Stolen work? In NFT stores? Shocking. PATREON: www.patreon.com/yongyea TWITTER: twitter.com/yongyea TOP PATRONS [CIPHER] - Joseph Lavoie [BIG BOSS] - Devon B - Jonathan Ball [BOSS] - Charlie Galvin - Gerardo Andrade - Michael Redmond - Peter Vrba - Time Dragonlord [LEGENDARY] - BattleBladeWar - D Kurtti - Theron Webb

@bookle5829

2 жыл бұрын

Damn. I'm actually first.

@CylixTheGamer

2 жыл бұрын

.

@yorha42s

2 жыл бұрын

.

@Midwaytie2738

2 жыл бұрын

.

@IamMiaga

2 жыл бұрын

.

"Without Permission" seems to be the NFT motto.

@akiranatsume3501

2 жыл бұрын

"Attractive people bad" seems to be the anti-NFT motto.

@jasonthehunters2919

2 жыл бұрын

@@akiranatsume3501 I am against NFTs in games

@flipskaterdave

2 жыл бұрын

@@jasonthehunters2919 we all are

@tjenadonn6158

2 жыл бұрын

@@akiranatsume3501 Your NFT girlfriend isn't real bro. Also I screenshoted her.

@Blackstonelegion

2 жыл бұрын

I bet the Reason why NFT's are made without permission is because no one in there right mind would authorize the minting of the NFT's even if they asked Also if you are a NFT bro then tell me what the hell do you see in the NFT market because only thing I see are Ugly Jpgs that are absurdly overpriced and Artificially Scarce(and also most likely plagiarized)

A shark lawyer could have a field day with this. This is a new copyright violation every single day, FOREVER, that they can't fix. They could argue that they can make a new civil suit, every single day, to get paid, every single day.

@cheesebucket142

2 жыл бұрын

And probably get a court order to have the NFT creator to take it down. Can't? Too bad, you have no choice, do it. Well, that'd be contempt of court right?

@ICountFrom0

2 жыл бұрын

contempt wouldn't get you any money. Ongoing violations can be added to cases on a day to day basis, for additional infractions, to get more money.

@samgoff5289

2 жыл бұрын

It's funny you actually think you would get any money out of GameStop they will be completely bankrupt before the end of the year

@ICountFrom0

2 жыл бұрын

Me? I didn't lose anything. I just think it's amusing for the potential legal nonsense somebody could get up to. Yes, we all know they'll just apeal until they fail.

@cbgg1585

2 жыл бұрын

THIS is why you utilize NFT’s in areas that are already highly governed. Why do you think massive real estate companies are already utilizing NFT’s to mint land titles or why Colombia is already using NFT’s for land certificates? You think these corporations and companies are dumb? Said it before and I’ll say it again, ape paintings and these kinds of copyright claims have no real precedence. At least when you mint a real estate NFT, there is a legal process that parties must go through to ensure it is properly authenticated. This is why NFT’s were created.

Copyright holders need to drag this into court. I am kind of hoping these interactive NFTs target Nintendo. We'll see exactly where copyright holders stand after the Nintendo Ninjas are through, because there is no way they will be happy with a "permanent" version staying available on the blockchain.

@_--_--_

2 жыл бұрын

Funny thing as you mention it, because they were literally selling Nintendo Roms as NFTs, as soon as big N gets wind of it it will be quite fun to observe the legal massacre.

@shroomer3867

2 жыл бұрын

For once I’m happy that Nintendo doesn’t fuck around with their IPs

@novasiri7809

2 жыл бұрын

Only a matter of time, especially considering some Nintendo ROMs are attached to some of these. Mario-capone just hasn't noticed.. yet.

@CaptainNamikaze

2 жыл бұрын

has already happened, no idea why the ninjas aren't after them yet, or maybe they're hiding in the dark, getting ready to attack.

@Dumb_Killjoy

2 жыл бұрын

It already has. Nintendo is going to commit straight up homicide in the court room.

The fact these snakes try to offer 'restitution' to the people whose art they steal is beyond disgusting. It's the equivalent of a pickpocket taking $100 from your wallet and after getting caught they offer to give back 80% of what they took from you as compensation. Fucking assholes.

@tjenadonn6158

2 жыл бұрын

It's entirely a "Please don't sue us" maneuver. I imagine with the lawyers smelling blood in the water none will take it.

@dodgsonwevegotdodgsonhere9970

2 жыл бұрын

" It's the equivalent of a pickpocket taking $100 from your wallet and after getting caught they offer to give back 80% of what they took from you as compensation" Yeah, this is how Gamestop has operated for the past decade. If there really was a god, this shithouse company would've died a long time ago.

@InFiniTosEntertainment

2 жыл бұрын

Even worse, it's like they took $100 and invested it and made a ton more money with it, and they're still only giving you $80.

@andrewdiaz3529

2 жыл бұрын

@@InFiniTosEntertainment more like used it to by a lockpicking kit to rob a safe, then tried giving you money with blue security dye on it

@lawrencelopez9839

2 жыл бұрын

They really went with the ask for forgiveness and not permission route

"the NFT has been suspended" - wasn't all that crypto shit supposed to be fully decentralized and not controllable by single persons or institutions? Guess that bullet point was also a lie..

@jingbot1071

2 жыл бұрын

It's almost like it's not actually anything tangible, just an AI-generated link sold as an individual item en masse...

@JustChillinOnThe5thFloor

2 жыл бұрын

Bitcon is decentralized no one person or group of people can have major say(as of now) Now pretty much but not all other crypto token is centralized. Made by a person group that usually holds a majority share like a some Fortune, or VC Tech companies. Didn't check but if Gamestop is using a new token called GST then they in theory have full control of what's going on. Kinda like the in store gamestop points.

@TwitchyTopHat1

2 жыл бұрын

@@JustChillinOnThe5thFloor unless you're rich of course

@Never_heart

2 жыл бұрын

That's the marketing bit. What they really meant was it was decentralized from any government regulation so they don't get taxed on it. That also means that while established governments have a plethora of checks and balances to atleast keep the economy backing their currency functioning, crypto has 3 con artists just waiting to cash out, turn off their servers then run to another IP address and do it all over again

@timmyreobed5043

2 жыл бұрын

As a matter of fact, school textbook company Pearson is planning on using NFTs to prevent buyers of their online books from reselling them to other people. In other words, companies are planning on using NFTs for the exact opposite purpose that the Bitcult claims they're useful for.

