Comment by puranjay
5 years ago
Well, the good part about these metaverses is that they can actually create an income for people who own this virtual land/resources. I personally know people who earn a substantial income from owning land in games like MegaCryptopolis.
I understand the skepticism, but to me, it seems like a better model than you paying a video game developer for virtual resources and getting nothing in return. With these metaverses, you at least get to own the resource and perhaps even make money off of it.
You don't own the resource, just a ticket for it. Ownership doesn't keep the servers up.
If you can trade it, keep it in your own wallet, transfer it across accounts, that’s ownership. These are all ERC-721 tokens so they are under your control at all times. The servers can die but you can always still interact with the smart contracts and sell it on any marketplace.
Happened with a lot of older NFTs like Cryptokitties and CurioCards. The old servers died but you could still recover the tokens through smart contracts.