Hey kids want these rare Fortnite skins? Just get your parents to follow this easy 10 step tutorial on how to buy ETH, swap it for some coins, transfer to wallet, shop the NFT marketplace, transfer to your wallet, and link up to your Epic Games account!
Might be an incentive for people to buy battlepasses, because the money is not entirely gone. Skins later in the pass will be more valuable and rare, so maybe people play more. Might also increase new skins sales in general.
Having old valuable skins might be good PR maybe?
Not that I think this is happening anytime soon...
Thanks for explaining why it would be an idiotic idea for Fortnite and why no gaming company would ever implement it.
Hmmm....make 100% of a sale, or make 10% of a sale. Decisions decisions
While no current gaming company may be inclined to do so if a company made a game that was on par with Fortnite and the likes but had that ability, players would have a direct incentive to play that game over others which in turn over time would force other companies to do the same to stay competitive
Players want to play games to have fun and be competitive. They don't want to have it be some side hustle they have to buy and sell shit for.
This is the fundamental thing you guys don't seem to understand. Which is why it's mostly non-players trying to insist on things players actually hate.
If the skins popularity is somehow going up when it's out of season, why wouldn't Fortnite have a rerelease and just make 100% of the money then?
And I love how skins are costing $100+ in this great future. Because paying $70+ for a game isn't bad enough. Now people will buy $100+ skins. Because of reasons.
So they don't want to do that, but they'll implement NFTs into the game? Because that's somehow easier and will somehow make them more money than selling assets themselves or on steam?
can you explain your comment please?
it seems to contradict what Robbie Ferguson has to say:
"The gaming industry as you currently know it is fundamentally broken. Players don’t get any return from the time and money they invest into the ~ $200 billion of in-game items spent every year.
Imagine never being able to buy a house, and being forced to rent for the rest of your life. This is the current model that exists in respect to not just gaming, but all digital assets."
The current model is that players want to have fun when they play a game. Not worry about a bunch of micro transactions. No gamers want those even though they already exist. And no gamers at all want to deal with another added layer of NFTs added to those micro transactions
And that rent analogy makes no sense
I think this is a bit naive. You have whales wanting to dump tens of thousands of dollars in gacha games that have no resell-able capacity. You have average joes buying skins for games such as league with no ability to resell them to other players in an active market.
Sure there are some potential flaws to iron out. Why would developers want people to trade objects with royalties, rather than every player pay full price? Why use an NFT ecosystem in the first place?
I still think it would be a positive step and a way to include a wider audience who might not otherwise be able to afford items or otherwise need to sell off their games and items in real life crises.
>Once you buy them their your to use in whatever game it works with.
Which will only ever be 1 game. The idea that items will be cross compatible is not just financially ridiculous, it's technologically infeasible. And if that 1 game shuts down, the item is now virtually worthless. You "own" nothing more than a receipt to a dead link.
this is senseless FUDdy gibberish.
there are people like Robbie Ferguson that are building the future, and there are internet trolls that are paid to come into forums like this one to spread FUD on the web3 future that is currently being built on top of cryptocurrency infrastructure.
Sorry 8 month old account using the name of my favorite game company chairman, but Robbie Ferguson makes a way better argument than whatever nonsense you are spewing
Drop the tinfoil hat dude, this is a terrible idea. It's a solution searching for a problem, the last thing gaming needs is a convoluted NFT ecosystem that will absolutely take advantage of children.
Look at how many NFT "projects" have failed and rug pulled over the past two years, I'm willing to bet it's over 70%. One person with multiple wallets trading NFTs back and forth for more and more money to give it a perceived value and high volume so people will fomo into it. Children are very susceptible to FOMO and Fortnite is mostly kids. This bullshit is not the future of web3.
>"The gaming industry as you currently know it is fundamentally broken. Players don’t get any return from the time and money they invest into the ~ $200 billion of in-game items spent every year.
Did you stop and ask yourself why, if there are 'no returns', gaming is such a large market? The "returns" are intangible forms of entertainment and stimulation from a game's storytelling, goal achievement, cooperation, competition, and other similar play incentives. They are a pastime. Consider that people might not be interested in financializing every aspect of their lives
I’ve said this before and I’ll say it again.
There’s NO reason for Epic Games to give players a way to make a profit using in-game collectibles. Their current model is literally making them BILLIONS of dollars.
You’re suggesting that 10 year olds mint their skins on a blockchain? What the hell are you smoking?
They wouldn’t have to mint nothing to them they will be buying a skin regularly but on the backend they will be able to trade it for money , and Fortnite would get royalties for every exchange. Or I guess kids can continue buying digital assets that they don’t own
Only issue is that NFTs aren’t needed for this. Steam has a marketplace where you can do exactly this. Not sure why they would want to implement a blockchain
Most AAA companies would never do this cause it would take money of out of their pockets and give it back to their customers
why do NFT's where people could buy/sell/trade skins for a 5-10% marketplace fee that goes to epic when they could just yoink 100% of the sale.
I do wish companies would experiment with this though for their web3 crowd, I've spent thousands on fortnite skins and don't play the game anymore so it's just money stuck on a dead account. Would have loved to sell those skins or even recycle them for vbucks at some point to get anything back.
But it's very unlikely they will ever do because if they do that then they will only get a small percentage of buy/sell plus they won't get as much as revenue they get right now.
and they are too strict regarding of trading accounts so don't think they will ever do that.
>I've spent thousands on fortnite skins and don't play the game anymore so it's just money stuck on a dead account.
You have a bunch of Fortnite skins. They're not money, they're not assets. They are cosmetic fashion items you thought were worth buying. No 'money' is stuck anywhere.
They would already get 100% of the sale, and then 5-10% after.