Bottom line: NFTs have proven to be the easiest way for people to steal content and make thousands of dollars on it. There is no benefit to any other group of people.

@Person01234

2 жыл бұрын

honestly though they aren't stealing content and reselling it. What they're doing is taking something they don't own, saying "psst I'll sell you a link to this thing I don't own" and then some dipshit pays thousands of dollars for the link. Unless it's set out in the contract buying the NFT doesn't even come with any rights to the image in the first place, so what are they actually selling? This is the tricky thing with NFT's, people are selling nothing, and other people are buying it. Saying that they're selling copyrighted material is a bit wishy washy because they're actually selling nothing. Now I'm sure they're still guilty of copyright infringement for the fact that if nothing else they are using someone else's product as marketing material for their own, I'm just saying, this sort of shit really exposes how stupid you have to be to buy an NFT in the first place and how hollow they are when you think about it for more than 5 seconds. They're not even selling you a bridge, they're selling you the ability to stand in the place you're already standing and look at the bridge. Bottom line: NFTs have proven to be the easiest way for idiots to throw away money.

@HappyBeezerStudios

2 жыл бұрын

@@Person01234 Wile the people buying into the whole thing are indeed stupid, the ones running the operation seem to be really great at copyright infringement. And than they claim that it is a great way for artists to protect their work.

@xCobraCommanderx

2 жыл бұрын

So basically a Capitalists wet dream. *Steal *Money Yup. NFTs aren’t going away till we purge these Libertarian wack jobs that promote it.

@xCobraCommanderx

2 жыл бұрын

@@Person01234 it’s stealing, bro. They didn’t produce the product. They stole it and sold it. NFTs are Peak Capitalism. *Sell Jpegs. Capitalism is based around the idea where some Boss who does ZERO work can claim ownership of that Labor and sell it for profit. The artists are rightfully the sole holders of all profit their Labor produces. They made it.

@alex-qn5xp

2 жыл бұрын

@@xCobraCommanderx You missed the entire point in his comment, well done.

NFTs and selling people's hard work without their permission, name a more iconic duo.

@ahmataevo

2 жыл бұрын

Amber Heard and Ezra Miller.

@user-pn4py6vr4n

2 жыл бұрын

@augmentedreality That's kinda like the Swastika for Americans isn't it?

@notlNSIGHT

2 жыл бұрын

@augmentedreality did someone seriously sell that as an NFT?!

@notlNSIGHT

2 жыл бұрын

@augmentedreality Yeah.

@omegaman255

2 жыл бұрын

EA and "Surprise Mechanics?"

I still legitimately remember when Gamestop was a great place to buy video games. Cashiers were fellow gamers, midnight releases parties were fun events where you could win prizes, and you could play full games they had on their display consoles.

@Apollo-vh3tb

2 жыл бұрын

Those were good times.

@TheJadedJames

2 жыл бұрын

I remember working there in that era and leaving when the company culture changed

@MS-on9dy

2 жыл бұрын

Yeah, last time I went in I was talking to the employees about some new games and they basically had no idea about anything. Just kept asking me if I wanted to pre order that. Lol, nope. Hell I remember when it was still called Funcoland around where I live. They let you play any game before buying. Was a great place.

@TheJadedJames

2 жыл бұрын

@@MS-on9dy Gamestop eventually became a nightmare to work at just because of the ridiculous sales pressure. It's been over 10 years since I worked there. But I was completely burned out by the requirement that I hit quota of pre-orders and magazine subscriptions (demanding that I annoy literally every customer). I actively avoid shopping there now because while I'm happy to be recommended a video game or video game related thing which actually exists, I don't believe in pre-ordering and it is just annoying to deal with this EVERY time I come in the store. But I can go to TARGET and just ... look around, eventually buy the thing I want and leave unbothered

@MS-on9dy

2 жыл бұрын

@@TheJadedJames , I hear you man and its a real shame that happened. I remember hearing a lot former employees coming out and saying that over the last few years. Definitely don't blame the workers just trying to keep their jobs.

They even have some roms of Nintendo games up for sale as NFTs. I believe I've also seen one that's just an audio file of Around the World by Daft Punk.

@suroguner

2 жыл бұрын

Dude, Inform Nintendo.

@jacobmartens3810

2 жыл бұрын

Mama Mia that's gonna get them goomba stomped by the lawyers.

@paperluigi6132

2 жыл бұрын

It’s bad enough that they’re distributing Nintendo roms, but selling them? As soon as the big N catches them, they’re done.

@incineroar9933

2 жыл бұрын

@@suroguner I did and I believe other people have. I believe the one I saw was a Mario game for the 3ds

@incineroar9933

2 жыл бұрын

@@paperluigi6132 You don't even need to pay for them. You can just follow the nft url and it will prompt a download of the room.

I hope they get sued

@KL53986

2 жыл бұрын

So they could make a business out of counter suing people because it seems money is more powerful than truth usually unless you put irrefutable evidence

@darkerdaemon7794

2 жыл бұрын

@@KL53986 Technically nothing is irrefutable but in the justice system, what is and isn't considered as evidence is basically censored, so... When you get to pick and choose what people can use to defend themselves, it's pretty obvious the system is skewed in its favor.

@anthonybf2

2 жыл бұрын

I hope they go bankrupt and get consumed by Amazon.

@tjenadonn6158

2 жыл бұрын

@@anthonybf2 Maybe they could be Microsoft's next acquisition en route to becoming the Disney of gaming.

@Laff700

2 жыл бұрын

@@tjenadonn6158 Microsoft is to good with their money to waste it like that.

You know what's interesting about this, a lawyer could probably bring Gamestop to court for this. While the initial posting was Gamestop unknowingly selling hot goods, the fact the creator informed them and they waited until wider outcry to shutdown the theif's account, could be argued in court that while they did not buy hot goods, they knowingly sold hot good. Depending on where the court case would go through would effect if enough president is set to hold that angle

@lareolanKFP

2 жыл бұрын

At the very least they qualify for the "profiting from the commission of a crime" statute in most legal systems.

The arguments for NFTs are always the same thing: vague fluff, speculative nonsense, and clear lack of understanding how things work. Gamestop really knows how to pick their hills to die on...

@tjenadonn6158

2 жыл бұрын

Those are the arguments they make to marks. The arguments NFT bros make to their actual clients are simple: "What if ripping people off and art theft were just as simple, safe, and secure as buying a pack of chewing gum?"

