Comment by jonwalch
4 years ago
I don't think you're missing a ton. Getting game developer buy in is definitely the biggest challenge.
I think "GameFi" is the most compelling use case. Use your in-game items (NFTs) as collateral for a loan, or lend it to other players to use while you retain ownership. Game devs could build all this functionality themselves, but they get it for free if they don't take the walled garden approach.
You say free but they'll need to integrate with the chain for all transactions. Simple loot drops will need to be put on the chain. Seems pretty onerous compared to the normal implementation. Odds are they would need to duplicate all the functionality in game as well.
My bad, I assumed we were already talking about on chain games. I agree that on chain loot drops are more difficult to implement than the traditional way. We'll have to see how much gamers in the future care about their items being NFTs or not.