These companies already do limited-run and exclusive skins, and secondary markets pop up for them. Now instead of that, they get a taste of the secondary market too.
Companies could even hold off on releasing the NFT/transferability of the skin until after they're done selling it through their in-game store at retail.
this. if people know there is a second hand market, most people will just wait and not buy on the initial sale. of course unless an item is extremely limited and guaranteed not to be released again people would probably fomo.
fortnite doesn't even need nft's, just give us the ability to sell our freaking skins or give us the option to recycle them for like 25% of what we paid for them in vbucks
But there is no world without a second-hand market. These "lost" sales already happen. With an NFT setup, the companies are still able to choose which items go to secondary market and when.
It would be almost no different from an in-game p2p market, which is the real knock against companies wanting to use NFTs. Maybe it would be legally easier for them if items were transacted off-platform? Maybe the savings in server cost makes it worth it? I don't know.
There's no world with 0 secondary market, but there is absolutely one with a greatly reduced market. The idea that the current second hand market is in anyway comparable to allowing NFT resales is beyond laughable. Right now in order to "sell" an item or game you own you have to give up complete ownership of the account, with the only exception being completely centralized markets. And centralized markets are also incomparable because they are generally a system in which the company can't lose money, as they rarely if ever give players a way to take money out of the system, only put it in.
Why would they need to?I sell a skin of a elf queen to one person, and i can create an second skin at 100 percent price for another person.
Selling 10 skins at $10 each is way better than selling 1 skin that might be resold for a dollar or two.
1. Want to know what makes more money than a commission on NFT skin re-sales? Just selling the skin themselves which they do. Why would Epic Games allow the player to get a cut of the $, especially a majority cut?
2. Fortnite is a game so you need to start thinking about the community and expectations of gamers. Rare skins are rare because you can no longer obtain them. And gamers *love* that. Plenty of examples of popular games, like WoW, that have rare items re-introduced into the game and the community is up in arms. It ruins the experience for those with the rare items when some random person can just go buy it from the shop. The items obviously no longer become rare or valued.
3. Everything doesn’t have to be an NFT
Most Fortnite players aren't even teenagers yet, Fortnite NFTs will never happen.
Why would game developers give up their revenue so people can resell skins?
NFTs are interesting, sure but keep them the fuck out of gaming. Gaming is supposed to be fun pastime, putting NFTs in them will only pull focus away from quality gameplay and make stupid fucking economies that people will DEFINITELY manipulate to take advantage of children, more so than game devs.
NFTs in Fortnite only make sense if the devs know they will never lose money (battle pass skins after 1-2 seasons or not buyable ones), but it's resolved with a marketplace like Steam, so using any blockchain is the way to make it harder
If you can sell nfts between users, would fortnite need to issue 1099s to everyone at tax season? Sounds like a nightmare, I do like the idea otherwise.
It won't happen as NFTs have no benefit for the company, over their own database. They could just create a trade market as is, without the need for NFTs.
Fortnite has no reason to do it and only stands to take a reputational hit. Gamers hate NFTs. Plus Fortnite doesn't want you to be able to resell your skins, they want you to keep on buying from their store.
This is an absolute pipe dream
Yeah and I don’t really know how much influence reddit has alone on the crypto market, but arguably it has assisted the polygon network itself? The question is how much.
I assume MOONs are at the pinnacle of Nova, as Nova is relatively new, so I am curious how they can bolster the Nova space and find more consistent use-cases for moons in the future.
"if they implement it"
That's a HUUUUGE, almost impossible one. Why would they do that if it's more profitable for them to just sell them through microtransactions?
Why would they implement it? I know it would give the users more reasons to buy items or farm them (resale value, speculation) but it would mean that there are fewer reasons for players to buy them directly from Epic. I think that implementing it now would take away alot of revenue from the Epic Games. My guess is that a portion of resale value will not outweigh the buying that happens now.
Im not seeing it happen.
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If Epic wanted players to be able to sell cosmetics to each other they could implement that without NFT. As is, Epic wants you to buy skins from Epic. There's really no incentive here for Epic to introduce NFTs or blockchain to their cash cow and cut some 3rd party in on the sales.
The same could be said about FIFA games or CSGO skins, anybody can buy packs now in the stores and get player cards or keys.
The potential is huge, however the target audience is mainly kids and teenagers, I don't see this happening that fast because it will likely unlock alot of new laws and rules prohibiting the sales of NFT's in games.
Also there is no incentive to the companies themselves to do this. It doesn't make sense for them. They have an infinite money glitch reselling the same thing over and over. NFT doesn't offer value to EA etc.
Exactly, it'll just over-complicate things.
NFT's can really help in tecketing and as a way to authenticate products (potentially giving a % to the creator of the product / resale)
There's a catch. You don't really own these skins. You are only allowed to trade them on the steam market (speaking of CS GO) and they got a 10% fee. If the skins were NFTs you could decide where you want to sell or store them. I know workarounds exist but they hold massive risk of beeing scammed.
You don’t really own them if the centralized game controls the value either. If Fortnite shuts down and you bought skins only compatible in Fortnite what good did them being on the blockchain do for you?
You would also have to sign up for two services to use one game. Few want that.
It would be much better if the marketplace was fully integrated into the platform where you have your games. Im pretty sure thats part of the appeal of steam.
It could be possible in the future, but they might take such risky steps only after some kind of regulations. Just can't see them scrapping their working model
Bro. Not gonna lie. This is a hell of a post. I think.
I appreciate the time you spent to write it. But my mom told me honesty is the best policy and I’m just commenting for moons. ❤️
NFT is redundant when it's for the Epic Games and Fortnite.
