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I don't necessarily believe in MOASS happening anymore, but I do have a strong believe that introducing an NFT marketplace and what else GME has in store will m

I don't necessarily believe in MOASS happening anymore, but I do have a strong believe that introducing an NFT marketplace and what else GME has in store will make sure the long term view for this company is optimistic. Wallstreet might have "won", but it seems that SEC is introducing new bills to prevent some of the stuff that was going on.. Hopefully they will start enforcing it as well.

odonnellryan 5y ago
Why will an NFT marketplace do any of those things?
- SteveNuts 5y ago
  Valve essentially stopped making games because selling virtual items is so insanely profitable. Being able to sell digital rights to items and then take a sellers fee no matter what platform that item is resold on later could be a huge deal, if that's what they're building.
  - spywaregorilla 5y ago
    I wouldn't agree with that, but even accepting that premise as true, why would gamestop be in any position to benefit from this? If you're, say, activision, why would you possibly sell your digital content on gamestop's platform where you owe gamestop a cut rather than on your own platform where you get the cut? Why would you put it on a blockchain at all? Just use your own boring db.
    - odonnellryan 5y ago
      More than that, it is taking a decentralized tech and centralizing it. The point of this benefitting GME is because it would be a market they absolutely control (so they can get a cut of the profits). What's the point of a crypto tech in that case?
  - odonnellryan 5y ago
    You can do that today, NFTs don't give you anything except memes and complexity. What do NFTs give GME that companies like Valve aren't already doing?
shlant 5y ago
a company shoehorning in NFT's is not a "long term" plan, it's a dying brand capitalizing on the latest craze that will almost certainly die out alongside it.
- MomoXenosaga 5y ago
  Precisely. Many, many retailers have gone out of business in my country in the last ten years and a lot of them died painfully. Trying desperately to turn things around- unsuccessfully.
SketchySeaBeast 5y ago
A more jaded individual would see the introduction of elements like an NFT store to be less long term planning and more capitalizing on its new fan base which is heavily jaded with the current system and so prone to accepting opportunities to upset the market, regardless of actual merit.

odonnellryan 5y ago

Why will an NFT marketplace do any of those things?

SteveNuts 5y ago
Valve essentially stopped making games because selling virtual items is so insanely profitable. Being able to sell digital rights to items and then take a sellers fee no matter what platform that item is resold on later could be a huge deal, if that's what they're building.
- spywaregorilla 5y ago
  I wouldn't agree with that, but even accepting that premise as true, why would gamestop be in any position to benefit from this? If you're, say, activision, why would you possibly sell your digital content on gamestop's platform where you owe gamestop a cut rather than on your own platform where you get the cut? Why would you put it on a blockchain at all? Just use your own boring db.
  - odonnellryan 5y ago
    More than that, it is taking a decentralized tech and centralizing it. The point of this benefitting GME is because it would be a market they absolutely control (so they can get a cut of the profits). What's the point of a crypto tech in that case?
- odonnellryan 5y ago
  You can do that today, NFTs don't give you anything except memes and complexity. What do NFTs give GME that companies like Valve aren't already doing?

shlant 5y ago

a company shoehorning in NFT's is not a "long term" plan, it's a dying brand capitalizing on the latest craze that will almost certainly die out alongside it.

MomoXenosaga 5y ago
Precisely. Many, many retailers have gone out of business in my country in the last ten years and a lot of them died painfully. Trying desperately to turn things around- unsuccessfully.

SketchySeaBeast 5y ago

A more jaded individual would see the introduction of elements like an NFT store to be less long term planning and more capitalizing on its new fan base which is heavily jaded with the current system and so prone to accepting opportunities to upset the market, regardless of actual merit.