The Disastrous Failure Of Neopets NFTs
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- Опубликовано: 17 май 2024
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Today, let's dive into the complete disaster that was the Neopets NFT launch. Did anyone want this? No! Did Neopets manage to alienate literally all of their fanbase? Yes! Was it all worth it? Probably not! Why does disaster, controversy, scandal, drama and embarrassment haunt Neopet's every step? Let's find out in today's video, the story of the doomed Neopets NFT launch.
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❤︎❤︎ MUSIC ❤︎❤︎
Petz Catz 2 OST
LuKrembo
❤︎❤︎ CHAPTERS ❤︎❤︎
0:00 Introduction
2:24 What Are Neopets/NFTs
7:38 A Doomed Announcement
13:24 Controversy
19:34 The Trashfire Continues
27:26 The Disastrous Launch
❤︎❤︎ DISCLAIMER ❤︎❤︎
All credit goes to the musicians and composers! This video is not meant to target or harass any person. This video does not condone or encourage anyone to harass or contact any person or persons discussed in this video. This video is purely for entertainment and informational purposes.
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First furry
at 18:26 one of the discord usernames is uncensored. Just thought you should know
@@ventiph4704 yeah yt is just processing the blur now! That one second of the censor missing was something I originally fixed in premiere before I uploaded but for some reason the final version uploaded with a ton of small edits gone and no music for the second half :(( thank you for letting me know !
I hope you discuss cookie run kingdom potential use of nfts
@@Izzzyzzz I love your hair 💕💕💕
The words “Neopets NFTs” has already slapped me in the face, killed my mother, and stole my car, and I haven’t even gotten a minute into the video.
This comment reminds me of im in my mom's car vroom vroom
@@asapling get out me car
For me, they spit in my momma mouth, snapped my grandma's neck and robbed me of my money and my truck
@@yourfriendlyplaguedoctor6516 aw
For me, they threw my horse into a giant metallic fan while singing the hokey pokey upside down, then skinned every single one of my friends & family members, cut off my legs, stomped all over the street I live in with its Godzilla sized feet, & turned my lungs into stone.
"Solana is more environmentally friendly than other blockchains" is like saying "nicotine is healthier than crack cocaine." It may be _technically_ true, but neither one is actually good for you.
It's not even technically true; Solana just buys carbon credits from other shell companies who don't actually have any footprint. They're literally just as dirty as every other source.
@@Orochistorm Ah, so it’s sort of like auto manufacturers and electric vehicles. They just buy credits from Tesla.
She actually misrepresents what the author in the article about Solana's energy usage says. The author was actually positive about Solana stating it's reported at 1200 KW annually (Average household said to use around 6000+ KW annually). However we don't know for sure exactly about Solana's usage but it is believable because how Proof of Stake protocols function, no mining by computers is actually done and is therefore extremely negligible power usage to maintain compared to Proof of Work what Ethereum uses which mints most NFT's right now. Good to read the actual article to find out yourself
It reminds me of the whole thing with vapes and people thinking they won’t hurt you just because they’re “not as bad for you as cigarettes”
To be fair tho anything you buy will consume energy to produce. Solana and other blockchains will often not require more energy than other stuff you buy required. It's a luxury like most of the shit is we buy sadly
NFTs are weird cause they're basically just low-quality deviant art adoptables for mega rich people, which is crazy because good deviant art adoptables are already for rich people
Lol, that's what I was thinking, it really is like adoptables, but "legally" legitimate ig??
See, this is why dA old heads and furries understand what's wrong with NFTs and the crypto "metaverse" stuff on an intuitive level that most crypto stans who've only interacted with the squarest parts of the web just *can't.* It's all been done before, but without the environmental devastation and with a lot more basic functionality and utility, for literal decades.
Which destroy the environment
Does that make the nft target demographic the *really rich* 🤣
So, their standards sunk lower?
The idea of NFTs being “one of a kind” is extremely funny when you see that theyre literally the exact same template with ugly clothes and hair drawn on top
Lol plus you can recreate them on 3 fansites plus Neopets itself lmao
@@buddywriggles And Hell, even with the ugly ass monkey ones, people have literally made templates for them on sites like Picrew that look pretty much indistinguishable from the actual thing.
IKR? Just go to freakin' picrew and press random and keep whatever it gives you, at this point.
I laugh so hard, it's clear the ppl who buy these aren't artist and have shitty taste
Plus you can just fuckin right click and save as lmao
I don’t like how people are trying to make NFTs “mainstream” when 90% of people never had a cryptocurrency in their life
I think 90% is way too low
@@amerashi1111 Yeah, it's probably more like 99.9% of people if not more.
I don't like how people are trying to make NFTs
Thankfully, it's failing miserably (AFAIK) since it's obviously terrible for anyone that hasn't exchanged their eyeballs and brain for cryptocurrency.
It's dumb if you know nothing about it and even dumber once you learned more.
@@whyccan9063 i don't like NFTs
NFTS aren't even the art piece itself they're the 'token' proof of 'ownership' or 'authenticity' you aren't even buying the artwork you're just buying a receipt that took a shit ton of power to print saying that you own the drawing, even though you really don't in any legal capacity
I’m honestly convinced NFTs are only as popular as they are for two reasons: people don’t actually understand what they’re buying or they’re using it to launder money.
@@fullmetalanarchist6521 honestly you could say that for a lot of crypto currency stuff lmao.
It’s not even really a drawing is it? It’s just a few pieces of beep boop computer code spat into an algorithm that started as a little picture.
NFTs are environmentally harmful Adoptables basically.
@@fullmetalanarchist6521 oh definitely it's a money laundering and tax evasion scheme. That's why crypto people are protesting on Twitter the new IRS rules that make crypto taxable and makes you have to deanonymize your crypto wallets
reddit and 4chan dudebros will make fun of tumblr teens for shit like dash con and ms officer and mr truffles and then spend their life savings on randomized pictures of neopets
Yeah FR
dudebros will call neurodivergent queer kids "cringe" for having colorful picrew profile art while waltzing around with the most embarrassing NFTs
@@consentclub8431 at least some of the picrew pics are cute, the ntf bros are just shit pfps 💀💀
@@consentclub8431 exactly, I get made fun of for using picrew and gacha club cuz I need some sort of character reference for my story's and art, meanwhile the same people are walking around with nfts thinking they are cool
I smell stinky double standards from those "edgy" dudebros.