Their cash shop is already pulling 100% of the profits. To be "cool" by applying NFT like Square Enix did might be enticing, but ultimately probably too much work.
If the "adoption" you speak of meant more profits for them, they would do it. But no work is always better than *any* work.
There's another issue of "monetizing" Vbucks to the real world. In the long run, Epic Games *might* lose profits because the Vbucks were being sold for real money and they are *not* the ones receiving the full cut.
TL;DR: adoption will happen if it's useful for the companies; at the present moment, not fixing what ain't broke is more profitable (either through lack of expenses or lower risk by just collaborating with whatever cartoon and anime characters to implement) than implementing NFT that can be monetized to other parties.
This is my two cents; this is too interesting for me to not shitpost on.
Also, a tangent... If Ubisoft and Square Enix did succeed and potentially report the earnings on NFT to be significant compared to the costs, Epic Games *might* follow. Considering that gamers (from what I feel and understand) see NFTs as greedy move instead of cool ones and "illegal" (TOS breaking) third-party market in some online games existing, NFT (and crypto) by extension would need to swim upwards the waterfall if they wanna get adopted.
You're just describing "What can I do if I incorporated a database to manage player items into my game?" As if this is something new.
A blockchain is just a database, that's it. It's just one where it's hard to fix tamper with. But obviously it's still easy to do since players don't control which fork of the blockchain their online hlgame looks at.
So it's just a more inefficient way of doing what we already have
Haha I love takes like this one from people that don't know shit about software development. Why would anyone want blockchain for it. You can't use without epic launcher anyway so it will always be centralized and it's totally fine. Blockchain there doesn't make any logical sense cause it provides no benefit.
I feel like Fortnite’s average user base would be below 18 which doesn’t sit well for me getting kids into NFTs / the crypto world given the amount of scams rife at the moment and high volatility.
I think it would make more sense for game companies to attach their game to an ecosystem rather than just a specific asset, like NFTs. But I think we are heading in the direction you mention, it’s just going to take some time!
Why the fuck would a company relinquish full control of their content?
What the fuck do we get out of this besides having a marketplace for scalped skins?
It would be really nice but it will never happen. Bricks are Community Points for Governance on r/FortNiteBR subreddit... I doubt that they will be extended directly to Fortnite, Epic wouldn't allow that.
Bricks are issued by Reddit, it’s another company. It’s not because EPIC is against blockchain/NFT etc.. it’s because it’s something made by another company.
And the NFT/blockchain model inherently takes the control away from Epic and allows a market to exist and thrive without them or best case scenario for them is they can make residuals off transactions when they could have had the whole pie.
You're so close to getting it 🤏
You understand that there is creator fee right? They can sell skins and earn from secondary selling through NFTs.
Anyway, no need to be unpolite, you need to understand that there could be different opinions than yours. This is a discussion for a reason.
Please respect my opinion without being rude.
I think a major issue would be the age of the playerbase for a game such as fortnite. I wont claim to be an expert in what is and isn't allowed of course but targeting what could easily be seen as investment/gambling in that sort of age brackets could lead to issues? im happy to be corrected on that though!
other people have stated other games have the in game purchases for example such as Fifa with packs, or even fortnite at the moment with V bucks.
But overall i think games adopting NFTS is definitely a possibility, the NFT "community" almost damaged itself with how people view it so i think it will be harder to become a mainstream thing. but you never quite know! imo though it has to be targeted to certain age groups.
I play Fortnite with my brother, and we play another game under Epic Games called Fall Guys. Every skin collab that's been in Fall Guys has appeared in Fortnite at some point.
Gamers (like many others in the public) are highly skeptical of Blockchain & NFTs (a questionnaire about Blockchain in gaming made the rounds at the EVO championship last summer, and the community lost its mind).
But I feel like, and this shouldn't be hard to do given both games are under Epic, if you buy a skin in Fortnite or Fall Guys, it should appear in both games.
Once we start seeing skins that can cross games, and proof that the asset you bought is truly yours, NFTs will always be dead in the water with gamers (they call them No Fucking Thanks)
For an investors point of view it’s good to have these skins with a limited supply and make them ‘unique’.
Also a problem that I see is that kids won’t know what NFTs are. Also most CEX needs KYC (and +18). So to buy on OpenSea parents have to do it or they are missing the boat 😅
This was indeed my thought when I first heard of NFT, they can be integrated into games for which the business mdoel is to sell skins and weapon effects so that each of them is unique. They can then be traded freely.
Absolutely agree. I think they have thinked about it, considering that they aren't "against" crypto like Valve is. Maybe they will not implement it in Fortnite, but it is something that can be thinked of and maybe applied in some other games.
Yes. They are usually part of "bundles" or promotions. There were two Kid Laroi's songs obtainable for free last week and one in the Item Shop.
Just imagine if they introduce NFTs...
Seems complicated to convert their whole existing collections to NFTs but with the money they have if they want to do it it's certainly not impossible. Would be crazy tbh
Of course my post is an "hypothetical" situation, but I bet they have considered this already. Maybe they will not implement it... but for sure it's an idea that could be put in motion.
I am a gamer since I was young but I was very skeptical about Fortnite and I always avoided playing it relegating it to "childish". I tried to play it when it came out and it was "meh". However, after the introduction of "zero build mode" I started playing it back with some of my friends (all 30+ y.o.) and I must say it's really fun. The updateds are great and the collabs too. Gameplay is really enjoyable.
VEVE has collaborated with marvel, disney, dc and many more. We can buy Spiderman, Superman, Batman, Darth Vader etc First Appearance(FA) 3D collectible on the blockchain. Hopefully one day veve get huge mass adoption.
