Crypto faces a backlash from gamers because NFTs are often a way for game developers to extract more money, whereas music fans treat NFTs more like souvenirs
Casey Newton / Platformer : Tweets: @caseynewton , @kevinbuist , @jeffjohnroberts , @sarthakgh , @joshelman , and @joshuatopolsky Tweets: Casey Newton / @caseynewton : I tried to answer a question that has been on my mind for a while now: why do gamers hate NFTs, and music fans don't? I'm wildly generalizing here, I realize, but these fandoms may be pointing to what people actually want from this stuff https://www.platformer.news/ ... https://twitter.com/... Kevin Buist / @kevinbuist : Casey Newton says something similar to what I've said about gamers and NFTs: Gamers don't trust game companies to integrate crypto because they totally distrust the companies that make their favorite games. He calls it a hostage negotiation. https://www.platformer.news/ ... Jeff Roberts / @jeffjohnroberts : This is a good take. TL;DR: Gamers are rightfully suspicious NFTs are just another way to soak them w/o improving gameplay Music fans view NFTs as another collectible and a way to support the artists they love (no one loves gaming studios) https://www.platformer.news/ ... @sarthakgh : “You can still stream Legend on Spotify without buying one of his NFTs...The music industry has so far approached crypto as a way to sell extras to an artist's most hardcore fans, and it's natural that those hardcore fans have not rioted in response.” https://t.co/9ERA1rjvea Josh Elman / @joshelman : This is probably the best post I have read on more mainstream NFT adoption and resistance. Casey teases apart well the differences between NFTs as souvenirs / connection (getting support with music and creators) vs games where there is a lot of resistance to this new monetization https://twitter.com/... Joshua Topolsky / @joshuatopolsky : This sort of gets to the point about what is wrong with most NFTs in general: just calling something “rare” and “valuable” doesn't make it so. The promise was to make digital “objects” have the qualities of real-world collectables. The system is drowning in meaningless baubles. https://twitter.com/...