“You know it’s bad when NFT bros… are backing out of the project.”
It’s not possible to overstate how astounding that truly is. One of the core tenets of the crypto community is, in the words of Dan Olsen, “a form of toxic positivity” where any semblance of skepticism or criticism of a project, from innocent and perfectly neutral questions about feasibility to pointing out obvious red flags, is labeled as FUD (fear, uncertainty, & doubt) and positioned as a symptom of weak will at best and a dishonest attack on the “credibility” of the “metaverse” at worst. For *those* people to say that a project - any project - looks unpromising… is a miracle in its own right.
The more people explain NFTs the more I realise it’s just the beanie babies craze but for every beanie baby you buy you light a tree on fire
At least you can still physicaly touch that old dusty beanie baby and its actually physicaly yours - not like "right click" screenshots with a "digital signature" lmao. Its like - somehow even worse. I can at least give a beanie baby to my baby cousin to play with...💀
More than one tree :-(
Yeah except its more like a couple acres of forest on fire instead of just one tree. fuck NFTs for real
at least beanie babies are cute, they're phyically there, and you don't freaking melt the polar ice caps every time you buy one.
Beanie Babies were dumb but relatively harmless this is nasty.
NFTs be like: this pic goes hard don't screenshot
And then the pic is the world’s ugliest picrew
@@NeuroticBotanist ikr, people really think they're going to profit off some ugly and cheaply made "art".It makes me sad tbh,to nft collectors art is just something to own and show off
Most nfts look like they would be from an adult cartoon thats just a ripoff of family guy.
The others remind me of elsagate...
Fun fact, some NFTers have actually STOLEN other people's arts to "mint" their NFTs. Then find out that making a picture an NFT does NOT give them ownership rights to the right. And in fact allows the original artist to sue them/DMCA them, making their NFT more or less worthless.
@AethernalVoid I know. I think I actually saw a tweet with him trying to buy the rights for the art used from the original owners.
What makes NFTs even more hilarious is when you realize they are not even buying the art. They are basically buying a receipt that points to a hyperlink that can be literally anything.
[[ HYPERLINK BLOCKED ]]
But seriously, why do these receipts with the face of awful art still get bought?
Stupendium reference? @@aster-tale
I'm a digital artist and I've encountered other digital artists that mock me for taking more than a day to complete a commission. As one said to me, (I'm paraphrasing here, it was a while ago) "I just practiced drawing one pose over and over until I had it perfect, and I can finish 5-10 commissions a day using that template. There's no reason it should take someone weeks to finish a drawing, just focus on doing one thing really well and you'll make a ton of money." I cannot bring myself to do that as an artist. Where is the uniqueness and the creativity? I would hate to draw the same thing over and over with just little changes made to it. It feels like I would be cheating my customers out of their money. I don't think I would be able to enjoy drawing art if I limited myself to one pose. That sounds so boring. It's the same with these NFTs. They are all just the same pose, super boring visually to me. One of my friends tried to convince me to make my art into NFTs, and I shut that down immediately. It's just another fad that'll fizzle out. I haven't been paying much attention to the NFT market, but what I have heard from friends is they are not as trendy as they used to be. I think that's a good thing, but maybe I'm wrong, maybe super environmentally unfriendly NFTs will start exploding in popularity again. We'll just have to wait and see.
Jeez screw that guy. If I learnt I'd paid someone to draw me something that he's drawn over and over for other people I'd be pretty peeved. You do you man quality over quantity
If i paid for a comission and learned it was done on a template i'd be so angry.
*not including YCHs...*
I have a lot of respect for you. I commissioned a dragon from someone (part of a story I'm writing) and if I found out it was a single pose and they'd just slapped the requested features on top, I'd be... put off, to say the least.
Not to mention it took a month to complete, so I'd be pissed off for that reason too.
I appreciate your artistic integrity, but if you're making cheap, fast art, I don't think you should worry about cheating customers out of money. Some people legitimately want a customised template. As long as the price reflects the work put into it, you shouldn't feel so bad about people paying for something they would want.
In saying that, I feel like it's dishonest to not say that kind of thing upfront to customers, and if you were to put a premium price tag on it, that would just be disrespecting the time artists put into unique work.
i saw neopets and NFTs in the title and clicked in 0.002 seconds flat
Omg hey Joshua! Cool to see u here lol
same except i didnt even get to ‘nfts’ i just clicked when i read neopets
3rd reply on a verified account’s comment
Okay
I was expecting a Coffeezilla cameo, at one point in this vid.
Idk why anyone would buy an ugly NFT when they could just buy adoptable character designs. Many adoptables allow the buyer pretty much full ownership of the design, and there's proof of ownership without having to use dumb stuff like blockchains.
It’s not about the art, it’s about having an asset with prescribed value to pass off to another person in hopes of making a buck.
Because a lot of these cryptobros dont actually have the money they claim to. They invested 2 dollars into crypto and now believe they have $2000 to spend when in reality they have -$2. They cant buy real art with fake money.
good points
because they want to be a part of something without looking like a furry. while then buying...really gross looking furry art.
i wish I could make it make sense.
the reason people buy nfts is because of the resell value. they don't care about what it looks like. this comment is just a fundamental misunderstanding of what nfts are is and its kinda funny, if you think crypto bros would give a fuck about sparkledog furries you're living in a different world from the rest of us
"Trying to relive my childhood in the metaverse" is one of the most pathetic and sad phrases I've ever read
"The Neopets Metaverse Discord"
A very powerful combination of words, I knew what was about to unfold would be horrendous.
The fact there’s a NFT thing called horny hedgehogs is making me lose my mind. Is it just recolored hedgehogs that are horny? Cuz uh the sonic fandom has been doing that for decades now, for free lol
...We could totally recruit a lot of chaotic good Sonic fandom guys for this. They'd do it. If only for the trolling.
Cryptopunks started this dumb profile picture NFT trend in 2017. Bored Apes started the animal profile picture trend this year. Lazy Lions started the alliteration trend. Now we have Horny Hedgehogs. 😫
True.
the official sonic media does that at a small fee. havent you seen the comics
@@iwakeupandboomimarat HELP
"You managed to find a worse partnership than scientology"
That line killed me
Same 😂💀
Genius.
