Yep, next year we will be posting...

"Remember when you could get a new '90s Williams remake-LE for only $8K? Now you pay more than that for standard 80's Bally remake, and you have to ship it in from Australia!"

Well, you would have to explain what that is first.

https://www.coinbase.com/learn/crypto-basics/what-are-nfts?utm_source=google_search_nb&utm_medium=cpc&utm_campaign=9943088770&utm_content=100067298945&utm_term=&utm_creative=432723830332&cb_device=m&cb_placement=&cb_country=us&cb_city=open&cb_language=en_us&gclid=EAIaIQobChMIqa2S5Jif8AIVBr_ICh06LQWwEAAYASAAEgJy5_D_BwE

Just buy doge coin the more you guys push up the price the more pinballs I can buy win win

Is this written in English? Honestly, I have NFC what I just read.

You know how people pay actual money for extra emojis on their phones, or for outfits/skins for video games? Or when Wutang made that 1 copy of their album and sold it? Yeah, it's like that except the 1 copy is digital only. The next crazy stupids craze I will never understand but people will get rich off of.

Kevin Smith is releasing his next movie as an NFT to the highest bidder. That person can do anything they want with it.

Basically it is artificial possessions. It is a BS concept in my opinion. Just another way to throw away money for nothing tangible to show for it.

Ok, thanks for that, I just learned something. I suppose in a truly digital world, this might make sense to me. And I do have some collectables. And some digital stuff for my phone. But there is a limited market for anything rare or "collectable" and many times items made to be collectable (Franklin Mint, Stamps, Pogs, etc.) just don't hold their value, especially as the target audience moves on.

Yes, LEs and rare pins are priced higher, but the number of enthusiasts willing to shell out $30K or more for a game, let alone a digital rendering or NFT of something you can not play - don't think this is going to impact the industry in a big way. And if by spending $$$ on that one more deep pocket guy is less interested in the real thing - all the better to keep prices manageable.

NFTs are like a proof of concept. It has actual utility, but the way it’s being used now is very dumb and useless.

In the future it could serve the purpose of being a permanent ledger. Like pinball machines could have NFTs created of them. So then it would have a quantified, unique identifier, and it would be one-of-a-kind.
Example being like right now, people are building their own TZs and MBs and such. They are probably just grabbing a random serial number. If you integrated NFT technology then you could have your “proof of authenticity” for the real ones versus the homemade ones.

Basically it’s a bunch of nerd data for people who enjoy verifiable data. In these days of an abundance of forgeries and fakes and scams, NFTs can be implemented to mitigate those risks.

Owning a digital “cat collectible” is not one of those utilitarian uses and is extremely dumb.

Sucker is born every minute

I can't fathom of a good use for NFTs within pinball.

I could see something like an arcade using a crypto currency like Nano on all their machines and storing wallets as swipe cards. As everything would be very secure, fast, and free.

It's a new way to launder money.

Anyone want to buy my JPEGs?

Lemme know when I can start selling my GIF's.

I agree with explosiveegg. Pinball has always been a tangible, in your hands, tactile type experience. It's about having something real, not digital. Now, DLC is something I see coming. DR is trying, but they can't seem to make a game, so it will most likely come from Stern first.

Edit: I have to add this is a very good idea coming from the Bitcoing people. People collect all sorts of things and why not the first Tweet?

Our overall idea of what things are worth is changing.

I look at digital assets like patents (loosely). Patents are ideas, and in many cases may never be actualized into tangible items, but they still are worth whatever someone would pay for them.

That isn't to say I necessarily agree with all the use cases. I also look at 'digital' items as things that can easily be copied in one manner or another. The more valuable something is, the more people are going to try to hack, steal and/or copy it. Digital (regardless of encryption/blockchain etc) is one of the easiest things to steal/lose/copy/whatever. I think the biggest issue though is survivability. The area I am unclear on is as with all digital items....okay so the NFT is made 2021 on current systems. In 200 years, will it still even be accessible for others to see (say in museums).

A few somewhat practical ways this could be implemented in Pinball is...custom animations, custom artwork, custom callouts....etc.

Hopefully soon a comet will strike earth and blast some sense back into humanity.

Tulip bulb economics.

I’m still waiting for the flying saucer to come pick me up.

But that person likely cant do anything they want with it depending on the copyright agreement. Its unlikely that person can release the movie in theaters, but that person could sell that NFT copy to another person who would have those same restricted rights.

Supposedly there is no copyright on it in normal terms. Whoever wins it, owns it, and it did mention they could release it in theaters, stream it, copy and give it to others, etc if they so chose to.

Too late, they already have!!

20210429_090504 (resized).jpg

Oooo, I hope I'm the first.

Put up three this morning. Since I know you all don't have a lot of money to throw around on non-necessities I made them cheap. I've got Standard, Special and Limited edition. 1/1 for now, but of course might pump out some more JJP-style if the demand is there. I'm going to hype these to all my newly wealthy twitter friends, so act fast!!!!!

https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/92981652445915725613681440818043053803939531205987619453890679076381962272769

https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/92981652445915725613681440818043053803939531205987619453890679078580985528321

https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/92981652445915725613681440818043053803939531205987619453890679077481473900545

Those are cool tokens! I want one ☝️

Wouldn't that suck if there was a generator fire near the room the Ethereum blockchain servers are that sets off the water sprinklers. How much money would be lost?