@crystalwings4520

2 жыл бұрын

And these cryptobros still questioning why they're still being a laughing stock for everyone.

@vallejomach6721

2 жыл бұрын

'vague fluff, speculative nonsense, and clear lack of understanding how things work' - I'm now wondering if NFT supporters are also Flerfs as that description seems to pretty accurately apply to those conspiracy nuts also.

@crystalwings4520

2 жыл бұрын

@@vallejomach6721 You can already tell who's the one being an idiot; The one who keeps doing the pyramid scheme just to get a quick buck. I don't care if they needed the money for something important or urgent, it will never be a good solution if it only lead you to scam people.

@mcknghtn

2 жыл бұрын

It may not be a scam. GameStop and their investors (Who DRS their shares) are fighting the entire financial sector that drove the economy into the dirt in 2008. Source: The Big Short (2015) & Inside Job (2010) Using NFT technology can cut out the leeches that have plagued our economy for 100s of years We are waiting for GameStop to provide utility on the blockchain. The NFT marketplace is in BETA so I am taking it with a grain of salt.

They've given themselves a worse death than Blockbuster ever did. I expect it to get worse as time goes on.

@omegawolf2589

2 жыл бұрын

Like the saying: There are worse fates then death.

@zubrhero5270

2 жыл бұрын

Blockbuster NFT when?

@ricardohoang8452

2 жыл бұрын

@@omegawolf2589 More bankruptcies

@tyv1383

2 жыл бұрын

@@ricardohoang8452 lol it’s not bankrupting? Check the balance sheet

@ricardohoang8452

2 жыл бұрын

@@tyv1383 Bankruptcy chain

I really hope that NFTs will be screwed by copyright laws. Imagine if everyone who holds a token violating copyright got a cease and desist. That would screw entire chains.

@cheesebucket142

2 жыл бұрын

They could go after the miners for hosting it. Force a fork or destroy the chain.

@notlNSIGHT

2 жыл бұрын

We need to get Nintendo on it ASAP. They don’t fuck around with their IP and this is the one time it could be used for good.

@dane4073

2 жыл бұрын

@@cheesebucket142 even better a cease and desist order on the block chain itself.

@PragmaticAntithesis

2 жыл бұрын

@@dane4073 Yesss, seeing the entire ethereum Blockchain die will be fun to watch!

@DisDatK9

Жыл бұрын

@@dane4073 I’m curious on the ramifications on that, cause as it was stated, data on the blockchain cannot be removed or deleted (that’s really the whole purpose of the blockchain’s existence.) So if something as broad as a Cease and Desist order and lawsuit came down on an entire network (like GameStop NFT’s) would it be the offending party that minted the stolen work who has liability? The host of the market? Every wallet in that transaction chain? (FYI this is why I really hate the NFT market specifically, the entire idea behind its’ existence invites copyright violations while really making it impossible to enforce.)

*Tittle includes "NFT" Me: "Ok, what did they steal this time?"

If ThePirateBay can be raided and taken to court over hosting torrent files, GameStop should also be subjected to the same treatment.

Hol up... If an NFT is a Non Fungible Token the fact that they can be interacted with makes them kinda fungible, making them paradoxical.

@cheesebucket142

2 жыл бұрын

Well, the token is, the stuff attached to it like the monkey jpeg isn't

@ghosthost2033

2 жыл бұрын

@@cheesebucket142 Hol up... Tecnically I can I can trade said token for a criptovalute that I can later exchange for money, making the token kinda fungible, making it paradoxical...again... (Irony)

@watsonwrote

2 жыл бұрын

I thought fungible meant they could be broken apart and interchangeable with another symbol, like how one dollar is the same as another dollar and can be represented as four quarters or 100 pennies. But an NFT of a dog isn't the same value as another dog NFT and can't be the equivalent of six cat NFTs

@theprodigalfailure7047

2 жыл бұрын

@@watsonwrote And that's the worst part, no one really knows the definition despite it being spelled out and the definition is actively worked against either way cuz of greedy assholes.

The public never should have saved them from going fully bankrupt and just flatly failing but i guess at least some people squeezed a bit of money out of these idiots before they inevitably failed again

@pokefanjd5033

2 жыл бұрын

Stocks have nothing to do with revenue

@blumoon131

2 жыл бұрын

Seriously. Gamestop was offered a second chances and they've proven they never deserved a second thought. Whoever got their money out of GS were the smartest people associated with the company.

@failegion7828

2 жыл бұрын

People who did it primarily did so to screw an even bigger fish.

@BorderlinePathetic

2 жыл бұрын

@@blumoon131 Hmm could it be that someone in the power got salty and forced a flop to get the hypothetical middle finger to the Gamestonks

@shadcroly

2 жыл бұрын

@@BorderlinePathetic That sounds just evil enough to be true.

The more I see these systems being abused - the more I'm convinced the inability to reverse transactions is a fault, not a feature, of NFTs and Cryptocurrency.

What I find among the most stupid, is that most NFT's are just like... "I guess I'd be willing to pay $2 for that to use as an avatar. - No, no! That one is worth $928754 - ... What?"

@lunchplus

2 жыл бұрын

And someone saves the jpeg for free to use as their avatar

@lunchplus

2 жыл бұрын

Hey i bought that NFT! Yes you did. But the token only refers to the receipt, not the rights

@novasiri7809

2 жыл бұрын

When instead you can slap 25 bucks or more in an actual artists palms and get a fully customized profile picture that is yours and yours alone.. Customized to how you like, tailored for you. Nah.. NFT/Cryptobros need to find SOME WAY to make bank on it... Disgusting.

@SkafosGnW

2 жыл бұрын

There is no way in hell I would pay 2$ for an avatar

@astracrits4633

2 жыл бұрын

@@SkafosGnW I'd be willing to spend *twenty* dollars on an avatar, but only if it were an actual piece of commissioned art and not an NFT.

That falling one is messed up I saw the buildings fall I saw the people jumping those memories are burned into my brain

@AnTunZee

2 жыл бұрын

Yes me too. I remember the plume of black smoke and wondering where my Dad was

@benjaminyoung9694

2 жыл бұрын

and now you can own the nft. Lucky dog, you

They're the Ubisoft of retailers, always lagging behind the trends and desperately trying to catch up, even though and especially when no one wants it. That's a new level of tone-deafness.

