this post was submitted on 03 Sep 2024
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[–] breadsmasher@lemmy.world 238 points 2 months ago* (last edited 2 months ago) (30 children)

The first hardware that will be actually using it is the SuiPlay0x1, a strange looking and sounding web3 / blockchain handheld.

Oh dear.

[–] SatyrSack@lemmy.one 66 points 2 months ago (18 children)

SuiPlay0X1 runs Playtron's device-agnostic gaming operating system, enabling gamers to play both Web3 and Web2 games across PC and mobile.

GamesBeat have some more details, noting it will have "native Sui blockchain integration via zkLogin and Sui Kiosk SDKs, enabling asset ownership directly connected to a device’s account system for the first time in the gaming industry

What is a web3 game? Something that allows you to grind for NFTs?

[–] RoyaltyInTraining@lemmy.world 27 points 2 months ago (1 children)

Web 3 games are simply ponzi schemes hidden behind a super grindy game. As far as I know, none of these games actually produce anything of value from the labor put into them, so the payouts must come from new money entering the scheme.

Yep, they literally cannot work any other way than as a ponzi scheme. Because the people "earning" want to take more money out of the system than they put in, and the company is taking money out as well just to keep the game running and the employees paid, as well as to make a profit. So you need substantially more suckers buying into the system than the money that is being paid out.

Eventually, somebody is gonna be left holding an empty bag.

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