Pahdusihwyehd
Same here lol
it killed all of us
Apparently, NFTs were intended to combat piracy by discouraging counterfeiting.
And what happens instead is that it encourages counterfeiters to find a way to circumvent and exploit NFTs to their advantage and amusement which, in this case, they succeeded.
The Lesson here is: You cannot fight criminals without the expertise of criminals.
I was thinking no good deed goes unpunished but your moral suggests at least some hope for humanity.
@@daniellegroves4830 It's said that the CIA (secretly) employs professional hackers because it won't do any good for the sake of Cybersecurity to put those people in prison as their knowledge would end up going to waste.
The dumbest thing about that is that NFTs have been picked up by the crypto-currency crowd who are against regulation. Circumventing counterfeiting needs a regulatory system to exist.
Otherwise people can mint NFTs without actually owning the art, and make multiple NFTs of the same piece of art, or have the link broken by the web host/someone with permissions on the web host because the people actually hosting the data for the art are not in cooperation at all with any of these NFT systems. These are all things that happen to NFTs all the time.
NFTs are being rendered functionally useless by the people most eager to use them.
Not to mention the amount of art theft happening where someone's art gets turned into an nft
Not a single person today has exploited the block chains in a way to make your statement true.
NFT's are like a conglomerate of everything i hate. not art but trying to pretend it's art, pretending it has value when it doesn't, a ruse for illegal activities, a way to mock people with sense, a pyramid scheme, stupidly expensive, bad for the environment, OH-- and bait for 4 chan bros.
Literally NFT’s are straight from hell, how can one thing be so bad 😭
*ponzi scem
Something I recently learned about NFT's that makes it all worse: it's not about the art at all. It's about having a file with a unique serial number (the non-fungible part) that makes it valuable. NFT trading sites are rife with art theft and art stealing, to the point where some artists only mint their work to prevent it from being stolen, and even that hasn't worked since someone could just download the file and upload it again on the site, so there's two virtually identical works with different serial numbers that could be sold independently of each other anyway, regardless of who made it. It's not necessary to point out, but when Izzy mentions that people are touting the whole thing as "NFT's being the new digital art trade" it's not remotely true; nobody cares about unique or original art or even giving money to the artist for their art, just the serial numbers and the hopes that they can pass it off to someone else before it tanks in value.
It's not *like* a pyramid scheme, it's *literally* a pyramid scheme.
On top of that, I heard that it's really bad to the environment.
This and the environmental damage are the main things keeping me away from NFTs for now, because otherwise the concept sounds really neat for online and digital artists
@@silly_.rabbit2 yeah, she talks about that in the video
As I always say. NFT is just short for Nigerian Frince Tcam.
Hey, any of you guys interested in all this totally legitimate moon land I have for sale though?
You hit the nail on the head. NFTs are just adoptables 2.0. Now with more impending doom thanks to global warming. People were already making money off of stolen art, but never like this. And, at least if someone steals a person's art to make merch/prints/etc, the people were at the bare minimum appreciating the art. NFT buyers are not only morons, but they're also severely lacking in the whimsy department, or whatever part of the brain that allows a person to enjoy art. Literally the kind of person who would spend their last dollar on a tuxedo so they could look fancy.
The whole NFT thing on a kids website is so predatory, like bruh.
i mean it's not really a kids' website ANYMORE since the current fanbase is made up of mostly the child players of the original fanbase
@@molls127 that is true but enough kids still use it that the whole idea doesn't sit right
How is it predatory? This isn't a kids website, it was. Most of the players I know are 30+ years old. This is now an adult majority...
Why the fuck would anyone even try to market NFTs to children, period? Looking past the whole “children don’t have their own spending money” thing, they’re just begging for a mob of angry parents whose savings were suddenly dusted away by their kids stealing their credit cards to buy NFTs.
Please dont call those awful attrocities furry art. I garantee you all of want to be as far away in association as we can to NFT
The voice of the internet speaks as one!!! Well except for the crypto bros
I mean, it kinda makes sense though, and she wasn't linking the community to NFTs
it's furry art, it's ugly anthropomorphic animals
You know something is bad when even the furries are distancing from it
@@Burning_Dwarf true
The whole concept of fud is mind boggling. Caution and fully considering decisions are vital to spending money safely. One of the first things to look for with a scam is being pushed to do something immediately without considering it. Not letting people discuss the issues they're having or potential risks is so culty and dangerous.
Since the value of NFTs comes exclusively from people convincing each other constantly that they are valuable, any even slight amount of uncertainty and critical thinking could tank their value. I suspect the reason why it seems so obvious to us that nfts are a scam and worthless yet the people don't is because they have to forcefully keep each other from having that realisation and keep hyping each other up, or else the nft space that they sunk so much money and time into would collapse
considering yesterday was Neopets' birthday, this is quite the birthday gift lmao
IT WAS!? Shit! I forgot to get my goodie bag because I was at work! 😔
@@twilightsky1580 they also gave everyone who logged in 500NC lol.
a metaphorical bullet to the brain for the birthday it feels like
More like birthday grift, amirite
Me and neopets share a birthday i guess
Neopets is like that "friend" who you stop hanging out with because they've turned into such an embarrassment. But, then you remember the good times, so you decide to check in and see how they're doing. You hope they've gotten their proverbial shit together. The moment you step in, however, you are horrified (but not surprised) to see that they've gone and screwed up again. And, well, out the door you go until you either get nostalgic and start the cycle anew or you move on but hold onto the good memories.
Nah, they’ve turned into a dangerous meth addict.
THIS IS SO ACCURATE LOL
I keep making accounts and then eventually abandoning them for this reason
It’s like when you get a message from a dear high school friend and it’s asking you to join their pyramid scheme and if you say no they dox you.
God I feel that... just let me hold onto my fun memories please.
Also, sometimes you find yourself praying and asking your friend, who sadly passed away (Club Penguin) for advice and to know what to do whenever NEO messes up again.
If you're skeptical about where your money is going and the person's reaction is to tell you to "stop fudding (fear, uncertainty, and doubt)", you've made a good financial decision. It's basically saying, "how dare you question my pyramid scheme and not fork over the money". "Stop fudding" is a compliment.
As a digital artist, this whole trend has been incredibly frustrating to say the least.
Doppelganger but cooler
I love NFTs.