I am seriously surprised revenge porn or cp has not already become widely reported on this nft stuff. If you cant delete it then you can make thousands of people potentially complicit in a crime. Heck even a troll could just upload stuff as a NFT and now suddenly someone "owns" revenge porn or snuff. Then miners theoretically are now complicit.

@PragmaticAntithesis

2 жыл бұрын

That already happened on the Bitcoin Blockchain about 5 years ago. It's still debatable whether or not owning a bitcoin wallet is super illegal because of this.

@mcknghtn

2 жыл бұрын

NFT is just a means to track an asset. An NFT can still be illegal, in violation of copyright, or even company policy. Cut out the middleman of corrupt banks, brokers, and any other institution that drives the economy down like they did in 2008

Why is _anyone_ knowledgeable on the manner bothering with NFT’s anymore? Consumers know it’s a scam among scams, so why don’t business take their time and energy elsewhere to find ways to part us of our money, like maybe just making better hardware and software?

@userequaltoNull

2 жыл бұрын

They *aren't* knowledgeable, which is the sad part.

@paulrasmussen8953

2 жыл бұрын

If you had not noticed yet these companies are run by idiots

@tydshiin5783

2 жыл бұрын

@@userequaltoNull I think all it is is the boomers wanting to hop on the new trend, without the proper knowledge

@RandomGuy17768

2 жыл бұрын

@@tydshiin5783 Highly doubtful, every boomer I know could care less about anything that has to do with video games whereas millennials and gen X tend to care about there video games and the content of them.

@Jeshcaprints

2 жыл бұрын

It’s because that requires money to make good games and hardware. And nfts are “free” if you steal all the art and have the public make it for you

I wonder how much money they've lost just maintaining the marketplace itself.

@ahmataevo

2 жыл бұрын

Not enough.

@tjenadonn6158

2 жыл бұрын

@@ahmataevo And not as much as they're going to lose in legal fees and restitution.

It's unfortunate. Had they made more, they may have been able to pay their employees more than $8.50 hourly.

@chickmagnetwampaone

2 жыл бұрын

Get real peasant! That money was going to the share holders from the get go lol

@renewagain6956

2 жыл бұрын

Guess there aren't enough wrinkles on your brain to detect OP's sarcasm, huh?

@M50A1

2 жыл бұрын

@@chickmagnetwampaone You're just as sharp as most NFT owners

@nessarolla

2 жыл бұрын

I mean I get payed $10 but yes this sucks ass. I love my job but the company is just so embarrassing.

@KorbinX

2 жыл бұрын

@@nessarolla I loved working at EB Games.

I can’t believe NFTS are still being thrown around, what a fallacy and scam.

@Rexhunterj

2 жыл бұрын

Crypto is falling down from it's high so they desperately want a new easy money scheme. These things are doomed to fail when they aren't community driven by we the people.

@mcknghtn

2 жыл бұрын

It may not be a scam. GameStop and their investors (Who DRS their shares) are fighting the entire financial sector that drove the economy into the dirt in 2008. Source: The Big Short (2015) & Inside Job (2010) Using NFT technology can cut out the leeches that have plagued our economy for 100s of years We are waiting for GameStop to provide utility on the blockchain. The NFT marketplace is in BETA so I am taking it with a grain of salt.

@ChristophBrinkmann

2 жыл бұрын

@@mcknghtn Oh JFC you're just copying and pasting the same crap

@mcknghtn

2 жыл бұрын

@@ChristophBrinkmann Because it’s important. Look into how the system is being run and then come back and tell me it’s crap. I really don’t want the world to go into a economic crisis again like we did in 2008. I don’t want you or anybody else to struggle to make ends. In 2008 banks lent out shirt adjustable rate mortgages that they knew the clients might not be able to pay when interest rates rose. But why did they do this? CDOs. They could package these shitty loans together and get them rated from a ratings agency (like Moody’s) who would then rate them AAA (The highest rating) so investors would feel safe investing into a CDO. But eventually when people couldn’t pay these loans the banks were force to be held accountable right? NO. THEY GOT BAILED OUT BY THE TAX PAYERS LIKE YOU AND ME.

@TowerArcanaCrow

Жыл бұрын

@@mcknghtn oh I'm sorry it's just EARLY so I should definitely pour my life savings into this totally not a scam system right

the one time when Nintendo's chokehold on their copyrights could be a good thing. may they sue these grifters into oblivion.

Again with stolen content and scams. I can't believe people actually defended NFTs and talked about their pros, because so far it's literally been nothing _but_ stolen content and scams. It's ridiculous!

@King0nyx

2 жыл бұрын

Well that's because there literally isn't any kind of "pros" to NFTs unless you're a scammer 🤷‍♂️ All the fluff talk is to get people into a "market" they know nothing about in hopes of getting rich. Which in turn makes it easier for scammers to get more money out of them.

@MarkDeSade100

2 жыл бұрын

There are still people who defend Diablo Immortal, never underestimate human stupidity.

@JackFoxtrotEDM

2 жыл бұрын

@@MarkDeSade100 There were so many people who defended PD’s terrible practices with GT7. I don’t know if it’s still bad now but I know some people still act like it was never an issue to begin with.

@alinbuta6437

2 жыл бұрын

That's what media wants you to see, but there are a lot of good things about NFTs and crypto in general...just try them, give them a shot, and you will see how it works and you won't be so ignorant anymore...and by the way, why there are always this kind of news only on Bear market...?

@King0nyx

2 жыл бұрын

@@alinbuta6437 lmao ok Btw enjoying that crypto market crash?

Time to lawsuit, since the games weren't NFTs prior to being minted. Further, the system's quite handily attached an ever-updating damages cost to the entire incident, too. How convenient.

@ravenger5672

2 жыл бұрын

Very convenient, and since they'll keep getting away with it until lawsuits or regulations force them to stop it'd be best to get those lawsuits going now. Before the rich get a slap on the hand from the government and pull all of their money out.

@tjenadonn6158

2 жыл бұрын

@CocoaXtv_ Let's be honest, at this point GameStop likely isn't even a multi-thousand dollar company.

@tragedyplustime8271

2 жыл бұрын

@CocoaXtv_ Nintendo has. And Gamestop has been minting their ROMs.

