Notes

Minecraft Says it Wants nothing to have to do with Blockchain, NFTs, or NFTs.

While some industries are considering NFTs, the videogame community is demonstrating that NFTs represent "No F'n Thanks" in their industry.



The most recent company to take a stand against non-fungible tokens is Mojang Studios, the developer of the massively popular video game, Minecraft.



In a statement that was released today on the official Minecraft website, which is titled "Minecraft and NFTs," the company made it crystal clear that it would not permit any form of blockchain or NFT integration into its game.



Mojang Studios and Minecraft laid out a number of arguments for why they are opposed to NFTs. They made it clear that fake shortage plays an important role in. NFTs, also known as digital assets that are non-fungible or non-fungible, are digital assets stored on a blockchain. mc name To prove the ownership of a piece of NFTs, the creation of a unique token and then linked to the media file.



The statement clarifies that Minecraft is not opposed to monetizing, and uses the example of users charging for access to the Minecraft server as an acceptable use scenario. However, because NFTs will alter the game's gameplay dynamics and give players who have monetary advantages in the game, the Minecraft developer is against the technology.



"To ensure that Minecraft players enjoy an enjoyable and safe experience, blockchain technology is not allowed to be integrated within our Minecraft client and server applications. Nor can be used to create NFTs associated with any in-game content, including skins, worlds and other items, or other mods," declares the statement.



The developer also brought up concerns about the trustworthiness of third-parties who mint Minecraft-related NFTs, and their tendencies to abandon projects, and fraudulently inflate prices on the NFT aftermarkets.



Molly White, the Web3 is Going Great website, has succinctly stated that "No blockchain is needed for a block game" The website is a watchdog of scams, frauds , and drama that occur in the Web3 world. This includes NFT projects as well as cryptocurrencies.



As White points out that the value of current (and unauthorized) Minecraft NFT projects tanked on the news of Mojang Studios' statement. NFT Worlds which also has a token with it, saw the value of both the token and its NFT floor prices fall by more than 70 percent.



Minecraft's Mojang Studios is far from the first video game company to be completely free of NFTs. Gamers have made it clear that they don't like the idea of buying NFTs in addition to the games they already purchase. Their skepticism about NFTs has made it necessary for the industry to follow suit. Just this month, Sony announced a loyalty program known as Playstation Stars which will reward players with digital collectibles. These digital collectibles do not constitute NFTs, the company stated.



"It's definitely not NFTs. Definitely not. You can't trade them or sell them. This isn't using any blockchain technology and certainly not NFTs," said Grace Chen, Sony VP of network advertising loyalty, loyalty, and licensed merchandise, in an interview with The Washington Post.



Mojang Studios ended its statement by saying that they will monitor the development of blockchain technology to be used in future use cases. However this leaves the door open to future uses based on current possibilities. However, gamers who dislike NFTs can gain another victory at the very least in the near future.


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