The $160 Million NFT Disaster...

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SomeOrdinaryGamers

SomeOrdinaryGamers

Күн бұрын

Пікірлер: 1 800
@SomeOrdinaryGamers
@SomeOrdinaryGamers 2 жыл бұрын
Use code "SOG" to save money at www.gfuel.com Check out the newest episode of the podcast: kzbin.info/www/bejne/jHSUfnh8rN2Bf6s
@MysticLGD
@MysticLGD 2 жыл бұрын
Nog
@nickyisslow9650
@nickyisslow9650 2 жыл бұрын
Mog
@asylumrain
@asylumrain 2 жыл бұрын
No
@FGFentertainment
@FGFentertainment 2 жыл бұрын
SOG
@El_Ratos
@El_Ratos 2 жыл бұрын
No u
@Pupsker
@Pupsker 2 жыл бұрын
You cannot convince me that NFT bro's aren't just depressed all the time.
@kiricappuchin
@kiricappuchin 2 жыл бұрын
They buy funny monkey to hide the pain
@rolandssavdons7993
@rolandssavdons7993 2 жыл бұрын
I would rather kiss shotgun barrel than become a nft bro. Oh, speak of the devil...
@Sonichero151
@Sonichero151 2 жыл бұрын
Hey I'm depressed all the time but I do healthier things like eat Fast food and shovel ice cream into my fat mouth instead of set the world on fire
@vanessajones5752
@vanessajones5752 2 жыл бұрын
@@Sonichero151 hey same! don’t put us on the same level as those nft bros ew
@treefingers6572
@treefingers6572 2 жыл бұрын
Dude my douchebag NFT bro fantasy football coworkers have been DOWN BAD ALL WEEK and it's HILARIOUS
@ZachPruckowski
@ZachPruckowski 2 жыл бұрын
On those land auctions, I'm noticing that several of them said "reserve price not met", implying that the $8-10K bids weren't enough to actually get the "land" NFTs.
@Cruiserkid
@Cruiserkid 2 жыл бұрын
Yep, the reserve price is probably like 20-30
@CalvZynist
@CalvZynist 2 жыл бұрын
Dislike this comment everyone he doesnt have any proof of this at all
@jarrarwinks8470
@jarrarwinks8470 2 жыл бұрын
NFTs are like Ubisoft games, nobody really gets to excited for them, or wants them, but someone out there keeps buying them all.
@denizylmaz8131
@denizylmaz8131 2 жыл бұрын
Wasnt Ubisoft adding NFT's to games at one point? What happened to that?
@Hinokassaudifan1
@Hinokassaudifan1 2 жыл бұрын
@@denizylmaz8131 rainbow NFT siege.
@ivanaraoz1
@ivanaraoz1 2 жыл бұрын
For honor
@jarrarwinks8470
@jarrarwinks8470 2 жыл бұрын
@@denizylmaz8131 Yeah.
@Analthrasher69
@Analthrasher69 2 жыл бұрын
Hey watchdogs 1 was good
@BlazeMakesGames
@BlazeMakesGames 2 жыл бұрын
Yeah the biggest problem with NFT games, other than the fact that they built on an architecture of scams, is that they don’t give a shit about the gameplay. It’s like buying trading cards for a game nobody plays or cares about, because maybe someone else might buy them from you for more! But when everyone realized nobody actually wants to play the game, the prices will plummet and everyone will jump ship.
@208pursuit
@208pursuit 2 жыл бұрын
Check out treasuredao
@tiruliru1189
@tiruliru1189 2 жыл бұрын
Yeah and they even damage the environment, by wasting the energy.
@tjoris9
@tjoris9 2 жыл бұрын
I'm pretty sure the people investing in this scheme don't understand games enough to realize how much of a 0 profit circle jerk this is going to be. They probably don't even care if the "game" will ever atrial release. It wouldn't surprise me if this all turns out to be a money laundering scheme. NFTs are the new evolution of the MLM pyramid scams.
@valletas
@valletas 2 жыл бұрын
Nft games are a trap because if the game is fun too many people will play it and it will devalue the market due to over abudance of resources
@laur-unstagenameactuallyca1587
@laur-unstagenameactuallyca1587 2 жыл бұрын
exactly
@zcubed_
@zcubed_ 2 жыл бұрын
nothing goes better together than “NFT” and “disaster”
@MMumbles
@MMumbles 2 жыл бұрын
Like chocolate and peanut butter
@JoseCastillo-fk4yy
@JoseCastillo-fk4yy 2 жыл бұрын
Fr
@Shay_Mendez
@Shay_Mendez 2 жыл бұрын
Like spaghetti & meatballs
@icuxo
@icuxo 2 жыл бұрын
@@MMumbles Like sprite and bananas
@_wanted_outlaw3007
@_wanted_outlaw3007 2 жыл бұрын
Like Mustang and Sally
@DawnOfTheOzz
@DawnOfTheOzz 2 жыл бұрын
I'd joke that buying Hot Wheels is more cost effective and tangible than buying NFTs but I read recently that even Hot Wheels is getting into NFTs. Actually, I think Mattel itself is pushing NFTs across most of their properties now. Why?
@theKashConnoisseur
@theKashConnoisseur 2 жыл бұрын
When the market creates a free money printer, it's natural for corporations to be very interested.
@SuperDeucen
@SuperDeucen 2 жыл бұрын
“It’s free real Estate!”
@RicardoMontania
@RicardoMontania 2 жыл бұрын
Money
@nhilist5774
@nhilist5774 2 жыл бұрын
The ROI on non tangible things is insane,you don't have to have factories,you don't pay for shipping,and it only costs like $1000 to have an NFT collection made. So when they combine that with they're brand name they'll make insane profit
@cmdr_ultraviol3nt
@cmdr_ultraviol3nt 2 жыл бұрын
Their HotWheels ID casts aren’t far off from NFTs, sans the decentralized blockchain. But even they are tangible.