Hopefully no more than the last hour and a half from the previous backup

Looks like the NFT bubble burst.

https://twitter.com/pattymo/status/1445574059056529411?s=20

Any of you guys get in on this drop?

https://opensea.io/collection/arcadenft?search[sortAscending]=true&search[sortBy]=PRICE&search[stringTraits][0][name]=Drop&search[stringTraits][0][values][0]=Genesis&search[toggles][0]=BUY_NOW

NFTs, along with Bitcoin and much of the digital world are simply evidence of the disease that has spread throughout our world. People who think up this stuff have far too much time on their hands. They'd be far more useful digging a ditch, cleaning tables, or doing just about anything useful.

I'm fairly confident in another 25 years no one will actually do anything anymore. There will be only three jobs - insurance sales, nail salon artist, and recording artist. Those who can't do one of those tasks - or those who do not wish to - will be on full disability benefits.

Hey Knockerlover….why are there so many of them? It appears there are multiple NFT for the same art. I thought there was some exclusivity to producing an NFT. What am I missing? Thanks.

Just realized these are playable, although the game isn't that great, lol.

Looks like there are 495 in this series, all of them have the same traits.. so the exclusivity is just the number you're issued #1-#495 the same group did an arcade release where they are all truly unique kinda cool.. a pac man variant, some of them have elon musk as pac man.. the internet is an interesting place.

https://opensea.io/collection/arcadenft

Most expensive NFT’s are only a rug zap away from oblivion. What you got then? A Staples thumb drive worth $9.

Pure idiocy.

Old ways were pinball and arcade games lol.

STERN LE
OR...

Screenshot_20220327-062927_Chrome (resized).jpg

I have gone down a deep rabbit hole, and have learned pretty much everything about NFTs. Well, almost. For the last couple of years, I've been avoiding NFT's. Or I guess just ignoring. But as a designer, something sparked in me a couple of months ago and spent way too much time figuring them out.

In a way they're cool. In another way, they're stupid frustrating when you see people making millions off of cheap illustrations. They're like digital trading cards. Some are common, some are "Rare."

I think we're still in the beginning stages of NFT's and they aren't even being used the way we'll use them 10 years from now. Think of NFT's like digital fingerprints. Something that can identify ownership of a digital file. We may soon be able to purchase and re-sell music or movies. And NFT's allow for the creator to get royalties from reselling, something studios have hated about resell shops.

And who knows, we also may be able to track ownership of physical goods too. Think deeds to land or house. Cars, etc. It could be more secure than the paper trail we leave today will all those transactions. Again, still all early. But could change drastically in the future.

But, if you're currently into NFT's, I've got a couple of things right now. Cassette tapes and my Medium format film photos. Note, if you purchase a Medium format film photo, I'll mail you a 14in x 14in physical photo.

Cassettes: https://opensea.io/collection/crypto-mixes
Medium Format Film: https://opensea.io/collection/developed

Good luck. My biggest headscratcher of the current craze is what pops and what doesn't. I get that art is subjective, but...wow.

Yep. Being a designer for the last 20-ish years, what's gong on with NFT's is exactly what I've seen throughout my career. And the only explanation I have for it is everyone is in this giant lottery pool, and the universe hand-selects those who instantly get what they want. I've seen designers work their ass off creating a product, promoting it, and get nowhere with it. Only for someone else to do something similar, make one random comment about it, and boom, instant fame.

These last two months I've been inspired by it all and deflated.

And to maybe better explain this, it's not that there are duplicates of the same image, its that each image can be individually traced. Like DVD's at the store. They sell multiple copies of the same movie. Multiple people can own them. I too thought that NFT's meant that they had to be completely original from one another and the original atwork. Not the case. Again, think of NFT's like movies. You may own the movie. But you have no rights to it. You can't reproduce it. You can't re-edit it and resell it. You can only resell the item as is, like you got it.

It's a way to create rareity. So someone could come up with a series of Designs. They may have a basic design and have 100 of the same thing available. Then they may add a variation of another with only 20 available. And then, they may do a 1 of 1 variation of it. So obviously the value of the 1 of 1 will be more than one of the 100's. Like trading cards and foil versions.

Just depends on how people want to sell their NFT's. And each one is technically "serial numbered" so #0001 could technically be more valuable than #0100. Just depends.

Imo the most important aspects of an NFT is A) the community B) the utility.

Why do you all want to own a receipt for a jpeg?

NFTs and Crapto are complete garbage. They are literally unregulated scam ecosystems that play on the weakness of gamblers and get rich quick suckers.

Strong disagree.
The jpeg is equivalent to a stock certificate. It’s not the jpeg that brings the value (most of the time) it’s the smart contract code attached to the token that brings the value.

Obviously a secptic and has only formed an opinion from looking on the outside. Much like how my dad assumes that you'll instantly be murdered if you step foot in Chicago, Detroit, New York, and LA.

I thought the same thing about Bitcoin when I first heard about in around 2010. And it's still around 10+ years later.

Potientially risky. Yes. But disappearing. No.