@HappyBeezerStudios

2 жыл бұрын

That is the point where those stolen content NFTs should come with a fee that goes to the original creator. And not the creator of the NFT, but the person who created the stuff that has been NFT-ified. Let's call it a tax, that should wake up the NFTbros

One thing that we have learned repeatedly from pirating of games, is that convenience is king. If you can't offer the most convenient way to play a given game, people aren't going to choose your version. Adding in a layer of crypto and NFT to a game already available elsewhere is not going to attract much of a userbase unless there is some other major draw, and everything I can think of that would count as a major draw doesn't need crypto.

@HappyBeezerStudios

2 жыл бұрын

That is basically why Steam is a thing. A super simple and convenient way to buy a game. Started in a time when physical copies still were a thing, and gave the convenience that you didn't have to walk around town to buy it. And now they are basically the biggest marketplace for games from all kinds of developers and publishers. In some way they made it as convenient as piracy, but without the risk of malware.

in all honestly they're lucky its been stolen games and general pics that the public already know of. How long before bad actors go further and start putting lewd or downright horiffying pictures up onto their website that can't be erased? Not having some sort of buffer zone or way of destroying terrible nfts is going to cause them LOTS of money down the road. Its not an IF, its WHEN

@cheesebucket142

2 жыл бұрын

Yup, you can send someone an NFT that has their personal info to doxx them, and if they try to burn it, the "smart" contract will drain their wallet. Even if they sent it to a burner wallet it's still listed in their history.

@notlNSIGHT

2 жыл бұрын

Someone needs to nuke the servers.

@Draggobuttboi

2 жыл бұрын

It's the same with KZread ads, they're all unlisted KZread videos so it's only a matter of time before someone decides to upload something nsfw that skates around whatever bot they check them with and forces those without ad block to watch it. Heck this might have already happened considering the weird and borderline offensive ads I've come across over the years.

@YinYangAngel55

2 жыл бұрын

@@Draggobuttboi I've gotten an ad about mail order brides from Europe(Slavic)....on a game journalist channel a few months ago(late Dec). That line was crossed a LONG time ago Found the screen shot. "Most Beautiful Slavic Ladies are looking for US men. Find your dream partner now" - by the channel Young, Beautiful, Slavic. Bleh. Edit: it was on a music video from Metalachi. It's still weird

you hit the nail on the head, MONETIZATION if an original work is sold with the copyrights as an nft, that work can be monetized there further

If this doesn't explain enough why game devs shouldn't make NFTs then idk what else to tell you

@goldenhate6649

2 жыл бұрын

the blockchain honestly should be banned outright

@cbgg1585

2 жыл бұрын

@@goldenhate6649 Blockchain should be’banned’? KZread has its share of scam/spam bots, does that make KZread a scam product? Should we ban KZread outright? You realise how outdated our current financial system is? The system we still send and receive money is based on 50 year old tech. Can take days to even weeks just to send money especially overseas and costs are astronomical. Blockchain, with on demand liquidity and instant settlement cryptos like XRP solves the issues we are facing. XRP also eliminates foreign exchange fees by eliminating the ‘middle man’.

@cbgg1585

2 жыл бұрын

@@goldenhate6649 Just to be clear, credit cards and PayPal are not efficient and they are not instant. They are still pre approved. The people at Ripple, who issues XRP to facilitate on demand liquidity and cross border payments has the most powerful people within the corporation to usher in power the new era of digital payments. They include: Diana Adachi (Morgan Stanley) Yoshitaka Kirao (SBI) Kahina Van Dyke (Standard Charted) Sandie Oconnor (Jp Morgan) Anja Manuel (US STATE Department) Craig Phillips (US TREASURY) Rosie Rios (Signature is on f*ckin US money)

@cbgg1585

2 жыл бұрын

@@goldenhate6649 Yeah… with such people involved in blockchain technology which SOLVES REAL LIFE PROBLEMS, the technology is a scam, right? You will be utilizing such technologies in one way or another down the line. So, you will boycott your own bank just because they use blockchain technology? You poor soul, clueless as the rest. 🐑😆

@notlNSIGHT

2 жыл бұрын

@@cbgg1585 All of the organizations you listed are Fucking crooked and corrupt. PayPal and credit cards are just fine. Societies are built on trust, crypto is the exact opposite. Also I thought crypto was supposed to be decentralized.

Ah, so THIS is the "future" and "innovation" they keep telling us about. I can confirm that to date, no game has tried to cash in on 9/11. So, CLEARLY this is one of the hyped features all the CEO's and cryptobros keep talking about! NFT's allows you to monetize 9/11! Truly revolutionary for gaming! /S

If those devs wanted to profit from their game it would not be available under a free license. Giving them a share of the profits, even 100% does not fix anything. You took something they wanted to be free and sold it without permission.

I'm GenX and when I saw the Falling Man NFT with no warning, as just another investment being spruiked on my screen, I felt nauseated: jerked straight back to that day, watching on TV. This was so wrong, and it's zero surprise to learn someone who will sell tragedy with a merry quip wouldn't even design their own astronaut skin to do so. (edited to fix error in fact)

@simulacrumgames

2 жыл бұрын

Not sure if I missed something, but was there anything that showed the astronaut was stolen? Agree that the whole thing was absolutely tasteless though.

@squidwords

2 жыл бұрын

@@simulacrumgames you are right, sorry, early-morning-brain. FIxed. Thank you for your comment.

@simulacrumgames

2 жыл бұрын

@@squidwords No problem, didn't mean to make you apologize. Just seeing people saying the astronaut was stolen, but wasn't sure why, thought I missed something.

At this point it's safe to assume that most NFTs are stolen in some way.

@antondovydaitis2261

2 жыл бұрын

Or haven't been stolen yet.

We need to gatekeep gaming to keep this trash away from games

Regardless of the lack of regulation on NFTs couldn't gamestop be held accountable legally for having unlicensed files in their servers? Isn't that what the music and movie industries argue regarding torrent files? I think it's worth a lawsuit ... one major case like that would halt everyone trying stupid schemes like this

As someone who had 5 family members die on 9/11, the idea that someone would make an NFT related to that is just... I have no words, honestly.

@tyv1383

2 жыл бұрын

I’m really not surprised, some really dumb people in the world

@carebearkj4320

2 жыл бұрын

Pretty sad and pathetic. Unfortunately, you might have to get used to it. 9/11 is more by the day becoming like the Titanic. More memes and jokes about 9/11 will be more excepted and then a shitty romance disaster film will be made about it.

@CrampleSmarf

2 жыл бұрын

@@carebearkj4320 Damn I didn’t think about that but holy shit you’re right. I wouldn’t be surprised if some dog water movie will come out about a couple during 9/11. Good but sad call.