@@freezer.network9307L
Same here, not to mention AI art.
@@freezer.network9307L
Off topic I know, but I’m obsessed with this look. Izzy has no business making videos about internet happenings while looking this cool
I literally love all of her looks. They’re always so creative and pretty
I knew I wasnt the only one that was in love with this particular look
it's some damn good makeup work.
Pink pretty color :)
@@EmeraldArchive yeah the pink is very nice. Thanks for the wholesome comment Mr. Big Sweaty...
10:33 literally the embodiment of "we should change society" "yet you participate in society, I am very smart."
After you showed the other NFTS and the Neopets NFTs, I was thinking, “Why spend THAT much money on an NFT when you can spend it on commissions or YCHs?”
people would rather spend thousands of dollars for auto-generated ugly furry art sold by corporations or ppl who already have enough money to buy a small island (/hj) than pay an actual artist a couple hundred or less for art that's customized and actually looks good
"there's a homophobic slur that isnt censored here"
admin: ughhhh what am i supposed to dooo, if I have to censor it then i have to censor all iterations of itttt. that's too much workkkk
ughhhhh we already censored almost everything else without complaint but we can’t censor even the basic word for this slur that’s very offensive ughhhhh
I like that the response to ‘hey somebody said this slur can it get blacklisted’ was to essentially say ‘if we do that they’ll just come up with new ways to say the slur!’ Like how rancid does your community have to get-
it's sooo hard to make sure other people are respected :((((( plus they would call me slurs like crypto bro :(((((( /s
@@spockezri crypto bro is obviously the new f slur, of course /s
Most bots I'm aware of would let you blacklist one term to have literally every single word that simply _contains_ said term blocked automatically. E.g, you blacklist "fuck", then "fuckface" is _also_ censored, as would "clusterfuck". That mod's bot must be REALLY archaic if it doesn't let them do that.
It really hit home to me while watching this is that Neopets is still operating under the assumption that their user base is full of gullible, easily misled kids (I would know, I was one of them). Except the only people left are the nostalgia players who've grown up into artsy nerdy internet-savvy users who know NFTs better than they do.
Shit reminds me of Roblox profiting off of kid's hard work and paying then back peanuts
honestly yes, avatar and pet site games are sadly not as populair as it once was. I honestly doubt majority of kids nowadays even know of any.
But if they are under the assumption that there player base is full of kids, why would they market NFTs to them, something only older people would understands?
Unless its just an excuse to use Neopets as a front for a shady cryptocurrency market.
They taught a whole generation html, CSS, art, and bartering! They really shouldn't underestimate us
@@whitewilliam9786 It IS an excuse to use Neopets as a front for a shady cryptocurrency market!
as an animal jammer I- I thought NFT meant not for trade 💀
Same
@@RedMint_Tea sameeee
It can mean that again.
now it means both in aj...
How can you criticise NFTs without mentioning their worst quality, which is their attempt to create digital scarcity?
The concept of digital scarcity is incredibly scary. And its a tragedy that this is becoming an obscure talking point, when its the obvious worst thing about NFTs.
There is some argument for digital scarcity, though at least for the art community. The fact that digital content is so easily reproducible and has a viral nature on some level makes it hard for artists to claim ownership of their work or protect their work from thieves without relying on a brand identity or a base of well-meaning fans to police it. If you post artwork online anyone can take it and use it, and its an arduous and expensive process to prove this is an infringement on you legally because there is no system in place to easily verify this artwork as an original.
When you work in digital medium this kind of stuff disincentivizes people from actually paying for your work in the way that they would for a physical art piece.
I think this is what made the original concept for NFTs so appealing to artists before it was obvious that it’s a horrible pyramid scheme/money laundering/world-burning scam where people are just minting things for the sake of having minted things and no one actually gives a shit about ownership in any meaningful sense.
I mean another good alternative to NFTs could be people just valuing art more and paying artists more for their work so that lack of scarcity doesn’t affect their income, but naaah.
@@jjj7790 I am against intellectual property and pro-piracy. I think digital abundance benefits us artists more than it harms us. Most obviously, remix and derivative artists. But also obviously, having an incomprehensibly large web of other artists to enjoy and to take influence from. I think the idea of "the original" is overrated even in physical artworks, let alone digital artworks in which can be perfect copies of each other with no loss or degradation. Copying is not theft.
I also think people should value art more. I value art so much that I'm a communist.
@@WannabeMarysue I mean that’s all well and good, but it doesn’t help artists get paid for their work. And if an artist can’t make a good enough living to afford making art then they stop making art.
@@Cilibi but the issue with digital art revenue isn't theft (though that is an issue, don't get me wrong), it's the systematic devaluing of artists by sites like fiver which take advantage of young hobby artists who are willing to make art for very low prices, who then lower the monetary standard for other artists, including professionals.
This is only reffering to freelance, industry jobs are even worse, a revolving door of underpaid and overworked artists where companies don't care about the health of their workers because they can just replace them with the other desperate workers going to work for the handful of stable companies
@@WannabeMarysue
The way you are babbling on sounds like you want to removing the idea that people who create stuff don’t have a right to what they create. Which would be idiotic if that’s what you are suggesting. Communist teach the liberation of the means of production from the ownership of private individuals. Not the total abolition of ownership as a concept. If workers have no right to own their original work and the fruits of their production, then what exactly is the good of your system because it honestly sounds what we have now except there isn’t any companies or capitalist? It should be the goal of a communal society to protect the worker who makes an original thing’s right to to be the creator of that thing as much as they protect the rights of a remixer to their remixed thing. Otherwise it’s just exploitation under a different way of doing it.
Art is a deeply personal endeavor and I honestly believe that people have a right to own that personal creation and not have it be endlessly copied without at least a credit to being the original maker of that thing. Endless freedom to make endless copies of things is in no way the direction that will lead you to more of a plethora of new art. You may scoff at the concept of the “original”, but that only proves you don’t have as much of an appreciation to the creative process as you like to claim,
The only good thing about NFTs are that it’s one of those rare things that almost everyone agrees about. I’ve never seen Twitter as unified as it is when NFT comes up in conversation.
Thats an interesting observation. What a weird thing for people to unify over
And yet people fail to make the connection that NFTs are *just* the logical conclusion of the way capitalism defines value, so the issue comes from how incoherent capitalism is about these things.