@riverdelta7052
@riverdelta7052 2 жыл бұрын
It's hilarious how quickly the NFT bubble is bursting
@u235-guzzler
@u235-guzzler 2 жыл бұрын
There never was a bubble, just a bunch of failed economics students high on meth and cocaine trying to make themselves feel better about their education, speaking from experience with people whom I considered to be close friends.
@aaz1992
@aaz1992 2 жыл бұрын
Duh
@maryjanemj9187
@maryjanemj9187 2 жыл бұрын
They still made 160 million dollars
@carlost856
@carlost856 2 жыл бұрын
@@maryjanemj9187 I'm sure some Dutch tulip peddlers made a killing.
@GodsOfSc
@GodsOfSc 2 жыл бұрын
Athletes and artists as well as some billionaires were all behind it. Snoop Dogg owned bored ape so ofc all the athletes n celebs who grew up listening to his sht copped some for 50k 100k etc and made it boom. These 'hacks' i think are all fake af to hide the fact that they were scams.
@avecheems4436
@avecheems4436 2 жыл бұрын
These little land cubes actually look good i might even screenshot one or two and put it on my phone wallpaper
@Neo_Geisha
@Neo_Geisha 2 жыл бұрын
Ikr? Lmao
@legojay14
@legojay14 2 жыл бұрын
Glad someone else noticed that. If nfts worked like they were believed to stuff like that (but even more detailed since a tiny cube picture isn't getting 10000 dollars if it was a legit market) would be the main nft option. Not a fuckin copy paste monkey
@Carnyzzle
@Carnyzzle 2 жыл бұрын
I like how shit like this keeps happening in the NFT space then game companies like Square Enix keep doubling down on going full into blockchain tech
@appalachiabrauchfrau
@appalachiabrauchfrau 2 жыл бұрын
"What? Why not use a database instead? It doesn't sound as cutting edge, duh." t. every company insisting on blockchain.
@kmoney53
@kmoney53 2 жыл бұрын
As a developer in the blockchain space, I can tell you first hand the ratio is like 85% scam / 10% Legit. Legitimate companies like square enix and others are being sold a pipedream of what blockchain is by some group of advocates. These people take advantage of companies that don't understand blockchain and convince them they'll make millions and be pioneers.
@burghley3044
@burghley3044 2 жыл бұрын
where's the other 5%?
@kmoney53
@kmoney53 2 жыл бұрын
@@burghley3044 Texas
@jamesrule1338
@jamesrule1338 2 жыл бұрын
Still can't believe Sqeenix sold of all of their western IP and game companies, for a mere 300 million, to roll that money back into NFTs. I've seen drug addicts make better financial decisions.
@jamesrule1338
@jamesrule1338 2 жыл бұрын
"Star Citizen is a more complete game." Damn son! That one drew blood.
@K162-y1b
@K162-y1b 2 жыл бұрын
Star Citizen is actually shaping up pretty well now, the game runs great on Alpha 3.17 and there are a few complete gameplay loops.
@ToasterStronkle
@ToasterStronkle 2 жыл бұрын
K162 No.
@ragglefraggle5307
@ragglefraggle5307 2 жыл бұрын
@@K162-y1b Scam Citizen will never release.
@flamebreaker7318
@flamebreaker7318 2 жыл бұрын
@@ragglefraggle5307 yes it will bigger and bigger people on KZbin are checking it out and it’s getting a lot better in terms of optimization
@nickblack2006
@nickblack2006 2 жыл бұрын
@@K162-y1b Hahhahahahahhahahahahahahah give them another 10 years.
@gachatookthekids
@gachatookthekids 2 жыл бұрын
How can NFTs be worthless? It's basically free content for tons of youtubers! /s
@Mizuryryn
@Mizuryryn 2 жыл бұрын
Sooo aren't NFT Bros brainwashing and mind controlling viewers who's interested at investing
@roselov
@roselov 2 жыл бұрын
Did you just /s in a fuckin Muta comment section?
@Arrow8070
@Arrow8070 2 жыл бұрын
Only real worth of NFTs.
@ryukomatoi163
@ryukomatoi163 2 жыл бұрын
@@Arrow8070 and baits more dumb nft havers with their "blockchain" argument
@olsmellyknuckles9653
@olsmellyknuckles9653 2 жыл бұрын
@@Arrow8070 the chuckles I get from people losing thousands of dollars overnight out of greed and desperation must be worth something
@Bread-nx9fo
@Bread-nx9fo 2 жыл бұрын
I love hearing NFT bros whine, best time of the week.
@jorgerios1473
@jorgerios1473 2 жыл бұрын
Lol I save nft pictures from tweeter and then post them on the same tweet LmAo
@disposable_income_andy
@disposable_income_andy 2 жыл бұрын
the saddest part is that its a literal time of the week now
@genmeriphoton7655
@genmeriphoton7655 2 жыл бұрын
Some of them are coping hard lmao. I've seen people in this comment section that kept saying "blockchain is revolutionary" and "you'll regret it someday"; like they're the next Tony Montana or something.
@radhitya0187
@radhitya0187 2 жыл бұрын
@@genmeriphoton7655 well the blockchain technology itself is pretty cool but currently the negative outweighs the positive. As for nfts well I've seen this scam before long before the digital age. Remember when they sold tulip for like a crazy amounts of money in the netherlands.
@genmeriphoton7655
@genmeriphoton7655 2 жыл бұрын
@Fractal Chaos Well, I ain't denying NFTs and Blockchains _could_ be useful. Keyword here is *_could,_* because HOW ARE WE GOING TO USE THESE TECHNOLOGIES ONTO OUR DAILY LIVES?!? I have YET to see NFTs and Blockchains having any actual advantages compared to other kind of technologies we use in the common world. You don't simply JUST blame people like that, I'm sure there has to be other circumstances that halts these blockchain tech from shining.
@MMumbles
@MMumbles 2 жыл бұрын
Whenever I feel down on myself... At least I can remember I never bought an NFT.