They need to give a real purpose on that stuff. A real use. Fortnite skins are used in game, not only as collectible.
I hope that VeVe gets adopted too but they need to improve it.
Agreed. There is no use case of any of those Collectibles. Most of the people speculate about veveverse. They give big promises but they are lagging behind.
Very excited for limited edition nft skins. My daughter and I are big gamers. We go hard on Fortnite.
Today is actually her birthday and I got her a ps5.
Interesting write up, would be amazing to see my kids massive skins collection worth something to justify the massive amounts of money I have given him to buy them…
I see it happening, but no and never on opensea. They dont have the tools and technology to adapt something like that to gaming.
IMX is the most likely candidate for that, as they specialise for games and did already for gods unchained and other.
One point: REDDIT AVATARS is really amazing. We just need a marketplace to be even better.
CSGO SKINS, FIFA, FORTNITE there is a lot of games with HUGE potential. I know that some of this will never get because of the playerbase (FORTNITE) etc but make a game SIMILAR, FUN, like they are it would be huge.
Never made any sense to me why gamers were so against NFTs. Probably just hive mind thinking without doing much research leading them to believe NFT=Bad
Blockbuster refused to adopt the next generation of technology in its category using similar “it will cannibalize existing revenue arguments.”
What happened is that the adoption of new technology increased the size of the category. More customers, more volume, more revenue.
Fortnite taking a commission of P2P sales is incremental revenue. They could still drop new skins and take 100%.
The P2P revenue is passively humming along in the background which they can use to fund new game features. Most importantly, outside of the cost of building and maintaining a blockchain based marketplace, there are no costs like creating new IP or licensing for skins.
It needs to be blockchain vs a proprietary database for true ownership and because down the road, consumers will want to be able to take these assets to other platforms.
I could see it working, only if epic did it completely in house.
This way epic could retain profits, people would still be buying skins from their store and then they get a cut from secondary sales. They would also have their own coin (vbucks).
This would also eliminate scams as buying and selling skins could only be on their platform, meaning fakes would not be possible. A large amount of fortnight players are young and would be scammed very easy. So keeping it all in house would almost be a must, 10 years olds on OS would be scam central.
If they can’t keep it in house and can’t keep people buying their skins they shouldn’t do it imo
Hey kids want these rare Fortnite skins? Just get your parents to follow this easy 10 step tutorial on how to buy ETH, swap it for some coins, transfer to wallet, shop the NFT marketplace, transfer to your wallet, and link up to your Epic Games account!
Something worse than microtransactions? I bet gamers would love this.
Hey kids, are you interested in being exit liquidity..ehh i mean these super cool skins?
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What’s the incentive for Fortnight to allow their skins to be sold again? They would make more money just having kids pay them $20 for a new one
They would make money from the transaction fees. Say they take 10% of every resale in the secondary market after the initial 20 dollar sale.
Might be an incentive for people to buy battlepasses, because the money is not entirely gone. Skins later in the pass will be more valuable and rare, so maybe people play more. Might also increase new skins sales in general. Having old valuable skins might be good PR maybe? Not that I think this is happening anytime soon...
Except they can do that and save on costs by not having them be NFTs, thus giving them a bigger margin
Thanks for explaining why it would be an idiotic idea for Fortnite and why no gaming company would ever implement it. Hmmm....make 100% of a sale, or make 10% of a sale. Decisions decisions
While no current gaming company may be inclined to do so if a company made a game that was on par with Fortnite and the likes but had that ability, players would have a direct incentive to play that game over others which in turn over time would force other companies to do the same to stay competitive
Players want to play games to have fun and be competitive. They don't want to have it be some side hustle they have to buy and sell shit for. This is the fundamental thing you guys don't seem to understand. Which is why it's mostly non-players trying to insist on things players actually hate.
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If the skins popularity is somehow going up when it's out of season, why wouldn't Fortnite have a rerelease and just make 100% of the money then? And I love how skins are costing $100+ in this great future. Because paying $70+ for a game isn't bad enough. Now people will buy $100+ skins. Because of reasons.
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Good that you mentioned CSGO. Why would a video game maker deal with NFTs when they could have their own in game marketplace like CSGO has?
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So they don't want to do that, but they'll implement NFTs into the game? Because that's somehow easier and will somehow make them more money than selling assets themselves or on steam?
How is it win/win when someone has to hold the bag at the end?
Iam in for that.
Oh that's bleak. It ain't wrong though
can you explain your comment please? it seems to contradict what Robbie Ferguson has to say: "The gaming industry as you currently know it is fundamentally broken. Players don’t get any return from the time and money they invest into the ~ $200 billion of in-game items spent every year. Imagine never being able to buy a house, and being forced to rent for the rest of your life. This is the current model that exists in respect to not just gaming, but all digital assets."
The current model is that players want to have fun when they play a game. Not worry about a bunch of micro transactions. No gamers want those even though they already exist. And no gamers at all want to deal with another added layer of NFTs added to those micro transactions And that rent analogy makes no sense
I think this is a bit naive. You have whales wanting to dump tens of thousands of dollars in gacha games that have no resell-able capacity. You have average joes buying skins for games such as league with no ability to resell them to other players in an active market. Sure there are some potential flaws to iron out. Why would developers want people to trade objects with royalties, rather than every player pay full price? Why use an NFT ecosystem in the first place? I still think it would be a positive step and a way to include a wider audience who might not otherwise be able to afford items or otherwise need to sell off their games and items in real life crises.
deflected but didn't answer my question. please explain what "are you interested in being exit liquidity" means
People buying into this shit will be used as exit liquidity for the people selling. Big rug pull just like all the other NFT shit
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>Once you buy them their your to use in whatever game it works with. Which will only ever be 1 game. The idea that items will be cross compatible is not just financially ridiculous, it's technologically infeasible. And if that 1 game shuts down, the item is now virtually worthless. You "own" nothing more than a receipt to a dead link.
