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Can someone briefly explain what NFT is and why is it related a lot to DBD?

Jarol
Jarol Member Posts: 1,985
edited October 2021 in General Discussions

Really, what's going on? I saw something related to this weeks ago about the Hellraiser chapter for the reason that they removed the line voices from Pinhead, all for NFT, what exactly is it?

Comments

  • GentlemanFridge
    GentlemanFridge Member Posts: 5,707

    This is the best source I could quickly find. It's a twitter thread, so you should open the tweet in another tab/twitter itself.

  • Chilli_man2400
    Chilli_man2400 Member Posts: 2,913

    Basically to make it short there was a rumor that BHVR was working with a shady company to sell the Pinhead DLC with a NFT currency. It’s basically a digital currency where you pay for it and you own the right. The problem is the processing power to download this digital code is very powerful and harmful to the environment. And BHVR pretty much confirmed they are working with NFT. Everyone is angry. Even McLean and the mods are angry

  • Jarol
    Jarol Member Posts: 1,985

    The worst thing is that now that I find out, Steam seems to ban all content with NFT, but what the #########, what did BHVR get into?

  • Chilli_man2400
    Chilli_man2400 Member Posts: 2,913

    Pinheads license is a huge scam. They should have waited for Clive Barker to get the rights back before making this update

  • SlothGirly
    SlothGirly Member Posts: 1,146

    an NFT is a digital cert that says you own a particular piece of digital media. Most commonly a piece of artwork. They are tradable via cryptocurrencies and the certificate is kept valid on huge computer servers.

    Why is this a bad thing? The servers that produce cryptocurrencies and uphold NFTs are extremely power hungry. so for example the blockchain Ethereum which uses the cryptocurrency Ether, runs on servers and computers that consume more energy than the entire country of Denmark, per year. It's this excessive usage if power which directly contributes to global warming that causes them to be so distasteful. A single transaction made with Ether consumes enough power to power an average US household for two and a half days.

    So, by supporting and promoting NFTs, BHVR is in essence promoting excessive power usage and global warming. Which is why there is such outrage right now,

  • Jarol
    Jarol Member Posts: 1,985

    I think it makes sense, maybe this is a means of scam and probably Bhvr paid dearly, I was suspecting that despite confirming in December of last year that Clive Barker recovered the rights to Hellraiser, it is hardly a long time and it seems that the they #########, but what is really at stake? as I am from steam I fear for my safety and my account if something were to happen.

  • Chilli_man2400
    Chilli_man2400 Member Posts: 2,913

    You won’t lose your account but DBD will be removed from Steam cause of the NFT. There only choice is to let DBD die or Remove Pinhead from the game

  • Jarol
    Jarol Member Posts: 1,985

    I understand, thanks for your understanding, god, there must be a solution to this.

  • MarcoPoloYolo
    MarcoPoloYolo Member Posts: 508

    If I understand correctly, a cryptocurrency showing your ownership of a product is mined. The problem with this is that mining involves a race to solve a problem, the victor gaining a token. So from a financial standpoint, it's basically the most predatory lootbox available. The company making it is shady enough that a lot of content creators were legitimately convinced that this was a hoax and BHVR couldn't possibly be working with them, but they are. Also there's the political aspect of energy cost and environmental impact that has a lot of people upset from that angle.

  • KingFrost
    KingFrost Member Posts: 3,014

    I really doubt Steam removes DBD over this. Bear in mind this isn't what i think SHOULD happen, but rather what I think WILL happen. I just don't think Steam will remove it. If forced to respond, they'll say that BHVR isn't selling the NFT's directly on the platform.

  • Madjura
    Madjura Member Posts: 2,462

    Another problem is that scams using / based on NFTs are common.

    Quick example: I could sell an NFT of my post here. Then whoever bought this could claim that they own my post, because they own the NFT. However I don't actually own this forum post, so I can't sell you the right to claim that you own the forum post. Or even worse, I could sell an NFT of someone else's post, or even art! Of course I don't own this other post, or someone else's art, but I could still sell you an NFT of them.

    Adding NFTs to video games kind of normalizes their existence in the eyes of the public, which is going to make it much easier for scams to happen. If someone walked up to you and wanted to sell you an NFT of some art but you never even heard of NFT then you most likely would ignore them. But what if you know about NFTs because they are in video games or connected to video games, such as Dead By Daylight? A big game like Dead By Daylight is doing an NFT collaboration, surely it can't be that bad! Suddenly it might seem like the seller is legit and you give them money for an NFT of stolen art.

