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The virtual stuff you "own" in virtual environments are going to be siloed in individual companies' ecosystems. Just like GTA Online is never going to give me any sort of benefit from the fancy sword I have in World of Warcraft, neither is Facebook/Meta going give me any benefit from the couch I have in whatever system Microsoft or Valve puts out. NFTs are never going to materialize into that sort of cross-ecosystem unified ownership because no large company benefits from honoring assets obtained in another company's ecosystem.


This is already happening. You're thinking about this in reverse.

The web 1.0 and 2.0 way of thinking if we build the product, then we own the community.

The web 3.0 way of thinking is there are existing communities out there (BAYC, Punks, etc.) that we can enable to use our product and come into our space.

And this is already happening.


Okay, but these people are already on Twitter and Twitter doesn't do any work to verify that they "own" the NFT for their BAYC avatar or whatever. But they like Twitter, so they hang out there anyway even though anyone could "rip off" their NFT and tweet it or use it as their avatar.

It seems to me that they need Twitter (and Discord, etc) way more than the other way around. No enabling required.


BAYC is light years beyond everything else in the NFT space. The way they've built a community and played up their cool factor to make you want to be a part of it all is impressive.

Their parties this last week in NYC for NFT week pretty much locked them as the model to strive for. I don't know if others can do it, but they've set the standard.


> played up their cool factor

C'mon. This is very "rich nerds desperately trying to be cool", it's not an actual thing that normal people will ever care about. We already have status symbols that you can show off in the real world.


At every cryptocurrency party I've been to, the people (i.e., the normal ones, not the true believers) stop coming when the free drinks and food stop flowing. I wouldn't confuse that with a "cool factor."


Never say never. A “stuff” import seems like the kind of feature that would have to be copied by other platforms as soon as one does it, but there’s a chicken and egg aspect.

I disagree with the whole “value of ownership” thing. Making knock off nfts is trivial, so this relies on people caring enough about provenance to police this and shame people that have knock offs in their virtual environment.

Digital goods can be copied for free. It’s the killer feature of digital. No more scarcity!! Any system that fails to embrace this will be outcompeted long term. See the music industry.


> shame people that have knock offs in their virtual environment

Because the bullying at school for having non-brand clothing or things wasn't enough. You'll need Supreme(TM) nfts, or become a digital pariah?


NFTs are country club memberships.


And even if they did, they could share that information with a database or a federated API. No reason to bother with NFTs.




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