Okay, here is what we need to do: - create NFTs with the personal information of all those plagiarists - seize all NFTs containing plagiarized material. That way we can hurt the people selling other people's work without permission and the people who buy into it at the same time.

I didn't realize it was that bad....I literally still supported Gamestop simply because they are one of the only places you can actually walk into a store that day and get a game you can't find elsewhere...and for a bit cheaper. But this is BS....F them.

@Hexium_Vexium

2 жыл бұрын

Agreed. As a former GameStop employee myself, it's been disheartening to see what they've devolved into. My last meaningful interaction with GameStop, as a customer, was picking up my pre-orders of Pokemon Sword and Shield. Not planning to pre-order Scarlet or Violet because Sword and Shield were so underwhelming to me, and BD/SP was just as disappointing. And now? If I *do* pick up Scarlet or Violet, it'll be elsewhere in my area. GameStop has lost my business entirely.

@ryanperrault8174

2 жыл бұрын

@@Hexium_Vexium Only reason I was going to go there any time soon would be to pre-order Trails from Zero. I used to love going to Gamestop but my trips there in the last 2-3 years have been very few. I don't want to buy merchandise and toys.....just games, and can't even barely do that there now. It's one of the only stores that keeps prices honest because instead of paying $60 for a digital copy of a 5 year old game, I could walk into Gamestop and get the same game for $10..... But I just can't stand NFTs and anything about them.

At this rate, i wouldn't be shocked if people made offensive NFTs to try and get it ironically popular enough for Companies to try and get into them but when they are caught go "Whoops!" Like, imagine Target or someshit being like "We got new Hitler NFTs minted, get your RARE Hitlers now before they are all gone!~"

@Zynet_Eseled

2 жыл бұрын

Someone might hijack a company to pull this, to have the government tear nft, blockchain and crypto apart.

@HappyBeezerStudios

2 жыл бұрын

Not just that, go a step further and throw out NFTs that are borderline (or even actually) illegal content.

This whole NFT “trend” has got to be one of the dumbest things I’ve ever seen.

I've said it before and I'll say it again. Gamestop is not a video game store, it is a corporation that happens to sell video games. I still remember an interview I had where we did a mock sale with the manager, who was playing a father of a 10 year old boy looking for a game for his son. The manager kept trying to get me to push the latest Call of Duty game on him, because it was a big seller at the time (almost a decade ago), but I refused and instead pushed Splattoon, as it was a kid-friendly alternative. They literally did not hire me because I refused to push an M rated game onto a fictional minor. They don't care about games or people or laws, they care only about sales.

Well, there was that issue with people stealing KZreadr's logos and channel info and selling it. When I originally contacted them on behalf of a friend whose channel got ripped I was told "To bad, so sad" from OpenSeas. That blew up and it got 'fixed' sort of, did we expect it was going to not happen again? You can't just allow anyone to sell anything without any proof they actually made it. NFTs allowed people to be put in a place where there were purchase receipts of them buying a likeness, so ... then the person who actually OWNED it had to contend against that. This will keep going on until we realize NFTs are a failure that never should have existed, and thus shut down fully and permanently.

It's sickening that Gamestop made even 45k off of what is essentially imaginary "ownership"

Geez what kind of mental thought process they have for them to think they can sell anything as NFTs

@neoqwerty

2 жыл бұрын

The same kind that goes "we'll buy this used game for 5 bucks discounts on our used games and sell it for 25 bucks to the next shmuck.

As an IT and Business professional I just cant take seriously anyone who invested in crypto, NFTs or Metaverse projects. Usually these people have 0 idea of what these are and how are these being used. 99% these people own Apple products and yet consider themselves as gamers 😅

I wonder how long it'll be before we see NFTs that plagarise other NFTs, thus destroying itself in the process.

@elhazthorn918

2 жыл бұрын

They already have that. There was a way to "copy" other NFTs for a fee. Can't remember the name, didn't care to remember it.

@TorIverWilhelmsen

Жыл бұрын

NFTs are just the tokens, minting the same JPEG twice just makes two tokens "pointing" to the same image possibly on different servers. However, you can "burn" tokens, does the code for that also remove the file from the remote storage?

Oh my god bro it just gets better and better!🤣🤣🤣🤣💀 I’m starting to love NFT’s because they give me so much enjoyment and laughs from their absolute failure 😂

@tjenadonn6158

2 жыл бұрын

You just know someone out there has a Bored Ape tattoo. Whenever you're feeling down, remember: you're not that person.

@KPX01

2 жыл бұрын

@@tjenadonn6158 would argue at least the tattoo would be his far longer than the nft

The one type of instance where Nintendo's overprotectiveness is justified: NFT takedowns

@MK_ULTRA420

2 жыл бұрын

Nintendo has Mario's Spirit, Luigi's Cold-bloodedness, Wario's Greed, and Waluigi.

There was an NFT Bro on twitter that demanding Sonic Triple Trouble 16 bit edition to be taken down because "Copyright Infringement" Yes... an NFT Bro trying to preach about Copyright Laws while probably doing scummy shit with NFTs

@tjhedgescout3052

2 жыл бұрын

Insert anti Scam-Scum-fucker-Bot-Comment-Here

@Kwatcher100

2 жыл бұрын

Zero self-awareness.

@tjhedgescout3052

2 жыл бұрын

@@Kwatcher100 I have to keep the bots from coming in with "congrats you have been selected for a new PC" which is likely account theft malware. I hate those fuckers so much -_-

I am curious what would happen if someone made a NFT and uploaded it to the blockchain of something that was illegal. If it cannot be removed, what would that mean for the blockchain itself?

@dane4073

2 жыл бұрын

Like child abuse material. That's a good point. Would the FBI say. Oh it can't be removed. No they force the block chain to remove it.

@kurtfrederiksen5538

2 жыл бұрын

@@dane4073 exactly, and as possession of the material is illegal then would it not force the blockchain to be abandoned? Though another thought, I have a feeling why Gamestop has not removed the material from their servers is because doing so would essentially open them up to lawsuit for false advertisement so they figure it is better to just to continue to let people who paid for it have access to it. If the above case happened, then what other liability would they open themselves up to? Lets say someone did do this and then created some sock accounts to buy the content. Would gamestop then have to have some sort of return policy? I am curious what their TOS for this are....