@FLyGODSLY
@FLyGODSLY 2 жыл бұрын
Lmao you're sad... at least some people who have have changed their life financially
@lj2265
@lj2265 2 жыл бұрын
@@FLyGODSLY Oh yes I'm so envious of those financial life changes. Like that guy who lost millions on that Twitter NFT lmfao
@yikes6969
@yikes6969 2 жыл бұрын
@@FLyGODSLY lol you definitely typed that with tears in your eyes
@blwkbird5747
@blwkbird5747 2 жыл бұрын
@@FLyGODSLY cope harder
@airriflemaniac
@airriflemaniac 2 жыл бұрын
@@yikes6969 lol
@The_Horse-leafs_Cabbage
@The_Horse-leafs_Cabbage 2 жыл бұрын
Tectonic plates are basically the existing land being given back to the Earth's mantle, so that it can be redistributed throughout the economy. It's an economic model with significant longevity, tho some markets operate on pretty shaky ground.
@lj2265
@lj2265 2 жыл бұрын
Now the right wing will want to cancel geology lessons because they teach communism and wokeism. The students must be taught that new land is created in perpetuity with no losses whatsoever
@hentosama
@hentosama 2 жыл бұрын
Puns
@The_Horse-leafs_Cabbage
@The_Horse-leafs_Cabbage 2 жыл бұрын
@@hentosama yep
@ishaan3521
@ishaan3521 2 жыл бұрын
God bless you si- oh sorry, boredape bless you sir
@kendarr
@kendarr 2 жыл бұрын
This makes me sad honestly, as an artist when nft was just starting I felt we finally had something else other then commission and freelancing, but people turned that into shit, easy money schemes and ponzi schemes, goddammit...
@tubeguy4066
@tubeguy4066 2 жыл бұрын
Yeah I'm into NFTs: Newts, Frogs, and Toads
@prohikikomo
@prohikikomo 2 жыл бұрын
Same. Amphibians rock.
@hentosama
@hentosama 2 жыл бұрын
Amphibia is a cool cartoon xD
@missesyourjokes
@missesyourjokes 2 жыл бұрын
Toad freak
@MiGujack3
@MiGujack3 2 жыл бұрын
I prefer Nitrous, Fire and Turbos
@aerosma5021
@aerosma5021 2 жыл бұрын
Show love for the caecilians too!
@pewpew518
@pewpew518 2 жыл бұрын
I'm a unity dev and what earth 2 has made so far can be made using stock HDRP and a terrain editor called map magic 2. Also unity as an engine is incapable of handling world's the size of earth. Internally unity uses floats for everything. You simply cannot represent surface areas as big as planet earth in unity because float will literally run out of memory and lose precision. Farther you get from the origin the worst it gets and eventually everything will breaks. There's no solution for this except may be ton of loading screens or re writing the engine using doubles just like what UE 5 did.
@dax60840
@dax60840 2 жыл бұрын
If your lighting is dynamic (and it has to be for a game the size of the earth) you can always use origin shifting (every time the player move too far from the origin just teleport everything to the origin). The issue with this technic is that physics will act wonky as fuck during the shift if you don't have low level access to the physics engine and engineers to modify it. They probably have neither. The float to long conversion (like they did for Star Citizen) is not needed to handle a vast world, it's needed to show planet dynamically moving millions of km aways without "cheating".
@dax60840
@dax60840 2 жыл бұрын
But you're totally right, they're a scam company and are not interested in solving technical challenges anyway.
@pewpew518
@pewpew518 2 жыл бұрын
@@dax60840 Yes you are right. That's actually what I meant by loading screens. Considering the game world is whole earth, moving the whole planet and all the stuff on it like grass, animals, buildings etc around the player would take a long loading screen at the very least. Just imagine the amount of transforms you have to reset (im assuming earth2 is actually going to be populated with cities and all )
@triffid0hunter
@triffid0hunter 2 жыл бұрын
Kerbal Space Program just teleports the whole game universe every time the player gets more than a kilometer or two from the origin and renders very distant objects at a smaller scale with a second camera, seems to work well enough
@lizabey
@lizabey 2 жыл бұрын
Otherworld looks like a really cute Neopets-type of thing? Ignoring NFTs being suspicious as heck, it's such a shame for this to be an exclusive thing instead of a fun browser MMO for afterschool.
@DwDiablo3
@DwDiablo3 2 жыл бұрын
omg havent seen Neopets for ages
@disposable_income_andy
@disposable_income_andy 2 жыл бұрын
Not sure why, but that's a feeling I got too. Specifically, those little nft gremlin things that very clearly reuse asses from each other strangely remind me of moshi monsters.
@JakXLT
@JakXLT 2 жыл бұрын
Ah neopets... My first metaverse Dammit now you've got me all nostalgic, getting an urge to play that old platformer with the Drake in it
@MechanicalAnakal
@MechanicalAnakal 2 жыл бұрын
I was getting a Neopets/Petpet Park vibe off of the art style too! All this bs about metaverses just makes me miss virtual worlds I played as a kid
@lizabey
@lizabey 2 жыл бұрын
@@MechanicalAnakal Honestly, if this is the way VR is going, then they should at least go full circle and let us play with our Neopets in "real life"
@iWrInstincts
@iWrInstincts 2 жыл бұрын
I dont blame the NFT creators. They successfully managed to fool the bro's into wasting thousands of dollars on pixels. What a world we live in.
@treyjordan3168
@treyjordan3168 2 жыл бұрын
PT Barnum was right
@jaymedeiros6786
@jaymedeiros6786 2 жыл бұрын
The idiot tax
@metodiusm428
@metodiusm428 2 жыл бұрын
Why should they be blamed? NFT creators are actually business geniuses
@iWrInstincts
@iWrInstincts 2 жыл бұрын
@@metodiusm428 never said they should lol, i sometimes wish i had great interest in entrepreneurship given how many absolute morons live in the world to make money off lmao.
@KaiserMattTygore927
@KaiserMattTygore927 2 жыл бұрын
I do. I don't praise snake oil salesman just because they fleeced idiots. please stop doing that.
@asilva4956
@asilva4956 2 жыл бұрын
If people want to pay up to get nothing, let them. There's a saying in my country that says: Every day a scammer and an sucker go outside, and the day they meet each other, a deal is done.