@@FelisImpurrator o w n e r s h i p i f i c a t i o n of capitalism.
@@FelisImpurrator They're also emblematic of how Americans think capitalism should work for them. Invested money is work that creates value. This is a basic concept that even liberals agree on but it isn't actually true. Capital investment doesn't add value. You don't need people to do that. The government could. You could literally randomly distribute money and studies suggest it would be at least as effective as the stock market at creating value. NFTs are just the ultimate example of "investing creates value".
@@Demmrir "Job creators create the wealth! Also, don't dare take any money from job creators and don't let it trickle down into the company!"
Fun fact, most images aren't stored in the blockchain as they are much too large, so NFTs are usually hyperlinks. The creator of an NFT can change the image that is on the Hyperlink, without the purchaser concent or knowledge. There's already been scams where creators will do this.
Like the thing itself weren't already?
They alre also dependent on online servers with WILL eventually be closed since no server can keep running for a long time
Also if the owner of the server gets a copiright strike or he finds your nft offensive... Well you are fucked my friend
Imagine someone hacking OpenSea. These people thought they were owning pictures of auto-generated lions, but in reality they're all stuck with copies of Never Gonna Give You Up.
a family member i care about has fallen for this scam and it’s incredibly frustrating to watch. he stayed up all night to get one of the first ones during the mentioned drop. he’ll openly admit that he knows it’s essentially a pyramid scheme and then he’ll buy ANOTHER; he’s up to three now. it just hurts to have the same conversation with somebody over and over, where they know they’re being taken advantage of and continue to buy in. he said he’d done plenty of research before the drop and thought it would be a good opportunity to turn a profit, and seeing all the information about how shady it was from the get-go in this video has made my head hurt. it was easily accessible and the people who are being hurt by these scams will just overlook it. it’s depressing, really.
uhhh.... so how's your family member rn as of the decline of demand for nfts??? is he okay financially now?
@@julien4305 Im afraid not....
delete all of his NFTs
how did it end??
I've been working on a random pony generator of sorts, and I've come to find that it's really bad timing because people keep comparing them to NFTs (albeit jokingly). I now fear releasing it to the public, because while unlikely, I don't want people misinterpreting or misusing it.
The fact the staff was like “this sounds so stupid it’s gotta be a scam” and confidently telling ppl as such only to find out it’s not? Oof
Imagine being one of the half dozen people on the Neopets team and learning that Netdragon had set up an entirely separate shell company under your brand’s name marketing NFTs to people who are the opposite of your target demographic without so much as giving you any hint that they were doing anything
neopets: "No, thats not us. NFTs are a scam."
neopets: "Hey kidz ! Wanna buy some NFTs ?"
How mismanaged can a brand be that a project is launched without notifying the team in charge of the main product
@@handsoaphandsoap Reminds me of when I worked at starbucks. EVERY special drink sale (like the unicorn frap or an early xmas drink special) was news to us. We only ever knew from fb posts or commercials. And they never sent us enough product to last the entire sale... though I think that was on purpose. Sbux owners really like the idea of making people think something is rare. That's why they only send like 5 of each type of xmas tumbler to stores. The communication of the starbucks owners and the actual stores/works was trash. That was some years ago. I can only hope it got better.
At least when you yourself make something ugly on Neopets you’re able to get emotionally attached to it-
6:41
"you've never had low ball offers?" "how low are these balls in your jaws"
this screenshot truly. left me speechless
So, on that list of affiliated companies for Cherrypicks, my experience with some less reliable companies based in China has indicated that if they've ever talked to someone in that company, they often will list them. I encountered that with a new consulting firm that my client wanted to work with. The firm listed a company I'd worked with for years as a client, but when I reached out to that company, they said "we emailed with them once but never actually worked with them." They basically assume that no one is going to follow up with the listed companies and so will list giant companies even if they've never worked with them. It's not exactly laundering, but it's definitely a common way that companies try to show that they have a huge, and impressive, clientele and so are trustworthy when they are really new and have almost no experience. It's more similar to lying on your resume.
the only good actual art to come out of NFTs is the mosaic of a hand right clicking made from 10,000 awful lion pictures. you can't change my mind.
That's kinda amazing
They were all downloaded or screenshotted too I believe
the words 'Neopets NFTs' flashed across my screen and I instinctively and viscerally recoiled like someone had punched me in the soul
It’s nice to come back to this video knowing NFTs have burned and now most people don’t trust them or just won’t invest in them.
Someone stole my friends art, erased her signature, and made it into an nft. If you see a happy brown fox with missing teeth, black eyes, blue freckles, and blue hair anywhere is probably her fursona. Her name is ellie
NFT bros getting scammed like this brings me joy.
I wish all NFT bros a very loss of money and despair!
makes my day tbh
NFT's in a nutshell:
"Bro what if we spent millions of dollars and destroyed the environment, BUT we get haha funny monke png in return"
You get a receipt for the funny monke png.
That's even worse.
@@shytendeakatamanoir9740 you get the receipt for a funny monke png that looks like an actual monkey draw it
you basically get a receipt for a link to an public file on a not trustworthy (meant in reliability and availability) file sharing platform.
Here's to NFTs, they're slowly fading into obscurity as of today and ppl are jumping ship ♡
YAAAY!🎉🎉🎉
This didn’t age well
@@C-Midoriit did age well nfts have crashed and burned
The worst part I think about this is that the team pretends everything's fine and keeps saying that NFTs are going good and everyone loves them when there's OBVIOUS backlash everywhere
the best way to describe NFTs by saying its just like that service which lets you "Buy a star and name it after a loved one." You pay to have your name in a registry of a private organization that isnt recognized by anyone outside of it. It has the worth of trading cards; only what a collector is willing to pay, but no actual worth outside of collectors
Oh ew I just remembered there's a star out there with my dead name on it
@Goats thanks for the explanation!! I’ve heard so much about NFTs but still couldn’t wrap my head around them until I read your comment. Thank you for sharing!
At least the star had a physical presence in the universe.
and it burns a shit ton of energy to put your name on the registry
@@MmeCShadow hey now thats not fair, nfts also has that, just look at how bad they are for the planet
Collecting "rare and unique" NFTs
Spinda soulmates
FACTS shout out to my Spinda, Goggles
Facts
two shiny spindas
Don't care about neopets at all, never have, but the schadenfreude of watching crypto fails unfold juices my brain for every last drop of dopamine. So good.
