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0 pointsrybosworld3y ago0 comments

> we JUST finished having every company try to pivot to blockchain and NFT

I really don't think there are many existing companies that "pivoted" to blockchain and NFT. Certainly not a majority.

0 comments

nytesky3y ago

Well Meta tried to make its own crypto currency on the block chain.

https://en.wikipedia.org/wiki/Diem_(digital_currency)

kokanee3y ago

And they pivoted from that to instagram NFTs, which also failed.

https://about.fb.com/news/2022/05/introducing-digital-collec...

palata3y ago

"tried to pivot", that's very different. Maybe it should read "announcing that they would try to pivot", but you get the idea.

I have seen many companies announce that they would look into blockchain and NFT. Which is exactly what Dropbox is saying now for AI.

ilyt3y ago

"Dipped their feet" might've been better description.

coldtea3y ago

"Made some BS PR headlines, while not even having a clue how to do anything with those things, and surely not anything worth their customer's while" is an ever better description.

Spivak3y ago

Which shouldn't surprise anyone in an economic environment where the money fountain dried up. Every company is desperately chasing new revenue sources over growing their existing ones right now.

soneca3y ago

In case of NFT, I would round the number of companies that tried to pivot to it to zero.

Blockchain there were a lot of hiring and experiments for sure. Actually to try to pivot a company to it after these experiments, very little.

jonny_eh3y ago

I believe all of these are either dead or almost dead:

https://www.washingtonpost.com/video-games/2023/01/04/square...

https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox

https://vanguard-x.com/blockchain/nfts-are-coming-to-youtube...

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