@Ok-vs7fj
@Ok-vs7fj 2 жыл бұрын
The people who make money from nfts are actually smart but not the ones who buy
@aha6500
@aha6500 2 жыл бұрын
That mentality is why your country is considered to be the third world.
@yagmi6182
@yagmi6182 2 жыл бұрын
@@Ok-vs7fj i dunno. if a guy knows someone is stupid or just unable to apprehend basic logic. is the guy smart for scamming them? like if i buy a pack of sweets for 50p and i sell them to kids for £5 is that really genius or am i just scamming kids who dont know no better lol.
@Ok-vs7fj
@Ok-vs7fj 2 жыл бұрын
@@yagmi6182 yep. Thats the point.
@MagusWyvern
@MagusWyvern 2 жыл бұрын
"A fool parts with his money"
@MasticinaAkicta
@MasticinaAkicta 2 жыл бұрын
I love how they paid more, a LOT more, in transactions. A basic ROI would mean that they have to wait till their NFT is worth about 20-30x as much to sell it with gain.
@roastbeatsmusic
@roastbeatsmusic 2 жыл бұрын
Yeah the trade was profitable about 5 minutes after it launched. Its crypto... Things 50x in hours.
@nickrodriguez5323
@nickrodriguez5323 2 жыл бұрын
@@roastbeatsmusic Just another person who doesnt understand anything and hopped on the nft hate train...even muta has it wrong. It wasnt 160M "wasted' those are just fees to run the network and it was that high cause the demand was there. How much does Visa, Mastercard , Square, Paypal or other payment processors "waste" when they take fees? Same exact concept here. I love this channel but damnthese NFT takes are just so lazy, predicatble, and boring especially from a tech guy like Muta.
@dragons_advocate
@dragons_advocate 2 жыл бұрын
You know what's funny about NFTs? Mutahar's video title: "The $160 Million NFT Disaster..." _Me: "Which one?"_
@silverhorse2010
@silverhorse2010 2 жыл бұрын
Yes.
@bipitybopity7002
@bipitybopity7002 2 жыл бұрын
To my understanding, nft's at this point boils down to "Man, I absolutely hate that I own so much money"
@FTChomp9980
@FTChomp9980 2 жыл бұрын
NFTs are finally crashing! This some good news because I despise NFTs!
@MewPurPur
@MewPurPur 2 жыл бұрын
It's probably gonna become a big idiotic market, like modern art...
@nightrain1121
@nightrain1121 2 жыл бұрын
@@cavos1616 found one!
@cavos1616
@cavos1616 2 жыл бұрын
@@nightrain1121 ??????
@evanddboi2097
@evanddboi2097 2 жыл бұрын
@@cavos1616 you don't understand
@cavos1616
@cavos1616 2 жыл бұрын
@@evanddboi2097 what do you mean
@dani.5087
@dani.5087 2 жыл бұрын
I hope the artists for Otherside got paid well for their work, the art style and environment design are actually great and I'm upset that they're part of *this* and not a normal, non-scam MMO.
@MK_ULTRA420
@MK_ULTRA420 2 жыл бұрын
I hope those artists get paid in NFTs for keeping this practice alive.
@dani.5087
@dani.5087 2 жыл бұрын
@@MK_ULTRA420 depends on whether the artists themselves are nftbros lmao. If they are then yeah pay them with NFTs and we'll see how hard karma hits 'em when the market keeps crashing.
@incognitonotsure909
@incognitonotsure909 2 жыл бұрын
@@dani.5087 doesnt matter lol they worked in this shit show they are part of it
@kolacao8134
@kolacao8134 2 жыл бұрын
Well...the BAYC artist that did the base of the money was not credited
@thelonleyUchiha1
@thelonleyUchiha1 2 жыл бұрын
@@incognitonotsure909 Um…I’m gonna say no on that cause I wouldn’t be shocked if they didn’t even know it was nft based…considering these are the type of dudes who just lie and steal wouldn’t be shocked if they lied to their artists
@rinchanlife
@rinchanlife 2 жыл бұрын
at this point i wanna just release a bunch of random tiny ms paint scribbles as nfts just to see how much people will pay for them
@thevanillatoast
@thevanillatoast 2 жыл бұрын
in JPEG format
@disposable_income_andy
@disposable_income_andy 2 жыл бұрын
Nah you can't all of them have to reuse some asses from each other with minimal customization
@ripwildy2022
@ripwildy2022 2 жыл бұрын
don't forget about us when you become a billionaire, bro.
@sbeve8934
@sbeve8934 2 жыл бұрын
The ms paint collection
@brandonhouser3685
@brandonhouser3685 2 жыл бұрын
That is far too much effort. If you send them a blank page, you might mess around and become a millionaire.
@teddy362
@teddy362 2 жыл бұрын
3:48 has got to be the most solid “woohoo” I have ever heard. I can’t replicate it. The cadence is on point
@carsonjorgensen1069
@carsonjorgensen1069 2 жыл бұрын
“You own LAND that no one can take away from you!!” **colonists**: “laughs in smallpox”
@RomnysGonzalez
@RomnysGonzalez 2 жыл бұрын
Never forget than Square Enix invested 300M USD on a collapsed Market of NFT LMAO
@JunkBondTrader
@JunkBondTrader 2 жыл бұрын
yeah try look further ahead than 2 feet goof. They aren;t investing in today. That is a long term investment into a very infant, promising tech. You are _supposed_ to invest at the bottom. You don't buy something that has already made it. The internet is a brilliant tech that produces some stupid things, but the internet is not stupid, right? That is the same situation with NFT technology. Brilliant tech that some have utilized poorly. NFT will provide digital transparency in our changing world, where deception is becoming increasingly easy with AI and deep fake technology. It is not only valuable, it is crucial technology and I find it interesting that it emerges just as AI is starting to increase exponentially.
@DOOMStudios
@DOOMStudios 2 жыл бұрын
NFTS are like the pet rocks of the 1970s expect anyone and everybody has access to the rock while you the meaningless claim of “owning”a NFT.
