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TitanReach Suddenly Ends Development, NFTs and Crypto Were Goals For Its Future | MMORPG.com
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TitanReach Suddenly Ends Development, NFTs and Crypto Were Goals For Its Future | MMORPG.com
TitanReach has shut down for good. Square Root Studios has also closed, with revealed plans for the game to heavily incorporate crypto and NFTs.
Comments
Go rot.
Adios.
But based on their implementation it just doesn't sound like they really understood how to monetize that aspect, which is pretty easy tbh. If any clown could fleece a bunch of "crypto investors" with a rug pull it should be extremely easy for a legit project in the space to find funding. Something ridiculous must have happened.
Logic, my dear, merely enables one to be wrong with great authority.
Your insight might be painfully close to the truth without realizing it. I wonder if they tried to invest in the market for a little venture capital and instead got scammed or just lost their shirts in one of the recent crypto crashes.
Yes.
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
Was that a lie? Or did they do exactly what they said they will not do and just pocketed the money and closed the game?
I mean in both versions they are major scumbags
From my viewpoint, both.
That said, it's obvious from the developers comments that the focus was on building a game around a monetization model as opposed to building a great game coupled with an effective means of supporting said game. Granted, a game has to make money in order to survive, but putting the money first and foremost is akin to putting the cart before the horse. It does not matter how well the game is monetized if the game is not worth playing. If it was a good game with solid development, it could have been published with a different form of revenue generation.
The crypto/blockchain/NFT apects would have turned me off, even if it had managed to make it to publication.
If you are looking for an old-school indie game with a Runescape-like theme and an honest and understandable means of generating revenue, look up Villagers and Heroes. It might not suit your tastes but you won't get taken to the cleaners. On the other hand, if you have dreams of making money by playing games, I don't have any advice for ya. That's not why I play games. Games are supposed to be for the fun of it.
That vid is a must watch. Feel bad for andre.
Followed by an explanation of their concept which is the same as all the others.
"I am my connectome" https://m.youtube.com/watch?v=HA7GwKXfJB0
When will people learn that like the stock market, there is nothing reliable about speculative investments.
Video games shouldn't even come into that equation, but somehow, they do, and have, and everyone involved suffers, except for those who know exactly what they are doing and are the one's causing the damage when they cash out.
Fishing on Gilgamesh since 2013
Fishing on Bronzebeard since 2005
Fishing in RL since 1992
Born with a fishing rod in my hand in 1979
During the Superbowl some company's ad offered a free wallet with $25 in crypto which saw it's web site crash from the huge number of fools rushing to sign up to part with their money.
A couple of months ago my normally practical daughter told me she "invested" $50 in some junk crypto and it had already "appreciated" to $65 or something.
I asked her who she had her wallet with and she said, "wallet? I dunno."
Went down hill from there, I asked her to please stop doing this until she /we had a chance to do more investigation. (Her fiance was chomping at the bit to "invest" a couple thousand into it.)
I sure hope they listened....
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
Last I checked they only traded bitcoin, litecoin, and ethereum.
People still see every cryptocurrency as some sort of investment, but that's really not what a lot of them are. Many of them are platforms with a purpose. Some aren't even built to appreciate in value.
/Cheers,
Lahnmir
Kyleran on yours sincerely
'But there are many. You can play them entirely solo, and even offline. Also, you are wrong by default.'
Ikcin in response to yours sincerely debating whether or not single-player offline MMOs exist...
'This does not apply just to ED but SC or any other game. What they will get is Rebirth/X4, likely prettier but equally underwhelming and pointless.
It is incredibly difficult to design some meaningfull leg content that would fit a space ship game - simply because it is not a leg game.
It is just huge resource waste....'
Gdemami absolutely not being an armchair developer
Are you speaking another language, Greek perhaps?
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
When ever you see a crypto guy start off their response with 'Just Imagine'.. that should give you pause right there. Oh when they say 'most outsiders', giving the impression that they are in on something you aren't.. kind of makes you want to buy in right? hmmmm, you should have alarm bells going off.
The reality is it's not technically a Ponzi scheme because you don't have a person guaranteeing returns on investment. It's much more similar to a penny stock Pump and Dump scheme... which is why NFTs all of a sudden because the trendy term last year.. NFTs are being used as the Pump.. buy this worthless piece of digital art for 20,000 and let's do the biggest media/social stunts to get people to want to buy NFT items.. using their currency of course... that is how they are pumping up the value. When the dump comes.. that's when things are going to get really bad.
The big problem though is that it represents a negative sum game.. in that way, it's actually worse than a Ponzi scheme. When the Dump comes and everybody realizes that the cypto they hold is basically worthless.. who are they going to sue? There is nobody, the early sellers will be gone with all the money leaving people with nothing. At least in a Ponzi scheme with ole Bernie people could sue him and their family.
And to be clear, if you don't understand this stuff that's perfectly fine.. just don't fall for the hype and this trap. Keep your money and if you want to invest it's easier than ever to invest in a valid market using valid companies.
The only thing right about your post is that if you don't understand blockchain and crypto currencies/tokens and crypto assets, you shouldn't be buying into them. Apart from that advice, your understanding is based on media uproar that isn't indicative of the big picture of the tech.