them is to try and mint mods.
The legal framework around those is a pandemonium of unique licenses, caveats, and non-copyrighted derivative works. It's unlikely modders would be able to mount any form of unified defense against such action.
NFTs is like taking a single penny, one that looks the same as all of the others in economic circulation, and selling it to someone. They get a receipt saying that they own that penny _(and probably paid a lot too)_ despite the fact that there's still a sea of identical pennies floating out there that anyone can and will use pretty much for free _(I mean, you can find them on the ground outside even)._ It's like, imagine walking up to someone, holding up your personal penny and saying, *_"check it out, I'm the rightful owner of this bad boy, wanna know how much I paid for it? Do ya? ask! please, ask!"._* They don't even have their name on the penny itself.
It's funny in a sad way, because you know that the cryptobros think that buying an NFT gives them exclusive rights to that thing. That and they wouldn't even be buying a receipt to an old free game. They'd be buying a receipt to a single one of the thousands upon thousands of copies for that old free game. What, you gonna make an NFT of a water droplet? It's like playing Monster Rancher with random real world objects.
I'm honestly starting to believe that NFT bros simply do not understand copyright, which a toddler can understand "No little Timmy, you can't take someone else's things - they are not yours".
NFT's are the manifestation of "You will own nothing and love it," by accident.
Actually it is "You will own nothing and you'll be happy" World Economic Forum
@@haruhisuzumiya6650 Cool story but don't care
You will own nothing and be happy!
You're not even paying for the receipt at this point, you're literally paying for nothing.
To clarify to some people who may be confused over many sites allowing abandonware downloads: you can own these demos and freeware and pass them around, but not SELL them for any profit. This is the equivalent to someone trying to sell you the right to download a demo.
The epitome of a "get rich quick" scam, Nfts fails always deliver top quality entertainment.
You should report on that NFT scam game, Glory hero NFT Scam.
straight up ripping off assets from another game entirely
That...this company wasn't even trying...
Why would you do so little checking that you would take characters from a mobile game spin-off of a fairly popular MOBA?!
NFT are slow and steady tuning into worse than junk bonds, the thing one has to ask how long can this go on ,befor people demanded over sight on NFTs, this feel worse dot com bubble and more like what you read about in a history book of the late 1800s.
as far as i know you own a place on the blockchain which is non-fungible
but the artwork or video or music to represent your place on that blockchain you do not own its just like a visualization of your place
so basically you don't own anything other than a useless spot on a server made artificially limited cause digital stuff cant really be limited
Worse, you own a LINK which is on the blockchain. The data itself is stored elsewhere. So in addition to all the issues you listed, it's also possible that in a year or two or five or even ten, the link will lead nowhere because the data or the server is gone. Ever looked for something on a forum and found a old link that only brings up an error message now because whatever it linked to is long gone? That's what you buy with NFT. Congratulations.
Damn, we went from NFTs being stolen artwork to NFTs being stolen games
What's next? Stolen movies? Books?
What? That's like me going into someone's house when they go on vacation and then trying to sell it. What where they thinking!?
Ahh, the classic AVGN quote: “What were they thinking?!
@@jonahabenhaim1223 ?
I think 99% of NFT companies RND budget must go to the team searching for more markets/people who they can piss off. Retro Gamers... check! Who's next?
NFT-NEETs will somehow manage to piss off the Amish and the dead before they're through.
Old LEGO sets?
Their 'abandonware' logic is bullshit. According to them if a product isn't constantly updated, you forfeit all rights to it ? So, what, if an author writes a book and doesn't continuously expand it, they lose the rights to it ? If a musician makes a song, they have to change it every year or they lose it ? This is absolutely ridiculous.
Tbey have it fir 50 years. Though note movie licenses expire after 10 years of inactivity
Remember back in December or January there was an auction to buy a physical copy of Alejandro Jodorowsky’s art book of Dune he wanted to make. These crypto bros bought it for 3-4x the book was worth. They thought buying the book meant they owned the copyright of DUNE. Which fortunately they did not and can’t do much. That reminded me of this latest NFT fail.
On one hand you have scummy NFT scammers, on the other you have terrible companies hoarding IPs that they are doing nothing with...
I REALLY like this comment.
I hate them both, there's no heroes in this battle
The community of a timeless masterpiece of a game ( TF2) going against the biggest gaming company of all time ( Valve ) :
Yong : I sleep...
Funny monke NFT or Elden Ring meme :
Yong : REAL SH*T
Im hoping soulja boy makes some NFT games
I'm waiting for the day the cryptobros will try to mint copyrighted music and get royally screwed by the record labels.