@bane2201
@bane2201 2 жыл бұрын
Now I kinda want to make non-repeating stickers of 256 random characters written in small font, sell em barely above cost, and make the site a blatant parody of NFTbros. "Want to prove you own an object? Too lazy to get a picture taken of you owning it? Want the fact you own something to be public? You can put one of these on a pet rock, or any other object, and now it's unique! Congrats, people now know you have a compulsive need to show things off!"
@olsmellyknuckles9653
@olsmellyknuckles9653 2 жыл бұрын
Something useless like a pet rock mixed with the get rich quick greed of beanie babies
@unluckygamer692
@unluckygamer692 2 жыл бұрын
There's actually pet Rock NFTs amd they're worth a pretty penny
@toxboxdevel6026
@toxboxdevel6026 2 жыл бұрын
there was an NFT restaurant that opened up in my town a little bit ago and there was a line literally around the block for the first two days. predictably, once the tshirts sold out I didn't see a single person there again. I guess people didn't care about mediocre burgers and fries with "bored ape" on the packaging. look up "bored and hungry" if you want to check it out.
@joecarlson699
@joecarlson699 2 жыл бұрын
I'm sorry you exist in the state of California. A fate worse than death if you ask me. My thoughts and prayers are with you.
@theKashConnoisseur
@theKashConnoisseur 2 жыл бұрын
I hope you can eventually escape the surrealist hellhole you find yourself in currently. I hear Oregon is nice.
@ryukomatoi163
@ryukomatoi163 2 жыл бұрын
@@joecarlson699 more elaboration, Joe?
@toxboxdevel6026
@toxboxdevel6026 2 жыл бұрын
Damn lol what's with all the cali hate? I actually like it here. Guess that's what I should have expected from youtube comment section
@ryukomatoi163
@ryukomatoi163 2 жыл бұрын
@@toxboxdevel6026 by the way, what does the food tastes like I wonder
@thunk6681
@thunk6681 2 жыл бұрын
5:52 Those are actually pretty nice looking item icons, if they took those and put them in literally anything else, like ROR2 or something, that would be neat.
@BigPundo
@BigPundo 2 жыл бұрын
The jumping spider that appeared on my desk during this video is more entertaining than any nft game will ever be
@Jetfox967
@Jetfox967 2 жыл бұрын
The NFT bubble bursting fills me with joy.
@galladesamurai2380
@galladesamurai2380 2 жыл бұрын
It is glorious, like watching a airship crash in battlefield 1 because let's be honest, that's the perfect analogy to use here
@realcia4429
@realcia4429 2 жыл бұрын
@@galladesamurai2380 i loved watching those crash. you're right, it's a perfect analogy
@idonotknowwhyyoutubeletsyo5893
@idonotknowwhyyoutubeletsyo5893 2 жыл бұрын
Paying 10k for a virtual piss island is definitely someone's dream.
@razeezar
@razeezar 2 жыл бұрын
NFTs remind me of physical, tangible 'Special Edition' , 'Collectors Edition' items such as comic books , cards etc. that have been released over the years. Everyone buys them up and keep them all in top condition, with the same thought that they will be "worth something" one day... Instead they stay the same... Or rather decrease in value, if you factor inflation.
@mrszmatan2727
@mrszmatan2727 2 жыл бұрын
NFTs are shortcuts in investing, just like collector crap, well but using shortcuts in life often backfires, doesn't it?
@LoveProWrestling
@LoveProWrestling 2 жыл бұрын
for real. As soon as Hasbro relaunched Star Wars toys in 95, everyone snapped them up to sell later thus causing oversupply. Demand crashed, value crashed.
@razeezar
@razeezar 2 жыл бұрын
@Fast Zombie Exactly. I originally bought such comics way back when I was still a teenager and enjoyed reading them . The possibility that they may potentially have good re-sell value one day was secondary of importance, but still a consideration.
@yagmi6182
@yagmi6182 2 жыл бұрын
@@LoveProWrestling exactly there is a reason super mario bros on nes is worth like £10 but games that are utter garbage and nobody like on the NES are worth like £1000 its because no one owns those games and they just got destroyed or dumped. so anyone who has a copy and wishes to sell it to a collector can make bank.
@yagmi6182
@yagmi6182 2 жыл бұрын
@@razeezar same i buy toys often because i love collecting GI Joe, star wars and figma (anime toys) and i found out the berserk guts i bought for like £60 is now worth £200-300 boxed. i could sell it and make profit and buy like another 4 figmas if i wanted but i dont want to sell him.
@zeedause5289
@zeedause5289 2 жыл бұрын
as a wise Busdriver once said "if you really want to piss off your parents, by real estate in an imaginary place"
@2bored4life
@2bored4life Жыл бұрын
NFT came right before AI art and now people are selling AI generated art as NFT tokens. The future is looking ridiculous.
@Qmontun
@Qmontun 2 жыл бұрын
What i get from NFT's fiasco is that people are seriously, dangerously terminally online. The delusional mindset you must had to think that a virtual object is real enough to spend money on, livesavings on
@shuheihisagi6689
@shuheihisagi6689 2 жыл бұрын
I swear NFTs are just another sign that Idiocracy is coming true.
@TheGeneratedNarukami06
@TheGeneratedNarukami06 2 жыл бұрын
And don't forget that also kleptocracy of scams comes true on internet worldwide.
@branm5459
@branm5459 2 жыл бұрын
“Blue chip NFTs” I hope I never hear that ever legitimately stated in the future
@FuegoSavvy
@FuegoSavvy 2 жыл бұрын
ive actually heard a lot of people say that unironically
@RedesCat
@RedesCat 2 жыл бұрын
When I feel bad about spending too much money on something I watch nft videos and feel better
@Neo_Geisha
@Neo_Geisha 2 жыл бұрын
Same.
@friendofp.24
@friendofp.24 2 жыл бұрын
That 6 second animation with all the NFT characters made me ill.
@TheFlamingGamerYT
@TheFlamingGamerYT 2 жыл бұрын
At this point NFTs really keep proving that they shouldn’t have been a thing cuz they just don’t add much to the world if I’m being honest. Also, a Muta video in the afternoon (at least in my time)? That’s fire
@Hinokassaudifan1
@Hinokassaudifan1 2 жыл бұрын
Mine is on the evening.
