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Yat Siu, co-founder of Animoca Brands, stated that they did not cite any evidence and did not properly point out NFTs.
Yat Siu, the co-founder of the crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as "hypocritical" and pointed out that nonfungible tokens (NFT) can be inclusive, despite arguments to the contrary.
As previously reported, Minecraft developers Mojang Studios announced a ban on all NFT integrations in the game on Wednesday. The firm declared that NFTs were not in line with its principles since they foster price speculation, scarcity, exclusion and potential rug pulls.
In an interview with Cointelegraph, Siu expressed his displeasure with Mojang Studios, given the context in which NFTs were integrated into Minecraft before the ban.
Projects such as NFT Worlds were utilizing Minecraft's open source servers to host an metaverse platform that contained NFT and crypto ecosystems built around it. Jho88.Com It appeared to be quite popular due to its NFT trading amount of more than $80million and claims of having around 100,000 players.
Here's my website: https://jho88.com/
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