@ShoxHD

2 жыл бұрын

@@kurtfrederiksen5538 Gamestop runs the marketplace. They can't confiscate anything. They can only remove people from selling in their marketplace.

@kurtfrederiksen5538

2 жыл бұрын

@@ShoxHD right but they are also providing hosting for the content as well. If I recall Young said they did not remove the DMCAd content from their servers (which the NFTs point to) so that the people who bought it before being delisted still have access. He also pointed out how the content is mirrored a lot of different places so getting it removed is near impossible.

@PragmaticAntithesis

2 жыл бұрын

Nothing, as it's all encoded and the others on the Blockchain don't know of the illegal content.

they can't be surprised that people arnt buying them when people don't want them in the first place. Anyone who delves into NFTs live in their own little world.

The only reason for the US government to not have regulated this stuff already, is if they're also in on it.

@ktosdad

2 жыл бұрын

Or it could be that they are way behind the times and have no clue what's going on.

@flameknightdragon

2 жыл бұрын

@@ktosdad honestly could go ether way.

@jameshart2622

2 жыл бұрын

Not really. This may seem big to us, but it's small change to governments, which can tax far, far bigger industries, ones that demonstrably produce value.

@MK_ULTRA420

2 жыл бұрын

@@ktosdad This tbh. The US government is usually a decade behind on regulating consumer technology. We're still about another 5 years before the US government decides to shut down TikTok.

Thieving and lying seems to be the foundation of NFTs. From the beginning the whole NFT premise was suspect and has only become more so the more it is scrutinized, I recall when these NFTs had art stolen from old school games. The problem is that their are too many suckers who refuse or just can't learn anything.

I'm absolutely not defending it when I say this, but I can't find anything in the sources that state the astronaut model was "plagiarised". If it was bought, then it's allowed under the royalty free license purchased. If it was stolen, then that's another problem. To call it plagiarised is a bit odd.

GameStop: "You guys, watch us destroy our own business." GameStop: "Did you see that? Wanna see me do it again?!"

Who at GameStop came up with this idea? I would love to hear how they sold the idea to the decision makers lol

@antondovydaitis2261

2 жыл бұрын

What's funny is that if GameStop eventually becomes "successful," there's absolutely nothing preventing a bigger player to just duplicate and "improve."

I'm glad the company I work for has been getting grifted by NFT shillers, I'm also glad that our product team keeps getting replaced and the new hires keep making the SAME mistakes as the older employees so that all of our brick-and-mortar locations keep getting overstocked by knick-knacks that sit on our shelves for months without selling.

@tjenadonn6158

2 жыл бұрын

Hopefully you're keeping your options open.

@b3ntl33

2 жыл бұрын

@@tjenadonn6158 I'm pretty sure the only thing keeping our regular customers from going fully digital is the fact that I try to go beyond in the customer service I provide. My manager and I have regulars that followed us between store transfers.

The best case I have ever heard for NFTs is as a record of ownership for something expensive. Something along the lines of a plot of land, a vehicle, or expensive art. Things where ownership over a long period of time is important. But even that connection is tenuous.

It's stinks to see that a once-a-gamers-haven-to-buy-disc-games shop reduce to NFT Wasps' Net in a hornets' Hive.

these corporations just keep on digging their graves deeper & deeper.

Gamestop marketplace is in beta, they haven't realesed the full thing yet. They have millions of dollars in transactions everyday. In one week they surpassed Coinbase's NFT marketplace all time revenue

So not only is this a DMCA violation everytime a new Block is created. It's also a Violation of the Safe Harbour clause, so GameStop is on the hook

They should demand 100% of the money from every sale. Example: The guy who minted the NFT should be liable to pay royalties to the content owner, and reimburse at 100% to the owner for revenue lost for every sale of the stolen content. So the longer it stays on the market, the deeper into debt the minter gets screwed. Punishment that fits the crime. make it also not ever drop off there credit, and immunity to bankruptcy. I also believe it should also fall on GameStop do do the same. The person who got there stuff stolen should then be paid back double, and continue to be paid as long as it keeps getting sold or traded.

4:50 this point of usage for using purchased assets to be used in a final manufactured product (yes I know it's just a picture) to be sold can be debated depending on licensing agreements. It literally says on the webpage that you yourself clearly show that the license type is Royalty Free (as in after purchase, you can use it however you want as long as you purchased a use license). This would be treated as more like an "asset flip" rather than a "rip-off" depending on if the NFT maker did legally buy a use license for the model which is completely legit but of course generally you don't want to buy big center pieces like the actual character model for your projects. This is not theft unless he pirated the model without buying a use license. Was the NFT made in poor taste? absolutely, was it theft of the model? We would have to provide actual proof as using paid assets in a commercial product is completely legal as long as the use license allows it and a license was indeed purchased. This doesn't of course excuse the rest of the games on the platform that were clearly stolen to be sold on the platform. Upon further investigation, looks like Albin sells this model at 4:50 on other websites as well including cgtrader. Both websites allow for commercial use however Blender Market goes another step indicating that the model cannot be used in a logo, watermark, or trademarket with the exception of using it as a shader, material, or texture product (so you can potentially use it as a mask element for example in a title screen but the physical model cannot be used outright in the title).

This is unbelievable. GameStop needs to just die off, as much as it hurts to see this iconic childhood store go.

I remeber when this company used to have stores in my country, Spain. It took them 3 years to close all of their stores. I still have their membership card.

I am thinking about the idea of copyright violating content being put on the blockchain. I suspect this means that everyone who participates in the ethereum blockchain is violating said copyright. I would love to see someone file a lawsuit against this set of people and see them be put under a legal requirement to stop doing so.

@jsrodman

2 жыл бұрын

(of course, most NFTs dont actually put the content on the blockchain, just a url to it. But that's not universal!)

@HappyBeezerStudios

2 жыл бұрын

@@jsrodman At that point I'm waiting for people to simply share those links freely, making the whole NFT worthless, because it becomes one of infinitely many things that are identical, but you have to pay for this specific one.

@jsrodman

2 жыл бұрын

@@HappyBeezerStudios Yes yes, the whole thing is stupid of course. Even if the content is on the blockchain it's *still* infinitely duplicatable. And public. Here I'm just getting interested in the idea of it the machinery not only being harmful, stupid, and pointless, but also becoming illegal.

Remember all the companies that supported this crap, Square Enix still does.

NFT bros: NFTs will let creators monetize their art more effectively! Also NFT bros: Steals content to monetize as NFTs without the creators' knowledge or permission.

