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"They did not cite evidence, they didn't even correctly point out what NFTs are, nor did they talk to NFT Worlds," noted Animoca Brands co-founder Yat Siu.
Yat Siu, co-founder of the crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as "hypocritical" and stressed that nonfungible tokens (NFT) can be inclusive, despite arguments against it.
As previously reported, Minecraft developers Mojang Studios announced a ban on all NFT integrations into the game on Wednesday. https://9ll.org/ According to the firm NFTs are in opposition to its principles since they encourage speculation about prices as well as exclusion, scarcity and speculation and could lead to rug pulls.
Speaking with Cointelegraph, Siu expressed his frustration at Mojang Studios, given the context in which NFTs were integrated into Minecraft before the ban.
Projects like NFT Worlds were utilizing Minecraft's open source servers to host an metaverse platform that contained crypto and NFT ecosystems built around it. The project appeared to be relatively popular, considering that it has generated more than $80 million in NFT trading volume and claims to have more than 100,000 users.
Homepage: https://www.9ll.org/
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