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Minecraft Blocks the Blockchain from Its Block Game

While players have for a long time been permitted to charge fees for access to private Minecraft servers they manage The company's usage guidelines stress that "all players must be able to access the same functionality" in those servers. This is in contradiction to the main point of NFTs, which Mojang defines as "digital ownership that is based on exclusion or scarcity" and is not in line with Minecraft values of inclusion, creativity playing with others and sharing.



Mojang is also concerned about "instances in which NFTs were sold in a fraudulent manner or at fraudulently exaggerated prices" and instances where NFT assets "may require an asset manager who could disappear without notice." These types of issues suggest that "some third-party NFTs might not be trustworthy and could cost players who buy NFTs," Mojang warns.



Mojang keeps a sliver an opening for the future NFT applications that might "allow for more secure gaming or other inclusive and practical applications in gaming." The company says it does not have plans to introduce blockchain technology in Minecraft.
minecraft-servers.website


An external rug pull?



Mojang's announcement will have a significant impact on projects such as NFT Worlds. NFT Worlds sells NFTs that are linked to world seeds which are used for specific Minecraft maps. OpenSea data shows total NFT Worlds trading volume of over 500.000 Ethereum (worth $76 million at present exchange rates) since its inception last October, with the individual world tokens being sold for an average of 2.5 ETH (about $3,700 in the present).



The daily trading volume of NFT World tokens has been falling for a number of months in tandem with the larger crypto crash in recent months, however. And the price of the cryptocurrency behind the NFT Worlds project cratered nearly 70 percent right after Mojang's announcement on Wednesday.


Read More: https://minecraft-servers.website/
     
 
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