Oh, and so cool.
I’m not shocked that they couldn’t even handle doing a scam correctly lol
This just seemed like a quick cash grab before abandoning everything
"you managed to find a worse partnership than scientology" is the funniest possible response who is that person i want to kiss them
amen
You don't really own the picture itself when you buy an NFT, you own a receipt, which says that you bought it. So in instances of art theft (people stealing artwork and making it into NFTs, which happens a lot), an artist can issue a DMCA takedown of the image and the supposed "owner" of the NFT can do nothing about it.
it's a receipt of the original copy of something digital from my understanding
so any copy made or screenshot taken is immediately not yours, as it is not the original
adding to what you said, it sound so pointless to me
@@Konpekikaminari NFTs would be so cool if you could actually buy ownership with them!!! Too bad its usually not set up that way :(
Unless the seller somehow has a contract that assigns the copyright to the buyer it is by default with the original artist (or the company that had the art made under work-for-hire). You can totally make a contract with someone where you stipulate its paid for by an NFT transaction and pray it holds up in court. You could even do that contract as a TOS with some checkboxes and hopes that works. But the strangest part is nobody is even doing that. You are usually just buying a reciept that contains a link to the image, not the image itself. Its like selling an NFT that links to this youtube video, the uploader can just remove the video, or someone else could use a DMCA takedown to take the link in the NFT down.
The problem with this is that lots of robbed artists are small ones who don't know how to DMCA or fear they might be in the wrong, so they just stop making art instead.
Not to say that there are reports of people quitting after they issue dozens of C&Ds to various NFT sellers, minority of them does anything and new ones keep popping up. Not everyone can afford proper DMCA notice (which usually assumes at least a cheap lawyer if you do it en masse and the culprits don't cooperate), sadly...
I'm so disaapointed in Neopets. I loved playing Neopets when I was a kid and would find myself returning to the site every once in awhile. And it's really sad that Neopets went down this road. I honestly didn't expect them to get into NFTs.
Just have to say that 3d printed chocolate is really cool as long as you don’t use bad chocolate. If your using the proper printers it’s completely sanitary.
I doubt these guys were using a specialized 3d printer though. They probably just 3d printed the molds, which can be done with pretty much any printer in a food safe material.
it's honestly a huge breath of fresh air seeing a content creator i like actively denounce nfts. it feels like everyone in the public eye is getting in on it without really knowing anything about it past "make money" and it's tiring
If you like this, you make like KiraTV. He has a lot of videos investigating NFT, cryto, and kickstarter scams, and it's amazing seeing them get broken down and called out as the crap they are
Honestly I hate NFTs for the sheer unmitigated gall of how annoying everyone is/was advertising them.
Everywhere I looked - hell, even Nickelodeon, whose ratings were already in the toilet, started pumpin' em out.
Back when I was little, wojak was called the feels guy and we used him to joke about being unhappy
Same.
How time flies
The "tfw no gf" meme, love how seriously they take it these days lol
God, I miss the days of rage comics.
Same. Got a little confused when she explained what it was. Guess I'm old now.
Better days. Amazing meme hijacked by incel lowlifes...just like poor Pepe...
I feel like NFTs are the official "I'm too old for this shit" moment for me and internet trends.
This is hilarious to look back on since the NFT market crashed spectacularly.
POV: You're Phoenix Wright trying to defend your friend from being charged with the murder of your mentor but the witness April May has launched into a tangent about Neopets NFTs in an attempt to run out the clock on the trial.
this is so funny
I'd leave, just out the door, just so I wouldn't have to hear about nfts again,
april may would do that
Seems more like a Richard Wellington thing to me.
Ace Attorney AU where everything is the same except instead of Godot being obsessed with coffee, he's a talkative NFT bro
All the evidence that they clearly don't care or even possess basic Neopets knowledge is both hilarious and absolutely infuriating. Unknowingly using the messed up Dimensional Kougra, continuously referring to the "Neopia community" instead of the Neopian community, using the term breed instead of species and skin instead of colour, the Wraith and Eventide pets being completely improperly rendered on launch, etc.
Part of me is glad the launch was a disaster and the quality was absolute garbage, but my heart still weeps. At least on the bright side I can't imagine them succeeding in their proposed forking of Neopia with this level of incompetence.
I participated in the protest, and I'm still not sure if I'm comfortable paying for merch and NC, but Neopets means too much to me to abandon it entirely. I feel like a naïve fool for wanting to give JS the benefit of the doubt in the past and believing that they cared and just need more time. It's extremely disheartening to see them leave the site to bleed all the features that made it so special since they acquired it while never seeming to miss a beat when it comes to pumping out new microtransaction items or merch, but I'll never give up hope that Neopets will survive and eventually thrive even if it never reaches the height of it's glory days. I've been waiting 11 years for a proper new plot since Faeries' Ruin and it makes me so happy whenever TNT shows they still care about the lore and characters.
This almost makes me glad they deleted my account. I had logged on every couple months over the years to play some of the games, and I felt a need to get back into it during Covid, but when I tried to log in I couldn't. Messaged their support and they said they had deleted my account due to inactivity... which was odd because it wasn't inactive, and, having played since basically launch, and no-lifeing it in grade school I had two exceedingly rare pets. Neopoint inflation is so nuts that creating a new account to play is a no. I was pretty pissed, but... I guess I'm glad I missed out on all this drama.
I will say that the business probably deserves to die at this point. I looked into the companies they "worked with" for this just a little, and even a light search reveals that those "companies" are absolutely scamming/laundering. There's just no way they don't know who they're working with. There's a number of things they could do to fix it up, I think, but the direction they're going, well... they basically admitted to only working on updates when they think it'll make people feel better about the scam they're running.
@@J_Lynn I'm so sorry that happened to you, that must have been devastating. I know how upset I was when I almost lost my original account.
I totally get not wanting to support them anymore at this point, but if you ever do decide to play again I'd be happy to send you a couple of high value items to help you get started. I can't imagine starting from scratch either.
But yeah, this whole situation and their overall management has been gross and I completely respect anyone who wants to turn away because of it.
@@J_Lynn the Neopets team doesn't delete accounts due to inactivity.
Accounts have only been deleted once in the entire history of the site. Often referred to as "the great account purge" during the launch of Neopets 2.0 back in 2005.
