Pantheon: Rise of the Fallen begins selling NFT-minted artwork to fund development

    
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You either believe that NFT-minted artwork is the wave of the future, a brick in an impossibly tall pyramid scheme, or techbros turning the idea of card collecting into an environmental hazard. Or perhaps you’re curious, in which case this Reddit thread does a pretty good job of explaining the scheme. However you feel about it, know that the money people of Pantheon: Rise of the Fallen appear to be dipping their toes into that pool.

Visionary Realms has decided to open up a storefront with artwork NFTs, starting off with three unique pieces of digital art for sale. The Twitter announcement promises that this NFT store will not feature any in-game items and all money raised will directly fund the MMORPG’s development.

Reaction to this announcement in the tweet’s replies appears to be mostly negative, with many replies stating that the NFT storefront is not a good look particularly since there are a number of concerns about how NFTs and crypto art are affecting the environment. But one way or the other, the storefront is open.

source: Twitter
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Reu Scherf

NFTs are really really dumb(right click and save the jpeg to skip the whole process), but leave the climate blame out. They aren’t any more responsible then anything else pulling power from dirty energy grids that were built way before they existed. If we want the energy police to exist, they will surely come for gaming and gaming sites.

Yes this is a sign of desperation for Pantheon.

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Jack Pipsam

Gross.

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realstevesamson

This is another tone deaf move by a tone deaf company.

I’ve been following Pantheon for years and I’m exactly their target demographic. Unfortunately, VR have eroded all the faith and goodwill they had with their community.

In the unlikely event this game releases, it will be dead on arrival.

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scarapath

If people are dumb enough to buy this stuff, why wouldn’t someone get into it to cash out on it?

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Vanquesse V

Another good example of why everyone should stay far away from NFT
https://www.vice.com/en/article/pkdj79/peoples-expensive-nfts-keep-vanishing-this-is-why

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Bruno Brito

The best part is the article going “You can’t blame him”.

Lol, yeah i can. This isn’t the case of someone being desperate and making ends meet through dubious methods, this is a dudebro who got fucked because he bought into a “get rich quick” scheme not caring about the thousands of warnings to not buy into this shitshow.

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Vanquesse V

I saw someone sum the NFT market up in a tweet recently:
NFT is a scam; if you’re not actively scamming others then it is you getting scammed.
If it wasn’t for the fact that it’s ruining my favorite planet and my favorite hobby this would be excellent entertainment.

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Ian Sterling

If it’s a successful revenue stream that doesn’t effect the game why wouldn’t they utilize it? People are still going to mine coins regardless.

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McGuffn

Digital farts for sale! First come first served!

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Josiah-Lightwood

This game is literally the only reason I keep my PC. I might just give up and sell it while it’s worth something.

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Greaterdivinity

Man WoW ruined me, every time I read NFT I read “Nuclear Forum Terror”, the delightful guild of trolls that I used to play with for a few years. One of them used to read scat plays on Ventrilo sometimes. It was a different era, I was a different edgelord, it was good fun SPREADING THE GOOD NEWS THAT DUNEMAUL OPENED THE AQ40 GATES WORLD FIRST!

Ehem…back on topic…Really? NFT’s? Blockchain? And here is where I take a hard NOPE outta Pantheon if they keep going this route, blockchain was fuckin snake-oil sold to the world what, 4-5 years ago that was REVOLUTIONARY AND WOULD CHANGE LITERALLY EVERYTHING WE KNOW AS WE KNOW IT AND IS TOTALLY SECURE AND THE BEST THING EVER AND NO DOWNSIDES AND TONS OF BLOCKCHAIN PRODUCTS ARE COMING TO oh and I guess it largely died outside of the hobbiest mining community.

Definitely not here for this, I have expansive issues with cryptocurrencies and especially companies using them given the volatility of pricing and the financial risks that puts them under.

And as mentioned in the article, given the increasing amount of reporting on just how much electricity crypto mining hogs, and how much of that comes from dirtier sources of energy like coal, I’m absolutely not here for this. No, consumers mining currency aren’t driving climate change, that’s still the big corporations that are overwhelmingly responsible and the bullshit of them trying to turn their problem around and blame regular people for it and ask US to “solve” their problem. But this doesn’t help either, and I still don’t understand why folks are so enthralled with this.

Like, haven’t things like the mtgok (whatever it was) drama where millions (tens of millions?) worth of bitcoin just…disappeared, and some other cat has tens of millions locked on a hard drive with one final password attempt left before accessing it? I mean, it’s literally not even a practical currency. Even in places that accept it it’s a terrible idea to use given the extremely low limit on the number of transactions per-second globally and how long it takes them to go through compared to any standard debit/credit card or a cash/check.

Ugh, I thought with the investor backing they got they wouldn’t need to pursue…less savory methods of funding : (

Edit: If this just sticks around to sell a bunch of artwork and raise funds for now, whatever. Not sure how they’re even planning on transferring the Eth -> USD as I don’t think they’ll be paying employees in Eth (they’d better not…), but if it sticks to this than whatever. It’d just better not continue to be a part of things moving forward.

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Vanquesse V

Good info dump. To make matters worse, your “ownership token” is nothing more than an url that points at some data hosted by someone. If that someone for whatever reason takes the server down (or just the thing your token points to) then you have nothing. Well you have a one-of-a-kind broken link, but that’s about it.

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Bruno Brito

Aaaaaaand this is where i jump ship.

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scarapath

bye! see you at launch

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Bruno Brito

Bye! I’m sure it’ll both Pantheon and Star Citizen will have great launches!