NFTs are described as a “pure swindle” by one game creator

1 Min Read

NFTs are described as a “pure swindle” by one game creator, and play-to-earn is described as “profoundly immoral” by another.

NFTs are the new variety, and many huge corporations appear to be flirting with the so-called “play-to-earn” structure, as it is no longer enough to simply be entertained; it is now essential to be able to generate money from your gaming activities. By, of course, devoting resources such as money, time, and devotion.

From the perspective of the game makers, though, what does this look like is a mystery. Some see it as an opportunity to learn about intriguing monetization tactics, while others see it as a fast track to something completely, absolutely distorted. In a new video, Boomzap Entertainment’s Christopher Natsuume shows what he means.

Then he goes on to explain, from the point of view of developers, how “NFTs are a complete scam, blockchain gaming is a pyramid scheme, and play to Earn is not only a scam, but it’s also morally reprehensible.”

This is a lot of information, but we urge that you watch the movie because it clarifies the issues from a mechanical standpoint.

Share this Article
Posted by Alex Vartmann
Follow:
Web3 guru, and enjoys sugary liquorice.