@BrendonCap
@BrendonCap 2 жыл бұрын
Tokenization adds massive value to the world, shitty farting lions dont
@stellviahohenheim
@stellviahohenheim 2 жыл бұрын
It's 1am here for me
@TheFlamingGamerYT
@TheFlamingGamerYT 2 жыл бұрын
@@Hinokassaudifan1 Good evening to you
@JunkBondTrader
@JunkBondTrader 2 жыл бұрын
NFT is not a scam, kid.. It's a brilliant technology that people have utilized for art, which I agree is not a great utilization of it. The inernet is a brilliant tech that people use for stupid purposes all the time. Doesn't make the internet stupid, does it? NFT will provide transparency in our digital future and provide security and truth. You are obviously young, so you'd be smart to study up on crypto/nft/blockchain tech. The more you learn about it, the better you'll be able to profit from it. Investing is a great skill to have and there will be so much opportunity in the coming decades. Just put literally like 15 dollars into a few coins, and that will get you following them, learning about them. You'll see your returns in percentage doing excellent... and get a feel for crypto... then, by the time the market fluctuates back to the upside, you'll be equipped with enough knowledge to find good projects, invest and make the easiest money you'll ever make in your life. What could risking $15 hurt? Buy like, $5 of Ethereum, $5 of ADA and $5 of XRP, and personally I think your $15 is very safe, these projects all have bright futures, and you could be starting yourself down a path of investing, at a time where there is so much opportunity for investors. Only idiots get burned by dumb crypto and NFT projects. And Crypto has so many dumb people, but also the smartest people in the world are cleaning up. Don't feel bad for people in the space, feel bad for idiots. Wise investors are rolling in money. This is maybe the best advice you'll ever receive. Don't let Mutahe talk you out of the biggest financial opportunity EVER. Not just our lifetimes... Of all time. Bigger than the gold rush. Mutah is clueless when it comes to crypto. He's the most paranoid person on the planet, that makes him a shitty person to listen to about speculative investment.
@All-Fur-Coat_No-Trousers
@All-Fur-Coat_No-Trousers 2 жыл бұрын
I don't know if it's exactly the same thing, but this reminds of people spending RL money for property in Second Life, which has been going on for ages.
@Smithor
@Smithor 2 жыл бұрын
Not quite the same thing, with Second Life there actually is a utility aspect, the "land" is really just a server that you are renting, all aspects of that land are just virtual representations of the servers hardware. You can still do things with that property, while in the cases that Muta is describing, there's nothing but a model viewer. Otherside is selling World Of Warcraft, but only delivering Wow Model Viewer. Second life, while getting on in age, at least gives you something for that transaction. And it's only like 100 dollars for a single month, as opposed to over ten k. SL land is also effectively infinite. The 10k someone would spend on an image here, would buy you like 8 years of rent on a full region in SL. Massive differences (although similar looking on the surface, which I suspect is the only reason its gotten this far).
@ModuliOfRiemannSurfaces
@ModuliOfRiemannSurfaces 2 жыл бұрын
This…does put a smile on my face.
@alissonsv2
@alissonsv2 2 жыл бұрын
Muta is about to get a call from the Netherlands about that "finite land" intro.
@HyexaMemes
@HyexaMemes 2 жыл бұрын
As soon as Mutahar isn't uploading for a whole day, i'm just straight "BUT MUTAAA"-ing infront of my screen
@ProtoPropski
@ProtoPropski 2 жыл бұрын
Earth 2 is basically Microsoft Flight Simulator without the gameplay
@CodingWithUnity
@CodingWithUnity 2 жыл бұрын
"No new land is being made. Volcanoes: "Am I a joke to you?"
@veirvena2062
@veirvena2062 2 жыл бұрын
"BUT MUTAAAA"
@uprightape100
@uprightape100 2 жыл бұрын
Want art? Support your local artists at “Open Studio” weekends in your area. Or “flea market” art (actual treasures are sometimes found). And if you like it, who cares if it doesn't appreciate? Or better yet, make it yourselves, as in "take up painting".
@thegamerfe8751
@thegamerfe8751 2 жыл бұрын
What's actually sad is that Square Enix sold their western studios and IPs just so that they could invest into NFTs at literally the worst time possible cause NFTs are 90% dead right now.
@musicdude1540
@musicdude1540 2 жыл бұрын
The latter really isn't true. I bought a few dozen 18 months ago and all of them are still 4x what I paid for them.
@thegamerfe8751
@thegamerfe8751 2 жыл бұрын
@@musicdude1540 Well, you'd be right if I didn't say that "they are 90% dead" which means not fully dead sooo.... 🤷🤷
@deem0n__
@deem0n__ 2 жыл бұрын
@@musicdude1540 You fool
@musicdude1540
@musicdude1540 2 жыл бұрын
@@thegamerfe8751 since when is 400% ten percent?
@thegamerfe8751
@thegamerfe8751 2 жыл бұрын
@@musicdude1540 Bro, you seem like you're just basing this off the NFTs that you got lucky with but trust me it's not like that for the majority.
@BriBCG
@BriBCG 2 жыл бұрын
Hmm, plots of land with value determined by their proximity to the center... Almost like another shape that we all know and love!
@autumnveir1168
@autumnveir1168 2 жыл бұрын
P Y R A M I D
@deathsyth8888
@deathsyth8888 2 жыл бұрын
The only NFT I would buy is the "Muta Laugh" jpeg.
@modusartsgroup
@modusartsgroup 2 жыл бұрын
I am very impressed with this channel. I wonder how many hours of digging in the dirt and sifting through it it takes to boil it down into a 17 minute video? I got here via Coffeezilla, another channel that stays incredibly well-informed by way of sheer elbow grease. Keep going. Never stop!
@idhunepijl1404
@idhunepijl1404 2 жыл бұрын
The fact that people would rather spend tens of thousands on dollars on NFTs rather than donating it to a good cause or just helping a poor person get a better life really makes me sad... so many people are just completely materialistic and selfish.