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We've taken this free abandonware game that is able to be downloaded for free and played for free and slap[ping a price tag on it so you can own a digital receipt to said game that we don't even hold the copyright to and you don't even own the game. What could possibly go wrong? -NFTard.
I'm really in the wrong business. I should have chosen a career of exploiting people's gullibility. The pay is better.
I'm pretty sure if they stuck with "shareware" only they would've been in the clear, because shareware expects redistribution even for profit. Those releases were created in the before-broadband times, when letting third parties distribute your demos was the best way to spread them far and wide, and one of the reliable ways to get to new audiences were shareware compilation CDs and the like. On the other hand, "freeware" generally implies a non-commercial license where you can share or even host the game but not for profit so that part is defo illegal.
I really hate copyright but I also really hate NFTs
So they wanted to preserve Abandonware by...turning them into limited goods...?
NFTs have the illusion of ownership. They're more like buying a key to a house you don't own. The locks can be changed by the owner at any time (or taken back by the REAL owner).
YES! FAIL!!! So GPU prices can go down!
NFTs are like buying food from McDonald's, they throw your meal in the trash, hand you a receipt and say: "What? You still own it" lol
From now on if anybody asked me how NFTs are a scam I'm just going to direct them to this video. More specifically the point where it stated if you bought the blackthorn NFT you could play it until they removed it and now it no longer plays it. How do they not understand what copyright is??
here's the main thing I find funny about NFTs:
Around the dawn of the boom in use of eBay, a big scam that started emerging was when some sellers would post what looked like [new game system], but what they were *really* trying to auction was the empty box or a photo of the system. They were conducting said auctions like they were actually selling the shown product with high price points and copypasta wall-of-text advertising screed that was exactly the same as most other sellers (because folks just lifted from other sellers) but changing one tiny line buried in a run-on paragraph about how they were only buying the box/picture and passing that off as being "the fault of the customer for not paying attention". eBay shut that shit down.
NFTs are that scam, but to the Nth degree. You're not even being sold a proverbial bill of goods: you're paying to get an intangible _receipt_ saying you paid for that bill of goods. You gave money to own an imaginary receipt. It's literally "If you believe that, then I have a bridge to sell you" ... but just a link to a jpeg of that bridge that can be taken down at any time.
i love that this case can now be used to explain that if you own an nft you dont own the thing connected to it. if someone thinks they do, we can just point at this. xD
You think you reach the bottom of the barrel with Piko Interactive, then you realize not only is there no bottom, there isn’t even a barrel. Just an endless, sickening void
LOL those Warcraft sprites adaptions made me laugh out hard! Just when you think it couldn't possibly get better! These guys sure have some balls!
NFTs are like vaping. Someone found a loophole in current legal structure and is trying to make as much money as they can until the loophole gets closed.
I could listen to NFT failure reports all day.
You know what? I support this. I would LOVE to see more NFTs made "for" IP from large publishers, especially the likes of SquareEnix. Why? Because as long as it's made abundantly clear the terms of what an NFT is that's doing this, they can legally get away with it to enough of an extent that these companies will have to switch sides regarding NFTs and lobby to force regulation and criminalization.
I enjoy seeing NFT's fail so hard. The way NFT's are used right now is just a fail and if they were ever done they should be done right that gives benefit rather then look how much I bought this useless image for.
Also I'd like to mention for legality for this is that if anything is used from a existing game like sprites and code or anything that can be taken from a existing video game can be tied to the original company or designer of that piece of video game and is in full rights the owner of that. However if they copy a video game but make everything from scratch even code then it's legally valid to use with out prosecution which is why we have people copying other video games and no one is being DMCA for that.
Sounds like they are desperate to try to stay relevant but only doing it in a way it’s just laughable
We won't forget about them if we never get a moment to stop laughing at them.
Probably the first time DMCA has been used for a good cause
_When MetaGravity announced its retro games would no longer be playable, as the company shifted towards its original efforts, the response from fans on Twitter was mostly celebratory._
_“Great adaptability,” said one user._
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Words fail me.
Its like a civilization popping up, putting a fence around a certain part of land and claiming "This is our land!".
Yes, but the fence is imaginary and non-enforceable.
Let me guess. They're not going to reimburse the people left hanging with a link to nothing...
"We asked laywers if this was legally possible. The answer was no."
But they did it anyway. They should partner up with Soulja Boy. Only good can come of it. 👀🤣