Good. Unlike most of the dinguses trading in stolen NFTs, GamStop actually has assets worth suing for - no doubt there will be lawyers willing to take this on contingency because a win will position them as the first choice for people suing over stolen art. And the first time a marketplace is successfully sued for hosting stolen work, it will guarantee that marketplaces stay on the fringes at least for a good long time.

I thought the whole point of nft's was that everything would be given a value. I'm not surprised something like Falling Man became one because it was inevitable.

Cryptobros and thievery, name a more iconic duo

Get into model trains. They cost less, they drive on your train layout or under your christmas tree, and you can show them off on your wall in cool ways. All the benefits of interactive NFTs with none of the downsides.

@Aereto

2 жыл бұрын

And proceed to be taken away from a transaction exploit. The train so long derailed that it kept going without the rails. And hopefully no NFT survivors on the day it does tip over.

It's ironic how youtube's algorithm always seems to give me commercials on buying nfts when I watch one of these videos.

I can convince you on the usefulness of NFT's since your asking they make us laugh at what a complete and utter failure they are and they give you content here on KZread. It's not much but hey its something lol it's a win win for everyone, well except for the ones with the NFT's they lose but in a way we win yet again to their loss.

@notlNSIGHT

2 жыл бұрын

That’s the only thing they’re good for. Entertainment. Making us sane people laugh

Wait, already? I didn't even think it had been that long since Gamestop had started on their little NFT venture. I know NFTs are always bound to fail one way or another, but I'm kind of impressed they managed to *ALREADY* fuck this up royally.

@antondovydaitis2261

2 жыл бұрын

What they did was make a platform for others to create NFTs and mint, sell, and buy on that platform, which offers a few technological advantages.

Stolen property being sold as NFTs? Why, I never.

Did I ever tell you the definition of insanity? It's doping the same thing over and over again while expecting different results. That's how this feels.

Ok making a NFT based on major tragedy is next level as if NFT'S werent bad enough this crossed all moral lines. Even original photo that it was based on is deleted in history due to how controversial it is.

@KL53986

2 жыл бұрын

I respect Yong's decision to not share it due to how disturbing it is. Gamestop is still liable for even letting it slide on their web instead of blocking it before it could be put into market.

As if me and my homies couldn't hate NFTs any more

It's like the Fnaf NFTs, Scott was going into the NFT business, got fan backlash and said nope to NFTs and now you have random people ripping off both official Fnaf designs and fan designs to mint and make money.

The funniest part of this whole gamestop fiasco is the whole cult that erupted around it after the short squeeze who are now worshipping the very ground the company walks on just to achieve their precious "MOASS."

Since 2012, CIG sold Star Citizen JPGs for hundreds and thousands of dollars and we all laughed at the suckers who purchased them. This is on a whole new level. 😳

Is it wrong to hope that gamestop falls and never recovers?

@ahmataevo

2 жыл бұрын

It would be wrong not to push that needle full of antifreeze into its veins.

@rexstocephirxiii4263

2 жыл бұрын

They dissolved their customer service contact with Attento because they are desperate to save money. They figured that it would not look bad since technically they ended a partnership, not directly firing hundreds of employees. GameStop is dead to me.

As a New Yorker who suffered from the 9/11 attacks, GameStop can run my fade for that disgusting NFT

So, people join as a joke with doge coin, save Gamestop from bankrupt, and they decide to do something even more dumb?... Not even a miracle could save these guys.

honestly i'm starting to think that maybe, just maybe, we should've let gamestop stock fall into the claws of the stock traders.

I spent a whole year trying to give NFTs the benefit of doubt, but now there's no way to fix them.

@RageUnchained

2 жыл бұрын

Never was

@EJ_Red

2 жыл бұрын

There never was, it was an easily exploitable thing

So basically GameStop opened up OpenSea 2. Got it. WHY IS NOBODY FUCKING SCREENING THE ARTWORK THAT IS ABOUT TO BE SOLD? AT THIS POINT DON'T EVEN PRETEND YOU CARE ABOUT ARTISTS!

Wait I thought one of the stupid things about NFTs was that if the source is removed you can’t access it anymore? But you can’t completely delete a source of an NFT?

@elhazthorn918

2 жыл бұрын

That was one of their marketing points, but things have been taken down, rugs have been pulled and NFTs have become worthless. As they should be.

This is going exactly the way we thought it would. This should be baffling, but it's so damn predictable. Who is keeping this company afloat?

@tjenadonn6158

2 жыл бұрын

It must be a money laundering front at this point.

@rexstocephirxiii4263

2 жыл бұрын

Your probably right. There was always some fool calling in trying to buy gift cards with different gift cards, when I worked for them.

There's no clearer sign of a failing & rudderless company than one getting into the NFT space

Just for the sake of balance, and I'm absolutely not defending the poor choice of NFT, but the falling man astronaut is a model sold for the express purpose of being used in your own works. Whether that's a video game, artwork or whatever, by buying the model you are paying for a license to use that model in the manner you need. This is actually fairly common with 3D assets, and there are entire marketplaces dedicated to offering them. Now, in cases where it's genuine theft it usually means that there was no license to reproduce or copy the offending artwork. There are still plenty of examples of that in the NFT marketplace. I speak both as an artist who uses licensed models in my own works, and as a creator who has made 3D assets for the same express purpose. Just wanted to clear the air before people jump on others for using 'stolen' assets in derivative works, even when those assets are being used with full licensing and permissions.

I don't understand why people just don't get it... There's absolutely nothing _"creative"_ when dealing with blockchain tech because that's not its intended technological target and has never been... *NEW-EFF-THEEs* technological objective is to provide a kind of _"sales slip/ticket"_ for the group of ones and zeroes inside a computer file of some type. You don't need blockchain to draw an image or design a pixel art character... Photoshop, Gimp, CorelDraw, Illustrator do those things... You don't need blockchain to produce an MP4, even the old Windows Movie Maker can. You don't need blockchain to design a 3D model, Blender, 3D Studio Max, Maya, etc. can. And finally... You don't need blockchain to sell licenses to digital assets properly, covered by consumer protection laws, controlled and moderated by payment companies with fully reversible transactions and very low possibilities for fraud and theft. What exactly are the advantages of blockchain? Nothing really tangible nor any advantage over current systems but instead massive risk, very easy to be taken advantage of or stolen from, zero regulation and irreversible transactions.