@furinick
@furinick 2 жыл бұрын
Donations are prob more useful they get you tax write offs
@jrozco9225
@jrozco9225 2 жыл бұрын
How is spending their hard earned money on whatever they want?
@NotALiberalSoSkipTheScript
@NotALiberalSoSkipTheScript 2 жыл бұрын
I’d say at least in the US (where I’m from) 90% of people are just psychotic hedonists. They actively hate the struggling, the working class, and anyone who doesn’t pat them on the back. People adore Elon Musk for spending $44 BILLION dollars on something as useless as Twitter, yet if a fraction of that went towards infrastructure, feeding the starving, rent relief he’d have stopped all those concerns and been the SINGLE most gracious amazing person in the world.
@Smuckeroni
@Smuckeroni 2 жыл бұрын
@@jrozco9225 "hard earned money"
@Beanster25
@Beanster25 2 жыл бұрын
Good causes: where 1% of the money goes to the cause…
@EonityLuna
@EonityLuna 2 жыл бұрын
I have a counter to that “land isn’t being made” thing. Ever heard of land reclamation?
@PhobosTK
@PhobosTK 2 жыл бұрын
I mean, it's reclamation, i.e. the land is already kinda there, you just process it to fit your needs...
@u235-guzzler
@u235-guzzler 2 жыл бұрын
NFTs were a disaster to begin with.
@messwithhelpy
@messwithhelpy 2 жыл бұрын
since eating tomatoes every day from the age of thirteen i have gained the power to spit fire legalize anarchy
@blendedmilkk
@blendedmilkk 2 жыл бұрын
Just a note about Final Fantasy 14 and housing: We're currently in a housing crisis and houses (small) are running for 3mil+. We have more players than houses and more fc houses than single housing, so people are also making fcs just for themselves to get a house
@bane2201
@bane2201 2 жыл бұрын
Now I want to make non-repeating stickers of 256 random characters written in small font, sell em barely above cost, make the site a blatant parody of NFTbros' marketing. "Too lazy to get a picture taken of you owning an object but want the fact you own some object to be public? You can put one of these on a pet rock, or any other object, and now it's unique! Congrats, people now know you have a compulsive need to show things off! This is world-changing! The future is now!"
@MK_ULTRA420
@MK_ULTRA420 2 жыл бұрын
I would pay at least 1 DogeCoin for such a product.
@clintonsimmonds3956
@clintonsimmonds3956 2 жыл бұрын
👉👀👎
@orangethesaberguy7638
@orangethesaberguy7638 2 жыл бұрын
Most people don't know but Earth 2 has also bought out smaller indie game studios and shut down their games on steam, then advertising Earth 2 on their steam page. Looking at you, DRONE. Could've been a cool game but not anymore
@ShadowAkatora
@ShadowAkatora 2 жыл бұрын
I still don't really understand what this is supposed to be. You're buying like a virtual island plot in some game? Why?
@RicardoMontania
@RicardoMontania 2 жыл бұрын
In a nonexistent game
@PhobosTK
@PhobosTK 2 жыл бұрын
even better: you spend actual money to buy a useless chunk of data in order to exchange it with another useless chunk of data!
@skeleton819
@skeleton819 2 жыл бұрын
I would have more fun in pong than paying virtual land
@reinanfelix6554
@reinanfelix6554 2 жыл бұрын
That "wohoo" at 3:47 was perfect.
@evanjuleen
@evanjuleen 2 жыл бұрын
"But Muta" 🤣 This is so endearing I laugh out loud everytime and can't help saying it all day. 🤣 It's Muta memes pop culture to me.
@ProblematicExistence
@ProblematicExistence 2 жыл бұрын
Aztec Crack Den, Golden Shower Land...I fuckin' love it dude. I'm sincerely hoping this channel stays alive for a long time.
@thugnugget8582
@thugnugget8582 2 жыл бұрын
Why spend all of my finances into virtual land when I can just buy a copy of Minecraft and create/build anything imaginable?
@megadouche
@megadouche 2 жыл бұрын
BeCaUsE nFt'S hAvE vIrTuAl LaNd!
@skeleton819
@skeleton819 2 жыл бұрын
Dirt houses are a billion times better than virtual land
@NarbsTheGreat
@NarbsTheGreat 2 жыл бұрын
I gotta admit that CGI trailer was really well done
@CrocodileWhispers
@CrocodileWhispers 2 жыл бұрын
It's shows 0 ways the game is played, it doesn't even provide a hint of gameplay. That makes it a bad trailer. But ya know it's a stage show that looks pretty sure
@-Raylight
@-Raylight 2 жыл бұрын
NFTs are like mobile games, nobody asked them. But there are people who get addicted and someone else is making bank from it Like an augmented guy once said *"I never asked for this"* 😂
@davidjamesmagtibay6065
@davidjamesmagtibay6065 2 жыл бұрын
But unlike mobile games, nfts are just useless pictures that can get changed. Even though mobile games are trash atleast other people can play it for fun.
@evillecaston
@evillecaston 2 жыл бұрын
And now that augmented guy was sold off by his parent company so they can double down on NFTs. Let that sink in...
@kemasuk
@kemasuk 2 жыл бұрын
Land can be infinite if you keep getting more fractal-ly with coast measurements .
@definitelynotdoom
@definitelynotdoom 2 жыл бұрын
Imagine buying a NFT.
@skeleton819
@skeleton819 2 жыл бұрын
couldnt be me
@matternst1442
@matternst1442 2 жыл бұрын
One nice thing is virtual property tax isn’t as high. I still don’t get how I’m supposed to live there
@frozenbinarystudio
@frozenbinarystudio 2 жыл бұрын
Ah yes, code optimization. Something everyone complains about but rarely actually done in practice.
@SaintoftheHonest
@SaintoftheHonest 2 жыл бұрын
The thing about NFTs that needs to happen is that they need to be USABLE in some way - not just for the sake of being worth money. That way, it ACTUALLY can’t be copied (like images can be) and owning it actually means something. This is part of why I’m excited for Illuvium - NFT Games are an ‘easy’, but brilliant way to have ownership over specific code actually impact something, even if it’s in a small way like recording the history of an Illuvial.