Someone lied to you so they had an excuse to close your ticket.
What was your username? I'm sure if you logged into a new account and searched for the old one, you'd find it.
I really hope someone else buys out the neopets brand that can do something fun with it. I'm baffled that they chose to do this instead of maybe making a mobile version. At least that would make sense for their desired fanbase. They could garner new fans through today's kids, maybe have a "nostalgia" section for people like me who played the original. Oh wait! My mistake, that would require effort!
This feels like they wanted to intentionally destroy the brand while making some shady money. Like setting their own house on fire for the insurance money. It makes me so sad, because it's not like there aren't a lot of good bones that could easily transfer to a new platform. My favorite thing about Neopets was always the stories, the fun reoccurring characters (Hannah anyone?), the comics. I had the PS2 game back in the day and I'm still impressed that they managed sort of baby's first ARG.
You had a wild run Neopets. RIP to the three separate accounts I made through my childhood.
i used to live w a guy who’s into nfts, and one day he had his pc set up and was minting nfts i think (you could see them all being generated) and now i’m realizing why the electricity bill was so high
he also tried to convince me to let him use my art for nfts bc “i would make money”…im 13, i was 12 then
I... I literally thought that NFTs were the tags in amiibos to make them work. That's an NFC. I am, in fact, a complete idiot.
You’re not the only one. Idiots unite ^^’
I’m the real idiot here, I don’t even know what an NFC is!! 😈😈😈
I've been playing Neopets since I was 7, last year I did my dailies almost every day, it has legit been a comfort to have the daily grind in there, it helped me organize and feel like I had my shit together.
But honestly with the whole NFT fiasco I feel bad logging back in, I don't wanna be a part of the crypto hype that is burning more energy than whole countries for fucking JPEGs.
Honestly I don't get the burning energy thing, it's not their fault a lot of that energy is coming from destructive sources, be mad at the freaking like, coal burning companies n stuff, yknow, the actual problem?
They're totally scams but the whole environmental part is a stupid point
@@dragonicbladex7574 we need coal companies but we dont need ugly monkeys 💀 coal companies are bad yeah, but damaging ecology by selling jpegs is worse because those jpegs are useless
@@dragonicbladex7574 why are we spending more energy than whole nations for Monopoly Money when the temperature's of earth keep skyrocketing, and how is this not a fair argument?
@AethernalVoid i mean kinda, but coal mines and factories give a lot of jobs and also - not all countries can give up on coal so easily, it is a difficult process. Crypto takes a lot of energy and ruins the economy, so do coal mines, but if coal industry stops existing too suddenly - a lot of people will be unemployed (and also there will be crisis) thats my main concern. We need to use more ecofriendly energy but some issues are more easily fixed like getting rid of nfts (or making them less popular or reducing the amount of them) so there wont be more damage from them
i love that the difference between right-clicking an image and buying an NFT is like taking a photo of a picture of a celebrity, vs owning an official signed copy of a celebrity photo. Right-clicking doesn't actually do anything to the "value" of the NFT. and yet NFTBros lost their shit anyways
It's like they think the value is in the art, despite the fact they clearly place no value in the art since they buy ones with such ugly pictures attached to them
That's actually really not a true comparison because by owning an NFT they don't actually own the drawing in any legal sense they literally only own an over priced receipt which is not the art.
it would be more like a crypto bro owning a photo-copy of a signed celebrity photo vs someone taking a picture of it.
If anyone wants to learn more about the garbage fire that is NFTs, I'd highly recommend Line Goes Up from Folding Ideas
Yk as someone who mods servers bigger than the discord they have , it’s so easy to set up bots to get rid of slurs, personally it took me and another friend of mine just about 45 minutes to blacklist slurs and all variations we know (for context I’m Hispanic and Bisexual so I took care of the f slur and slurs used for Hispanic people and my friend is black so they dealt with the n word and such)
Whenever someone gets around the bot it’s quite easy to just delete their message, give them their punishment and quickly get someone that can reclaim the slur to type it’s variation in the bot command
I'm so unsurprised that this is all Net Dragon messing things up. I worked for a company for 5 years that was bought by Net Dragon. They drove the company into the ground and caused all the best people at the company to quit
@@kellydaniels5594 Oh interesting. Ok so Neopets is gonna die. Fair enough.
There are also lists of these words that will self-populate into bots if you set it up right. They would absolutely include just about any slur in English. Yes, you have to keep up to date on new slang terms and workarounds, but, if you're modding right you're steadily building a blacklist of people who aren't allowed in your spaces who are the ones using these words and finding ways to get past the filter. Y'know, the rest of the basic setup for modding online spaces.
@@shupasopni honestly neopets is just on a downhill slope and we're all waiting for it to drown in the ocean of dead online kids games
What about anti Asian slurs? If none of you are Asian do you just let the server run wild with it because you can’t possibly type it out to put it in a chat filter?
I'm really thankful, and sad, that you're covering this. I've played Neopets for over 20 years. It meant so much to me. But seeing this whole fiasco was the final straw for me and a ton of other players. It's kind of heartbreaking to see just how bad the site got after flash died and them prioritizing weird scams like this instead of fixing the game.
And the weird nft bros in their discord calling people against them "poors"? Actually disgusting. They need help lol.
Right? Cryptobros really think they are gonna strike rich from 600000 dollar picrews 😂
Not only that but also being blatantly racist and homophobic... Those are the 4chan scum types and I hate how much notoriety such assholes have gained because their little speculation games are popular... They need to scurry back to the gutters of the internet where they belong
Crypto bros are the most pathetic and toxic people out there. I would feel bad about them getting scammed every week, but then they start slinging slurs around and I remind myself “oh yeah. These guys are scum.”
Imagine using "poor" as an insult.
How far from reality do you have to be?
@@shytendeakatamanoir9740 they're projecting, they are risking their financial stability getting fleeced constantly
> if we have to go through every single variation
breh as a former 4channer, the [f-slur] variations literally all follow the [adjective][f-slur] format. Just do some regex to ban things that end in [f-slur] and if you find some weird exceptions that turn out to be regular words just whitelist those, plus there are preexisting banned word lists out there
If you ever feel bad about yourself, just remember: there are people who actually pay thousands for an ugly randomly generated pic and a serial number that will never be valued by anyone 🙂
I think it was doomed to fail, the selling point of Neopets is you can customize your Neopet to your liking, while the selling point of NFTs is that they are unique and non-interchangeable.
