https://x.com/internetphysics/status/1903546647704952967

cant shake the feeling there is a lesson in how lootboxes turned videogames from entertainment maxxing to extraction maxxing

the lootbox innovation made the entire vidya industry significantly worse off and it has yet to recover, likely never will. now we wade thru slop to seek gems where the creator (or shareholders) didnt succumb to max-extract and had a different moral compass or goal for their audience

yes this reads a bit 'rah rah big corpo bad' but for games that, almost overnight, became true w very few exceptions

everyone figured out the easy way to maximize revenue and users (more users good right?) was to turn users into gambling addicts

some reject it, and continue to make incredible gaming experiences (often rewarded by heaps of cash), arguably keeping the industry and its culture alive -- whos doing that in crypto

Every app will have a wallet
Every asset will be a token

it's that simple

@lay2000lbs Every user will be a gambling addict

cofounder @canvas, prev @common, raymond.xyz

could say tcgs and trading cards are the precursor to lootboxes but the digital aspect ramps up the max-extract angle more than physical cards ever could (despite hasbro rly trying their very best)

sometimes people i know ask “what if fast blockchains existed before the  internet”

but “what if lootboxes were invented before everything else on the internet” seems like a good perspective here

Founder @ /atrium  (atrium.art) . Making nouns.movie ⌐◨-◨

yeah i mean crypto as a medium is so native to gambling/extraction/lootboxes that it really takes a herculean effort to go down a diff route

hard to name any. 

crypto rentseekers are much better than their non crypto counterparts but soon this will change as meaningless tokenisation with infinite inflation accelerates, making retail crypto environment even more worse than it already is.