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Game Developer On ‘Why NFTs Are a Nightmare’

July 12, 2022
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Game developer Mark Venturelli received a spirited ovation at Brazil’s International Games Festival on Friday after he surprised the audience for his “Future of Game Design” talk with a new title: “Why NFTs are a nightmare.” PC Gamer reports: Venturelli, who is best known for the game Chroma Squad, didn’t just push back against those talks by calling NFTs a nightmare: He argued in detail that they’re bad for gaming and run directly counter to his vision for the future of game design. In a follow-up interview with PC Gamer, Venturelli said the event’s blockchain sponsors needed “to buy their relevance, because they’re not relevant.” […] NFT projects in particular quickly became savvy enough to use phrases like “environment-friendly technology” in their press releases, but none of them grapple with the deeper criticisms of their ideas. That’s what Venturelli zeroed in on in his talk and in our follow-up interview. There’s the uncanny resemblance between these profit-driven grifts and pyramid schemes, but there’s also the philosophical concern that things like cryptocurrency represent a libertarian ideal founded in paranoia about institutions, and about other human beings. That, Venturelli says, is in part why they’re so inefficient in the first place.

“Computationally, like in real life, if you don’t trust the people that you’re working with, you have to spend a lot more energy to achieve the same things,” he says. “If I’m living with you in the same house and we don’t trust each other, I have to, every time before I leave my house, hide my valuables. I have to make inventory of the things that I own, and maybe put cameras or locks inside of things. When I come back home I need to check everything and see if you messed with any of my stuff, and make sure that you don’t get into my room when I’m sleeping and all that shit. It’s so much energy that I have to use just to exist in a room with you, because I don’t trust you. That, I feel, is a very good metaphor about how computationally blockchain works, and what is the underlying philosophical idea behind it, which is, ‘We want a world without any sort of centralized authority because we cannot trust any of them ever.’ And that is the opposite of what we want as a society, in my opinion.” […]

Investors see potential value in South America right now due to exploitable political and economic instabilities, which for Venturelli means that presenting his counterargument is more important than ever. “If we don’t take up some spaces, and we let these kinds of people take these spaces, suddenly they’re dictating what’s the future, suddenly they’re taking the investments so that they are building our next big projects,” he said. “That’s when it starts to get really dangerous, because it can jeopardize our future as an industry, in my opinion. Because I don’t feel like these things have long legs. I feel like they might be successful in the short term, but they are going to fall on the long term for sure.” [He went on to say:] “Right now we are living in a crisis of trust in Western society — trust in each other, in institutions, and even in our future together is in decline,” Venturelli says. “We should be building systems that help connect people and build trust, build sustainable solutions, and build infinitely scalable human solutions. We should not be shifting away from culture, entertainment, and storytelling towards economic activity. We should not just be eliminating the final hiding places that we have to run away from the oppression of capitalist society.”
You can watch Venturelli’s The Future of Game Design talk on YouTube. An English version of the slides accompanying it is available here.



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