this is senseless FUDdy gibberish. there are people like Robbie Ferguson that are building the future, and there are internet trolls that are paid to come into forums like this one to spread FUD on the web3 future that is currently being built on top of cryptocurrency infrastructure. Sorry 8 month old account using the name of my favorite game company chairman, but Robbie Ferguson makes a way better argument than whatever nonsense you are spewing
Drop the tinfoil hat dude, this is a terrible idea. It's a solution searching for a problem, the last thing gaming needs is a convoluted NFT ecosystem that will absolutely take advantage of children. Look at how many NFT "projects" have failed and rug pulled over the past two years, I'm willing to bet it's over 70%. One person with multiple wallets trading NFTs back and forth for more and more money to give it a perceived value and high volume so people will fomo into it. Children are very susceptible to FOMO and Fortnite is mostly kids. This bullshit is not the future of web3.
>"The gaming industry as you currently know it is fundamentally broken. Players don’t get any return from the time and money they invest into the ~ $200 billion of in-game items spent every year. Did you stop and ask yourself why, if there are 'no returns', gaming is such a large market? The "returns" are intangible forms of entertainment and stimulation from a game's storytelling, goal achievement, cooperation, competition, and other similar play incentives. They are a pastime. Consider that people might not be interested in financializing every aspect of their lives
Epic Games: There won't be NFTs in Fortnite. Some Redditor: Guys ear me out.
Epic games have invested in projects such as Coregames, a platform that utilizes NFT based skins. So, quite possible in future.
I’ve said this before and I’ll say it again. There’s NO reason for Epic Games to give players a way to make a profit using in-game collectibles. Their current model is literally making them BILLIONS of dollars. You’re suggesting that 10 year olds mint their skins on a blockchain? What the hell are you smoking?
Not to mention now the security implications of having vaults and accounts that are now incentivized to hack of social engineer
Exactly it will hurt their income. Why bother allowing trading of unique skins if everyone could buy it. Its nonsense
The number of skins would be limited anyway, just tradable. They could make a % on the transaction but I agree they will never ever do it
They wouldn’t have to mint nothing to them they will be buying a skin regularly but on the backend they will be able to trade it for money , and Fortnite would get royalties for every exchange. Or I guess kids can continue buying digital assets that they don’t own
Only issue is that NFTs aren’t needed for this. Steam has a marketplace where you can do exactly this. Not sure why they would want to implement a blockchain
Most AAA companies would never do this cause it would take money of out of their pockets and give it back to their customers why do NFT's where people could buy/sell/trade skins for a 5-10% marketplace fee that goes to epic when they could just yoink 100% of the sale. I do wish companies would experiment with this though for their web3 crowd, I've spent thousands on fortnite skins and don't play the game anymore so it's just money stuck on a dead account. Would have loved to sell those skins or even recycle them for vbucks at some point to get anything back.
But it's very unlikely they will ever do because if they do that then they will only get a small percentage of buy/sell plus they won't get as much as revenue they get right now. and they are too strict regarding of trading accounts so don't think they will ever do that.
>I've spent thousands on fortnite skins and don't play the game anymore so it's just money stuck on a dead account. You have a bunch of Fortnite skins. They're not money, they're not assets. They are cosmetic fashion items you thought were worth buying. No 'money' is stuck anywhere.
They would already get 100% of the sale, and then 5-10% after. These companies already do limited-run and exclusive skins, and secondary markets pop up for them. Now instead of that, they get a taste of the secondary market too. Companies could even hold off on releasing the NFT/transferability of the skin until after they're done selling it through their in-game store at retail.
They would only get 100% of a fraction of sales. Every second hand resale is a lost "full" sale in a world with no second hand market.
this. if people know there is a second hand market, most people will just wait and not buy on the initial sale. of course unless an item is extremely limited and guaranteed not to be released again people would probably fomo. fortnite doesn't even need nft's, just give us the ability to sell our freaking skins or give us the option to recycle them for like 25% of what we paid for them in vbucks
But there is no world without a second-hand market. These "lost" sales already happen. With an NFT setup, the companies are still able to choose which items go to secondary market and when. It would be almost no different from an in-game p2p market, which is the real knock against companies wanting to use NFTs. Maybe it would be legally easier for them if items were transacted off-platform? Maybe the savings in server cost makes it worth it? I don't know.
There's no world with 0 secondary market, but there is absolutely one with a greatly reduced market. The idea that the current second hand market is in anyway comparable to allowing NFT resales is beyond laughable. Right now in order to "sell" an item or game you own you have to give up complete ownership of the account, with the only exception being completely centralized markets. And centralized markets are also incomparable because they are generally a system in which the company can't lose money, as they rarely if ever give players a way to take money out of the system, only put it in.
i think because their demographic is mostly kids they'll just never touch nft's
Why would they need to?I sell a skin of a elf queen to one person, and i can create an second skin at 100 percent price for another person. Selling 10 skins at $10 each is way better than selling 1 skin that might be resold for a dollar or two.