God. This is waaay too close to home with the game I play rn, Cookie Run. They’re parent company is thinking about getting into NFTS and the community is in an out roar right now.
Great vid Izzz
I'm pretty sure they aren't gonna go through with it (hopefully) because of all the backlash
Considering they have nature-based cookies like millennial tree cookie in the herb cookie, you would think they thought about this more
wait where can i learn about it? i'm playing CR kingdom but never heard of any NFT connection?
@@SmoothBrainStuff considering devsis ended up pulling back an entire massive update adding and changing so much on ovenbreak after everyone collectively started getting so angry about it i have hope since they listen a lot more to their fans than most games (albeit the bar is definitely 5 feet under)
@depressed cockroach unfortunately no, they just put out a statement yesterday that was very empty and not very transparent about their practices
My brain literally can not comprehend the concept of NFTs
"The NFT company was found to be using stolen art for their backgrounds" is the funniest fucking thing. They make fun of people so much for saving these NFT photos and talk about how that's theft and completely bully the people who don't even do it but try to help these people not spend hundreds of dollars on a JPEG and then... they steal art??? bro
I wonder if the reason most NFTs are so ugly is because they want to stop us Rightclickers from stealing their silly hyperlink-receipt-representations
Cookie Run is also gonna be joining the NFT shenanigans 💀 They're still reviewing their decisions so I hope that they'll come out with a statement saying that they cancelled it soon.
Omg, I'm not even apart of the Cookie Run community, but I've been witnessing that shitstorm on Twitter. I really hope they don't go through with it
Cookie Run is a shit storm in its own right!
wait what
@@MEOWMIX3DS yeah devsisters said they were gonna sell the characters as nfts. now people are boycotting ovenbreak/kingdom and devsisters is trying to get their player base back lmao
yeah hopefully they cancel the idea from all the backlash
Despite their price I have never seen one NFT image that was even moderetly pretty, unique or creative
Should we fix our site and advertise it as a relaunch to bring back people who loved it as kids? No, no we should sell dodgy NFTs
yoo the "fudding" thing is straight up scary.
culty behavior.
a good analogy i read somewhere: buying an nft is like buying a piece of paper that someone wrote "i own da mona liser lol" on with sharpie. yes, the code is connected to a piece of art, but it doesn't secure any actual ownership rights. nfts fried my brain basically
The f-slur thing is incredibly...just yikes. I have no word to describe it.
It's amazing that they don't have time to update their website or make new games, but they have time to make NFTs.
NFTs are the ill-informed speculator boom of the 2020s. At least with earlier speculator markets, you had a thing that you could use. Beanie Babies provided you a plushie to cuddle when that investment's value tanked. Comic book speculators at least had books they could read after the market imploded due to mismanagement and a fundamental lack of understanding of why some comic books demand huge prices from collectors by investors as collectors were the people investors were going to ultimately sell their books too when they cashed out.
Not to mention that the carbon footprint of Beanie Babies or comic books is not only reasonable, but is also somewhat justified since the energy is being put into making the product itself.
The NFT market looks like a cross between the dot-com speculation boom and that Million-dollar website where advertisers buy some pixels to turn into links into their services. Only those aforementioned examples are much more tangible (unless the Internet Archive caches the direct links to the NFT pictures, which the bros would likely object to.)
True. NFTs are like... not intellectual property, but intellectual vomit.
That and it's a backdoor method of introducing the privacy-destroying features of blockchain technology to the Internet on a basic level while monetising even simple interactions, which scans when you realise that two of the biggest investors in the crypto space are Mark Zuckerberg (who built an empire on data-mining) and Peter Thiel (a deregulation-obsessed neofascist).
The “hey we’re going to burn all the cute animals as punishment for you not buying all of them”, is what really gets me.
Also if I gotta request anything, Free Realms/ Free Realms Sunrise!
What worse is that whole thing is just marketing hype.
Destroying all the ones that didn't sell doesn't make the rest any more valuable or any rarer.
Because each one is unique, they are all equally rare no matter how many exist. Whether it's 2,000 or 200,000 they all remain exactly "1 of 1".
@@GeneralNickles it’s a creepy message from a children’s company. Oh how the mighty have fallen.
Dr. Flug: Destroy the evidence....
(Seriously, that's the vibe I got from that....)
nft bros losing their money makes me so happy once again
When I heard about Neopet NFTs I though that this was how they were bringing back Unconverted Pets, somehow it’s even worse
Wow "FUD" is such a thought terminating cliché.
If you ever feel comfortable diving into NFTs again, the Realms of Ruin scandal could be interesting - it's an NFT project started (and quickly ended) by a group of notable YA authors including Ransom Riggs (Miss Peregrine's Home for Peculiar Children)
RANSOM RIGGS HELLO???
Oh come on the movie of that was lovely. Unfortunate they went down the nft path.
MY FAVORITE AUTHOR ARE YOU SERIOUS?????
noooo not mphpc 😭
"I have depicted YOU as the Soyjak and ME as the Chad! You have already lost 😈"
- Neopets Metaverse before immediately going to shit
I literally tweeted yesterday that "NFTs are just Neopets for adults" and didn't even know they actually made some themselves wbykdkdn
I remember trying to get into Neopets back in like, 2007. I had accidentally gotton some cute toys and stickers in McDonalds Happy Meals and decided to look the game up and play it. My Christian mom claimed the creatures were demons, like Pokemon, and banned me from the game. She forced me to throw out my toys too. Even though my mom didn't confront me about it, I was CONVINCED I was gonna burn in hell because I couldn't get the dang stickers off of my toybox! 😭😭
Sad and weirdly relatable
Your makeup is literally some of the best on RUclips
She is a great person. I love she also adores Garfield.
I would watch she making it
“You criticize NFTs for being bad for the environment yet you tweeted this from an iPhone” False equivalency 😎
Just to point out, when you buy an NFT, you're not actually buying the art- you don't legally own the art. Instead, you're buying the right to a position on the blockchain that is ASSOCIATED with a particular picture. It's less like buying a Michelangelo with his signature and more like buying the right to stand next to it.
And without guarantee that piece of art will still be in the space either...