    NFTs are still new though, and not everyone knows about them, which is why it's important to fight back against them now.

  • HectorBrando
    HectorBrando Member Posts: 3,167
    edited October 2021

    Steam is a colossus on the online gaming market, I believe they can twist BHVR arm and not the other way around, what Steam makes from DBD is peanuts compared to the problem NFTs could potentially be since China is banning cryptocurrency, wouldnt be surprised the UE starting to look onto crypto stuff soon too.

    Imagine China decides to ban NFTs too and companies using them, then they decide to give Steam trouble because several of the games sold on it have em, I think Valve is being smart by playing the whole affair on the supersafe side.

  • Kira4Evr
    Kira4Evr Member Posts: 2,025

    I literally just woke up to read posts on this Forum, because that's what I do every morning. And I see all these complaints about some "NFT" thing or whatever. I wanted to understand what the big deal what, but I just couldn't understand what everyone was so angry about. So I decided to read on Twitter, but it was the same there. The only thing I think I understand is that NFT is someone BHVR are working with, and it has something to do with Pinhead.

    But I don't understand why people are upset. Can someone please clear things up så my little squirrel brain understand the situation? Please xd

  • Nikkiwhat
    Nikkiwhat Member Posts: 1,378

    You're part of the problem that enables the NFT bs going around, downplaying how a Pyramid Scheme that is actively harming the environment for digital receipt is us overreacting. But of course you don't care. Wouldn't be surprised if you're into Crypto.....

  • R2k
    R2k Member Posts: 1,069

    I'm a multibillionaire evil genius that eats unicorns on breakfast.

    I don't downplay anything. Dbd forum has it's own reputation and for me it's like a big kindergarden compared to other forums. I have never ever saw platform where people complain about everything in way they do here.

  • Billy_Capră
    Billy_Capră Member Posts: 38

    Way to be entirely wrong, and you are overreacting.

    An NFT, or non-fungible token, is a token on a blockchain that can have a file attached to it. This file gains a unique hash that makes it one-of-a-kind and provides a very thorough integrity check, due to the ledgers kept on every node of the blockchain keeping records of any and all possible changes made to that file. Right now they are mainly used for media, but in time we will see them used for documents that need to be protected (medical records, legal documents, government documents, etc).

    So, NFTs are neither a pyramid scheme nor harmful to the environment, as they are, quite simply, really big, unique numbers stored in tokens that files are attached to.

    Now, some blockchains can be very energy-dependent, due to the way that tokens are mined on them. That is something that blockchain developers take very seriously, and there are currently many different possible solutions to this issue being worked on. These solutions will be implemented, it's just a matter of it taking time due to logistic problems that revolve around decentralized networks. Regardless, solutions to energy consumption are being found. Maybe instead of complaining about it, supporting the development of new solutions would be more productive.

    Pyramid schemes are created by people. So, if you see a company doing shady things with NFTs, call them out for being scam artists. But there are plenty of companies that you interact with daily that utilize NFTs and aren't pyramid schemes (e.g. Coca-Cola, Disney/Marvel, Warner Bros, Taco Bell/Pizza Hut/KFC, Nike, Funko). Blame the scam artists, not the technology.

    You are attacking BHVR for not actively creating NFTs, but helping create assets that a license holder is using for NFTs, while day-to-day, you more than likely interact with or use products/media by other companies that directly generate NFTs. All the while not even understanding what an NFT is on a fundamental level, or how blockchain developers are actively seeking and finding solutions to the issues that upset you.

    How is that not overreacting?

  • JohnWeak
    JohnWeak Member Posts: 854

    BHVR that has said nothing when the Pinhead's NFT model leaked on this forum. They even let some ppl here saying it was fake. 😂

    And at the end this is real. BHVR has been lying to us so many times. I hope the community won't let this slide without any repercussion.

  • PalletsAndHooks
    PalletsAndHooks Member Posts: 989

    To be fair, BHVR has been gearing up for this for some time. This is indicative by the bans in the last few months prior to the NFT announcement. It's a big cover up. I suspect that Mc Lean likely knew about awhile ago.

  • laKUKA
    laKUKA Member Posts: 406

    "First world problems"