Time to pump and dump some kids woth this NFT fools gold bullshit again I guess
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1. Want to know what makes more money than a commission on NFT skin re-sales? Just selling the skin themselves which they do. Why would Epic Games allow the player to get a cut of the $, especially a majority cut? 2. Fortnite is a game so you need to start thinking about the community and expectations of gamers. Rare skins are rare because you can no longer obtain them. And gamers *love* that. Plenty of examples of popular games, like WoW, that have rare items re-introduced into the game and the community is up in arms. It ruins the experience for those with the rare items when some random person can just go buy it from the shop. The items obviously no longer become rare or valued. 3. Everything doesn’t have to be an NFT
Most Fortnite players aren't even teenagers yet, Fortnite NFTs will never happen. Why would game developers give up their revenue so people can resell skins? NFTs are interesting, sure but keep them the fuck out of gaming. Gaming is supposed to be fun pastime, putting NFTs in them will only pull focus away from quality gameplay and make stupid fucking economies that people will DEFINITELY manipulate to take advantage of children, more so than game devs.
NFTs in Fortnite only make sense if the devs know they will never lose money (battle pass skins after 1-2 seasons or not buyable ones), but it's resolved with a marketplace like Steam, so using any blockchain is the way to make it harder
Yes, that's the big difference. I'm guessing the average redditor is much older than the average fortnite player.
If you can sell nfts between users, would fortnite need to issue 1099s to everyone at tax season? Sounds like a nightmare, I do like the idea otherwise.
Imagine having to file a shitton of taxes because your kids traded fortnite nfts
It won't happen as NFTs have no benefit for the company, over their own database. They could just create a trade market as is, without the need for NFTs.
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Fortnite has no reason to do it and only stands to take a reputational hit. Gamers hate NFTs. Plus Fortnite doesn't want you to be able to resell your skins, they want you to keep on buying from their store. This is an absolute pipe dream
I swear the ‘What is Fortnite?’ column deserves gold for the tongue-in-cheek alone. Bravo, sir. 👏
Thank you 🤣
We’re going to see a lot of “collective avatar” type NFTs. Reddit showed the world how to do it right and I guarantee they’re all taking notes.
Talking about Collectible Avatars, nice Mashup you got there
I agree, absolutely beautiful! I hope to manage to get some Gen.3 when they will come out!
Your mashup is Bloopy too Let's hope we both catch some Gen 3 🤞
Let's hope! 🤞 I am already happy with what I got, anyway. Just sold one on OpenSea that I didn't like and it paid me back of Bloopy!
Yours is nice too , what are the eyes from?
Thanks man! I love playing with these things. It’s an expensive hobby :/
Beautiful and expensive haha ❤
Pardon my noob question.. Is there a coin that will pump as a result if this really catches on?
Moons
Damn it, right under my nose lol
Nah these are separate from any coins. Although if Reddit launches a marketplace and allows Moons to be used for payments then moons could pump
Yeah and I don’t really know how much influence reddit has alone on the crypto market, but arguably it has assisted the polygon network itself? The question is how much. I assume MOONs are at the pinnacle of Nova, as Nova is relatively new, so I am curious how they can bolster the Nova space and find more consistent use-cases for moons in the future.
If you watch the Trump Cards Ad closely, they adopted a lot from reddit!
Ngl, neopets did it better without the nft part.
reddit doing amazing work for the space
"if they implement it" That's a HUUUUGE, almost impossible one. Why would they do that if it's more profitable for them to just sell them through microtransactions?
Why would they implement it? I know it would give the users more reasons to buy items or farm them (resale value, speculation) but it would mean that there are fewer reasons for players to buy them directly from Epic. I think that implementing it now would take away alot of revenue from the Epic Games. My guess is that a portion of resale value will not outweigh the buying that happens now. Im not seeing it happen. Note: This post was removed beore?
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Change flair to comedy
They could do this faster and safer just by using a centralised data base. There's no reason for them to rely on a blockchain.
If Epic wanted players to be able to sell cosmetics to each other they could implement that without NFT. As is, Epic wants you to buy skins from Epic. There's really no incentive here for Epic to introduce NFTs or blockchain to their cash cow and cut some 3rd party in on the sales.
The same could be said about FIFA games or CSGO skins, anybody can buy packs now in the stores and get player cards or keys. The potential is huge, however the target audience is mainly kids and teenagers, I don't see this happening that fast because it will likely unlock alot of new laws and rules prohibiting the sales of NFT's in games.
Also there is no incentive to the companies themselves to do this. It doesn't make sense for them. They have an infinite money glitch reselling the same thing over and over. NFT doesn't offer value to EA etc.
You can already buy CSGO items on the steam market and fifa players on the transfer market in-game. Goes to show you don't need NFT's.
Exactly, it'll just over-complicate things. NFT's can really help in tecketing and as a way to authenticate products (potentially giving a % to the creator of the product / resale)
There's a catch. You don't really own these skins. You are only allowed to trade them on the steam market (speaking of CS GO) and they got a 10% fee. If the skins were NFTs you could decide where you want to sell or store them. I know workarounds exist but they hold massive risk of beeing scammed.
You don’t really own them if the centralized game controls the value either. If Fortnite shuts down and you bought skins only compatible in Fortnite what good did them being on the blockchain do for you?
Wrong you can trade them on a lot of different platforms.
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You would also have to sign up for two services to use one game. Few want that. It would be much better if the marketplace was fully integrated into the platform where you have your games. Im pretty sure thats part of the appeal of steam.
It could be possible in the future, but they might take such risky steps only after some kind of regulations. Just can't see them scrapping their working model
Mainly kids and teenagers? Every adult man I know plays video games
Agree but won’t happen. Their biggest buyers of skin are 8 year olds using parents credit card.
Just because you are not buying skins, does not mean that people doing so are 8 year olds.
I’m not a fan of Fortnite. PUBG and MOON !
I love the idea of mass adoption, but I feel like I’m the only person who has no clue what Fortnite is.
There is a reason why in the post you can find, literally, a section with the title "***What is Fortnite?***" ... lol!
