If the game or navigable virtual world already existed, I would just sell that directly, and charge an undiscounted-for-risk access price. So if it cost 0.01E to collect this map now, perhaps access to the game would be worth much more...if it happens.
Conversation
Setting aside goodwill/support/patronage aspects, there's probably a way to price an NFT as a sort of hyperlocal option, based on what you know of the creator. For this map for eg. it would be worth much more if Dan and I had a history and track record of making 3d video games.
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But there’s other valuation signals. For example the Loot project is just lists of gameworld objects. Even knowing nothing about future games that may/may not be created, you know rare items across lists will be worth more. And this is exactly how market priced Loot.
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In the case of the maze, you might guess that prominent locations on the map might be worth more. Even if unassigned initially, chances are we’d do something like allocate more valuable real estate to people who paid for higher levels of tokens or bought in earlier.
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Note… I am NOT promising to do any of this with the map. I might do nothing besides write some more blog posts about it. Video game projects might start and fail, or fail to start. But the information revealed along with the NFT is a pricing signal fir *whatever* happens.
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So when you buy a “serious” NFT… one that’s more than a pet-rock collectible and shows signs of future generative evolution, you buy a stake in the *realized* future.
Of course this doesn’t preclude wysiwyg art valuation, but the generative direction is more interesting.
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So NFTs are fundamentally social. One-offs are less generative than collections (or more generally, meaningfully decomposable things). The non-fungibility creates a locus of value, the collection creates a context of value, and the undefined future is the risk/reward space.
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Replying to
NFT question:
Why do people refer to the art as the NFT, when the link on the blockchain is what’s an NFT, while the actual digital art is fungible?
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Even the people who are all-in on NFTs talk up the value of the digital art. I think it’s a harder sell to convince people that it’s the *link* to that art that’s valuable, rather than the art itself.
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Yeah, that’s where while you can definitely make money in NFTs, and theres legit value in NFTs outside of digital art, the current NFT digital art market seems inherently get-rich-quick/scammy
I do appreciate this thread for going into other areas of web3 in detail, learned lots

