The NFT bubble has burst. This is something that we all knew was going to happen, but as with all bubbles, it has made people lose thousands of euros. And it is that the purchase of blockchain monkeys has happened, in just 6 months, from generating 12,000 million in revenue to less than 1,000 million. Did we really believe that a JPEG of a drugged monkey worth thousands of euros, in a few months, was going to be worth a hundred times more? At this rate, by the end of the year the NFTs will have disappeared. Unless you bet on the only exit where they could make some sense.
The first thing we must be clear about is that, for something to make sense, it must be useful. And unlike a painting or a work of art, which can be, a simple computer-generated image is not. We can use it to post on social networks, but for absolutely nothing else. And, once a photo is shared on the networks, a simple screenshot allows anyone to have it in their possession.
There are some crazy NFT sales attempts going on. Even this week there has been an attempt to sell a Corvette NFT, which included a real Chevrolet as a gift (see the irony of selling an intangible NFT along with a tangible object). And yet, not a single person has been interested.
However, as NFTs plummet more and more, and people realize that they have lost their money, just as if they bought back in the day, there may be a small gap for this type of non-fungible token: video games.
An NFT in a video game: absurd, but with sense
The objective of an NFT is that it be something unique, that its owner can use it, brag about it, and that, in addition, if he wants, he can transfer his ownership. This concept fits perfectly with the theme of the .
If a developer of an online game, such as Fortnite, or WoW, decides to include NFT in their games, users will be able to purchase unique items, of which there will only be a single unit in the history of the game, and you can use it to show off it in front of the other players. For example, in a game where all characters are bald, an NFT could be a red mane. Upon equipping it, all players will see how that player is wearing a unique mane. And, furthermore, they will not be able to buy another one like it, because it is unique.
In this way, it would only affect the aesthetics of the game, but it would not harm the gaming experience by not giving that player any advantage over the others. The item could be tied to the account, and the account owner could even use the item in other company games. And, when he gets tired of it, he could sell it so another player could use it. But always, there being a single unit.
If NFTs don’t take this path, nothing good will hold for them in the near future.