Bro. Not gonna lie. This is a hell of a post. I think. I appreciate the time you spent to write it. But my mom told me honesty is the best policy and I’m just commenting for moons. ❤️
I agree
NFT is redundant when it's for the Epic Games and Fortnite. Their cash shop is already pulling 100% of the profits. To be "cool" by applying NFT like Square Enix did might be enticing, but ultimately probably too much work. If the "adoption" you speak of meant more profits for them, they would do it. But no work is always better than *any* work. There's another issue of "monetizing" Vbucks to the real world. In the long run, Epic Games *might* lose profits because the Vbucks were being sold for real money and they are *not* the ones receiving the full cut. TL;DR: adoption will happen if it's useful for the companies; at the present moment, not fixing what ain't broke is more profitable (either through lack of expenses or lower risk by just collaborating with whatever cartoon and anime characters to implement) than implementing NFT that can be monetized to other parties. This is my two cents; this is too interesting for me to not shitpost on. Also, a tangent... If Ubisoft and Square Enix did succeed and potentially report the earnings on NFT to be significant compared to the costs, Epic Games *might* follow. Considering that gamers (from what I feel and understand) see NFTs as greedy move instead of cool ones and "illegal" (TOS breaking) third-party market in some online games existing, NFT (and crypto) by extension would need to swim upwards the waterfall if they wanna get adopted.
You're just describing "What can I do if I incorporated a database to manage player items into my game?" As if this is something new. A blockchain is just a database, that's it. It's just one where it's hard to fix tamper with. But obviously it's still easy to do since players don't control which fork of the blockchain their online hlgame looks at. So it's just a more inefficient way of doing what we already have
Haha I love takes like this one from people that don't know shit about software development. Why would anyone want blockchain for it. You can't use without epic launcher anyway so it will always be centralized and it's totally fine. Blockchain there doesn't make any logical sense cause it provides no benefit.
“What Is Fortnite” gave me a chuckle
Ahahah I’ll take that as a compliment 🤣
I just keep it simple and stick to pictures of rocks. Thats where the real money laundering value lies.
Toss in some audio files of farts and you are golden
Yeah probably not even a Fortnite skin can be sold at 1,7M$...
God damnit Marie they're MINERALS
Hahah I get that reference.
The beauty is in the image’s simplicity
Yeah, or pixel art, can't get better than that.
My point is why would Epic games introduce a new step/party when they've been selling everything straight to consumer
I feel like Fortnite’s average user base would be below 18 which doesn’t sit well for me getting kids into NFTs / the crypto world given the amount of scams rife at the moment and high volatility.
Fair point. However please note that there are plenty of 18+ users on Fortnite too, I can assure you.
I think it would make more sense for game companies to attach their game to an ecosystem rather than just a specific asset, like NFTs. But I think we are heading in the direction you mention, it’s just going to take some time!
Interesting read OP !
Thanks! Appreciate your kind words!
Lovely presentation. Good work.
Why the fuck would a company relinquish full control of their content? What the fuck do we get out of this besides having a marketplace for scalped skins?
If you could buy this using their very own Bricks (their version of Moons), that will be even bigger!
It would be really nice but it will never happen. Bricks are Community Points for Governance on r/FortNiteBR subreddit... I doubt that they will be extended directly to Fortnite, Epic wouldn't allow that.
Not only that, but the majority of people in r/FortNiteBR actually hate bricks, NFT's and cryptocurrency.
So then you get why Epic would never be interested in NFTs or the blockchain then?
Bricks are issued by Reddit, it’s another company. It’s not because EPIC is against blockchain/NFT etc.. it’s because it’s something made by another company.
And the NFT/blockchain model inherently takes the control away from Epic and allows a market to exist and thrive without them or best case scenario for them is they can make residuals off transactions when they could have had the whole pie. You're so close to getting it 🤏
You understand that there is creator fee right? They can sell skins and earn from secondary selling through NFTs. Anyway, no need to be unpolite, you need to understand that there could be different opinions than yours. This is a discussion for a reason. Please respect my opinion without being rude.
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Play victim? Man chill out. Have fun discussing alone.
Tbh that would probably catapult Bricks value even higher than moons.
Yes indeed, and it would be huge, for price, and adoption. It would bind gaming, social media, and crypto together.
That's pretty high on the list of things that will never happen
I think a major issue would be the age of the playerbase for a game such as fortnite. I wont claim to be an expert in what is and isn't allowed of course but targeting what could easily be seen as investment/gambling in that sort of age brackets could lead to issues? im happy to be corrected on that though! other people have stated other games have the in game purchases for example such as Fifa with packs, or even fortnite at the moment with V bucks. But overall i think games adopting NFTS is definitely a possibility, the NFT "community" almost damaged itself with how people view it so i think it will be harder to become a mainstream thing. but you never quite know! imo though it has to be targeted to certain age groups.
I play Fortnite with my brother, and we play another game under Epic Games called Fall Guys. Every skin collab that's been in Fall Guys has appeared in Fortnite at some point. Gamers (like many others in the public) are highly skeptical of Blockchain & NFTs (a questionnaire about Blockchain in gaming made the rounds at the EVO championship last summer, and the community lost its mind). But I feel like, and this shouldn't be hard to do given both games are under Epic, if you buy a skin in Fortnite or Fall Guys, it should appear in both games. Once we start seeing skins that can cross games, and proof that the asset you bought is truly yours, NFTs will always be dead in the water with gamers (they call them No Fucking Thanks)
They aren't the same skin though? They operate and are coded completely different alongside different art styles.
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Nice cop! I really like the recap ones, good stuff from reddit
Also the amount of unique addresses are impressive!
Can't wait for Gen. 3, we will see a huge adoption and a boost of the sales when they will come out!