@denizylmaz8131
@denizylmaz8131 2 жыл бұрын
The words NFT and Disaster being in the same sentence gives me joy. I hope all of the projects crash at some point
@GuitarGuy4647
@GuitarGuy4647 2 жыл бұрын
Fake internet money for fake internet art that I can show off in a fake internet world where I can buy fake internet land.
@Pilker
@Pilker 2 жыл бұрын
So people would rather buy virtual land then actual land which will end up being more valuable in the future then a nft
@sceptikalmedia
@sceptikalmedia 2 жыл бұрын
I was very sceptical about the whole NFT thing.. But people's stupidity is prooven to be an unlimited source of revenue.
@completetechheads
@completetechheads 2 жыл бұрын
Really good takes here man. Love that you have learned so much about crypto and NFTs with your critical eye, you have done wonders to educate your audience on these topics keep it up man! I tried to buy a plot was NOT about to spend 3-4 ETH on a transaction fee.... They dropped the ball hard on this one...
@3DCommando
@3DCommando 2 жыл бұрын
The audience doesn’t care. People just love hating on whatever topic they can. It reminds me of “orange man bad” and “pineapple on pizza is gross”. People just subscribe to ideas they hear on the internet whether they know better or not.
@completetechheads
@completetechheads 2 жыл бұрын
@@3DCommando very true. Gotta give credit tho for these deep dives and competent explanations, more than we get out of most KZbinrs on the crypto-hate train haha
@3DCommando
@3DCommando 2 жыл бұрын
@@completetechheads yeah it’s really easy to forget about when you’re making all this magic money 😅 people can believe what they want.
@simplymilkshakes8119
@simplymilkshakes8119 2 жыл бұрын
Literally thought metaverse land was a house in the metaverse, its worse than I thought.
@maeyo_
@maeyo_ 2 жыл бұрын
Any disaster about NFTs, I'm happy to hear.
@memerboi1213
@memerboi1213 2 жыл бұрын
Hi Cutie pie how are you.
@zrandom4896
@zrandom4896 2 жыл бұрын
Sooo “metaverse” is basically buying storage space on a server 😂
@bankaikun94
@bankaikun94 2 жыл бұрын
But Muta, what about tectonic plates?
@Super-Saiyan-Blue-Gogeta
@Super-Saiyan-Blue-Gogeta 2 жыл бұрын
This is very sad. A real Dev could make an actual good game with just 1% of that 160M.
@tiagotiagot
@tiagotiagot 2 жыл бұрын
"more energy efficient" is questionable; you need to consider how much actual protection is being provided per watt consumed. I'm still not sure if the game-theory of PoS is as robust as the PoW of a properly designed crypto.
@divineterabyte5181
@divineterabyte5181 2 жыл бұрын
I do truly believe that after FPS games, MMORPGs are going to be the first to really implement NFTs
@jennifertrandafir
@jennifertrandafir 2 жыл бұрын
I've never been this happy to see a failure like this!
@Ok-vs7fj
@Ok-vs7fj 2 жыл бұрын
Jokes on you l made a lot of bread from this
@skeleton819
@skeleton819 2 жыл бұрын
@@Ok-vs7fj no
@Ok-vs7fj
@Ok-vs7fj 2 жыл бұрын
@@skeleton819 tf you mean no? I swear youre an npc.
@skeleton819
@skeleton819 2 жыл бұрын
@@Ok-vs7fj not really
@Ok-vs7fj
@Ok-vs7fj 2 жыл бұрын
@@skeleton819 yes you are kiddo
@deconyus3412
@deconyus3412 2 жыл бұрын
I s2g if they just made Earth 2 be that Nutsack Mitosis Earth they show on their page they’d actually have something interesting
@Mace2.0
@Mace2.0 2 жыл бұрын
Meanwhile, Square Enix chose the wrong time to sell their MAJOR IP's to invest in overpriced jpegs.
@ml8991
@ml8991 2 жыл бұрын
a lot of NFT projects on the solana blockchain are actually turning into a sort of investor fund/single stock for companies, rather than just being a picture. they’re providing utility, although utilities vary (games, passive income, web3 applications, etc.) different NFTs have different utilities in an ecosystem and so on
@JoeMama-ke1so
@JoeMama-ke1so 2 жыл бұрын
The 5 tiers just reminds me of a Ponzi scheme.
@shooshiwhooshi8736
@shooshiwhooshi8736 2 жыл бұрын
One of the best Yahoo's I've ever heard 3:48
@abeltesfaye_
@abeltesfaye_ 2 жыл бұрын
I used to play Neopets when I was a little girl. This reminds me a lot of that... except you spend real money on this and it doesn't look anywhere near as exciting as Neopets (which again, I played at like age 10 😂)
@arcallcaps
@arcallcaps 2 жыл бұрын
i love making avatars for the game vrchat through its sdk its a neat system and lot's of people have gotten into unity because of it
@blackstealth8168
@blackstealth8168 2 жыл бұрын
The Hawaiian islands are a good example of land mass being created. In 2019 Kilauea created 875 acres of new land. Sure it's not a fast process but it's new land.
@timpeterson175
@timpeterson175 2 жыл бұрын
“The poor man’s swamp” aka “swamp”
@JV-ie4rh
@JV-ie4rh 2 жыл бұрын
This gives me joy.
@NecroBanana
@NecroBanana 2 жыл бұрын
These are literally Club Penguin islands 💀💀💀
@ZeldaCDI99
@ZeldaCDI99 2 жыл бұрын
Never trust an NFT seller. Trust an NFT buyer even less.
@adamdenardis5438
@adamdenardis5438 2 жыл бұрын
What if there was a Morshu selling NFTs in the game? 😂 MMMMMMMMMMM
@ZeldaCDI99
@ZeldaCDI99 2 жыл бұрын
@@adamdenardis5438 If Morshu tried selling me an NFT, I'd actually consider buying it.
@DwayneIsKing
@DwayneIsKing 2 жыл бұрын
10 grand for Virtual land is one of the worst deals I've ever heard
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