Funko Transformers NFT?

Discussion in 'Transformers News and Rumors' started by Evac, Mar 7, 2022.

  1. BWIguanusfan2

    BWIguanusfan2 fan of BW Iguanus

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    embrassing cringe. how to make funko pops even worse. funko should make a random funko pop generater and turn the awful random generated funkos as nfts like those terrible apes.
     
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  2. Chadderbug

    Chadderbug Well-Known Member

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    Men. Ready your Weapons. We are going to war with Funko.
     
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  3. Chadderbug

    Chadderbug Well-Known Member

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    It's namely the factories and the ludicrousy about it all. There's servers in some warehouses that are there to process the blockchains that NFTs run on. The more NFTs are made and wanted, the more servers are needed, leading to more warehouses full of these dumbass blockchain servers and thus is destructive for the environment since there's more to be made. If anything, it probably just got started by some dumb LA celebrity millionaires to get rid of some cash. The whole scheme is just for the money, so it's an insult to the enviornment for the technology needed, an insult to artists because of how cheaply made they are, and have been rumored to f*ck up the economy in some way.
     
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  4. Chainlink

    Chainlink No real than you are

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    Don't worry, the environmental impact caused by NFTs will make Earth more like Venus soon enough, so there's no need to move :lol 
     
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  5. Traffic Cone

    Traffic Cone TFW2005 Supporter

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    Oh boy, I can buy the idea of a Funko Pop!
     
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  6. EvilLobsterKing

    EvilLobsterKing Joe Mama

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    I really really really don't like nfts. What a wretched scam
     
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  7. T-Hybrid

    T-Hybrid Gnodab Kidult (He/Him)

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    Gonna start taking pics of my Funkos and putting them up on the chain!
     
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  8. Purple Heart

    Purple Heart Some other time..

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    Got a link?
     
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  9. Gee Won 1984

    Gee Won 1984 Mandatory Stunning and Brave Fiction in Fiction

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    Hopefully it dies out. Otherwise it is basically a way to make money off of dumb people who are voluntarily giving up their life to live a fake life in the Matrix, and be culled by the elites for data.
     
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  10. BlueAngel_Bolt

    BlueAngel_Bolt I'M REALLY FEELING IT

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    This is the biggest scam i've ever seen. I can't believe people fall for this shit
     
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  11. DOTM Bumblebee

    DOTM Bumblebee Funny Little Man

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    I was never into Funko, but Hasbro signing off on this is disappointing.
     
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  12. Chadderbug

    Chadderbug Well-Known Member

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    I'm pretty sure they don't care? As long as they have the license, Funko can technically do whatever as long as it's not inappropriate. I don't think they're having Hasbro sign off on this.
     
  13. Traffic Cone

    Traffic Cone TFW2005 Supporter

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    The way I see it, it's a brilliant 21st century spin on a pyramid scheme. For the most part, NFTs only have value if people buy them, and most people buy them with the hopes of speculating on their value and selling them to someone else in the future, and that someone likely has the same idea. However, eventually someone will be left holding the bag, i.e., having paid a bunch of cash for an NFT that they can't find a buyer for. At that point they have to face the reality that they really just paid for an idea.

    Much like a pyramid scheme, you have to sink your own money into the scheme to get started, and you only make money if you can find someone else to buy into what you're selling. Where the brilliance lies is two key details. 1) The original creator of the NFT has plausible deniability that they're pulling any kind of scheme, as their made up currency because it's usually covered by some thin veneer of legitimacy (like the idea that these Funko NFTs are like Transformers trading cards and not glorified lottery tickets). This aspect is similar to multi-level marketing schemes, but with the added benefits that no actual products need to be involved. There's also usually an 'eat your own dog food' element to NFTs, i.e., "of course these have value, thats why I own so many myself!" 2) The culpability of propagating the scheme is decentralized. You can't blame anyone for selling an NFT because they're simply selling a 'product' for what someone is willing to pay. Never mind the fact that the buyer is likely buying it just to resell it. You can't blame the original creator of the NFT because they could plausibly believe in the value of their own NFT, and in fact, the NFTs value has been demonstrated by all the people buying it.

    Honestly I don't see these going away any time soon. The barrier to entry is low, the risk to the originator is low, and the potential profit is high. The only way these go away is if average people stop buying them.
     
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  14. Szilko

    Szilko Well-Known Member

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    I think that Hasbro should stay as far away from Funko as possible. I hate Funko with all my heart, and I believe that they don't deserve license to a franchise as close to my heart as Transformers. Just look at what they did with the FNAF merchandise a while ago.
     
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  15. Chadderbug

    Chadderbug Well-Known Member

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    ...Which I don't think that people were even buying it in the first place. They're way too damn expensive to go in on.
     
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  16. PolyWraith

    PolyWraith Technorganic being

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    A crappy day as a TF fan for this news, but also it is fun to see everyone agreeing.

    Send over a copy when you finish it. I might can sell it as an NFT!!!
     
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  17. PolyWraith

    PolyWraith Technorganic being

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    This crap give me even MORE perspective as a TF fan on the day-to-day disagreements and unhappiness with TF figures that happens on a regular basis. THIS crap is much worse than that crap.

    Give me my "they ruined BW Grimlock's pattern" or "where the hell are the null rays??" etc etc etc discussions any day. Rather that than have to be worrying about this distressing stuff being a sign or potential of where Hasbro might be wanting to take their business in the future.
     
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  18. Hooper_X

    Hooper_X hit dogs holler

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    I mean, you CAN blame the creators. You can blame a drug dealer for selling someone heroin too, except that maybe the heroin dealer knows that what they're peddling is fucking dangerous and the NFT griftosphere all think they're Marco fucking Polo opening up the new trade route to China or whatever.
     
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  19. Neko-bot77

    Neko-bot77 Face it, we're doomed.

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    Hey, it's Tuesday! Maybe we'll get preorders for actual REAL product instead of an imaginary idea that has less than 2% chance of becoming a physical product!
     
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  20. JS_Prime

    JS_Prime Active Lurker

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    They probably only did it to appease dumbass investors
     
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