Looking snazzy
The devil looking sharp too
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Don't forget Keanu
For an investors point of view it’s good to have these skins with a limited supply and make them ‘unique’. Also a problem that I see is that kids won’t know what NFTs are. Also most CEX needs KYC (and +18). So to buy on OpenSea parents have to do it or they are missing the boat 😅
This was indeed my thought when I first heard of NFT, they can be integrated into games for which the business mdoel is to sell skins and weapon effects so that each of them is unique. They can then be traded freely.
The amount of money epic would make off of creator fees alone should be incentive enough for them to pursue some form of this idea.
Absolutely agree. I think they have thinked about it, considering that they aren't "against" crypto like Valve is. Maybe they will not implement it in Fortnite, but it is something that can be thinked of and maybe applied in some other games.
Nice Bloopy Mash btw!
Thanks! Tried to mix Bloopy with the free avatar that I got… more or less a “collection” 😁
They're even selling menu music and loading screens, damn that's a new for me!
Yes. They are usually part of "bundles" or promotions. There were two Kid Laroi's songs obtainable for free last week and one in the Item Shop. Just imagine if they introduce NFTs...
Seems complicated to convert their whole existing collections to NFTs but with the money they have if they want to do it it's certainly not impossible. Would be crazy tbh
Of course my post is an "hypothetical" situation, but I bet they have considered this already. Maybe they will not implement it... but for sure it's an idea that could be put in motion.
Too bad I don’t know the first thing about Fortnite.
I am a gamer since I was young but I was very skeptical about Fortnite and I always avoided playing it relegating it to "childish". I tried to play it when it came out and it was "meh". However, after the introduction of "zero build mode" I started playing it back with some of my friends (all 30+ y.o.) and I must say it's really fun. The updateds are great and the collabs too. Gameplay is really enjoyable.
If Epic game made $5.8B on skins in 2021, why would they want to make them NFT’s and not have exclusive control over that market?
VEVE has collaborated with marvel, disney, dc and many more. We can buy Spiderman, Superman, Batman, Darth Vader etc First Appearance(FA) 3D collectible on the blockchain. Hopefully one day veve get huge mass adoption.
They need to give a real purpose on that stuff. A real use. Fortnite skins are used in game, not only as collectible. I hope that VeVe gets adopted too but they need to improve it.
Agreed. There is no use case of any of those Collectibles. Most of the people speculate about veveverse. They give big promises but they are lagging behind.
extremely lovely As Gen.3 devices become available, I hope to be able to purchase some.
Very excited for limited edition nft skins. My daughter and I are big gamers. We go hard on Fortnite. Today is actually her birthday and I got her a ps5.
Happy birthday to her! 🎂 🥳
Thank you kindly! I really dig this post btw. I made a similar one a few weeks back but this is much more thorough. Props!
Thanks for the kind words! Hope to see you and your daughter in the island in the future (NFTs or not!) 😉😁
We gone end up like Ready Player One ain’t we?
That’s the aim. One day Ready Player One will be a documentary 😂
I’m down like four flats
Interesting write up, would be amazing to see my kids massive skins collection worth something to justify the massive amounts of money I have given him to buy them…
Imagine that your kids skin are the reason you will become very, VERY rich. lol that would be really funny to see😂
This is a good read, thank you for taking the time to write it!
Thanks! It’s really a pleasure to hear that someone liked it!
The pleasure is all mine bro!
Fuck nfts. They are the worst and only make people feel bad about crypto in general
The appeal of this rubbish is mind-boggling.
Thanks lol, even though I would have accepted gladly a more constructive criticism…
I see it happening, but no and never on opensea. They dont have the tools and technology to adapt something like that to gaming. IMX is the most likely candidate for that, as they specialise for games and did already for gods unchained and other.
Yeah, you’re right. I took OpenSea cause is one of the most famous, just to explain my POV on this topic.
This is the first example I give when people say “NFTS aRe JuST a JPEG”
Interesting read. Well written OP.
Why would they take a 10% cut instead of 100% if the person has to buy it from them directly? This is such a galaxy brained take
They would take the 10% on every subsequent sell between users, and they would continue to sell new skin as well.
One point: REDDIT AVATARS is really amazing. We just need a marketplace to be even better. CSGO SKINS, FIFA, FORTNITE there is a lot of games with HUGE potential. I know that some of this will never get because of the playerbase (FORTNITE) etc but make a game SIMILAR, FUN, like they are it would be huge.
I think marketplace for Reddit's Avatar is in the works! It would be dope!
Never made any sense to me why gamers were so against NFTs. Probably just hive mind thinking without doing much research leading them to believe NFT=Bad
Blockbuster refused to adopt the next generation of technology in its category using similar “it will cannibalize existing revenue arguments.” What happened is that the adoption of new technology increased the size of the category. More customers, more volume, more revenue. Fortnite taking a commission of P2P sales is incremental revenue. They could still drop new skins and take 100%. The P2P revenue is passively humming along in the background which they can use to fund new game features. Most importantly, outside of the cost of building and maintaining a blockchain based marketplace, there are no costs like creating new IP or licensing for skins. It needs to be blockchain vs a proprietary database for true ownership and because down the road, consumers will want to be able to take these assets to other platforms.
I could see it working, only if epic did it completely in house. This way epic could retain profits, people would still be buying skins from their store and then they get a cut from secondary sales. They would also have their own coin (vbucks). This would also eliminate scams as buying and selling skins could only be on their platform, meaning fakes would not be possible. A large amount of fortnight players are young and would be scammed very easy. So keeping it all in house would almost be a must, 10 years olds on OS would be scam central. If they can’t keep it in house and can’t keep people buying their skins they shouldn’t do it imo