While some industries are Watch Easy Does It Onlinestill sussing out their opinions on NFTs, the video game community is making it clear: NFTs stand for "No F'n Thanks" in their industry.
The latest company to take a stand against non-fungible tokens: Mojang Studios, the developer of the massively popular video game, Minecraft.
In a statementput out today on the official Minecraft website, titled simply "Minecraft and NFTs," the company made it crystal clear that it would not permit any sort of blockchain or NFT integration with its game.
Mojang Studios and Minecraft laid out a few reasons as to why they are against NFTs. For one, they made it clear that fake scarcity plays a major part in it. NFTs, or non-fungible tokens, are basically digital assets stored on a blockchain. A unique token is minted and connected to a media file in order to declare ownership of that piece which has turned NFTs into speculative assets.
The statement makes clear that Minecraft is not against monetizing, and uses the example of users charging for access to a Minecraft server as an approved use case. However, because NFTs would change the gameplay dynamics and give players with monetary means an upperhand in-game, the developer is opposed to the technology.
"To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our Minecraft client and server applications nor may they be utilized to create NFTs associated with any in-game content, including worlds, skins, persona 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.
"No blockchain for block game," as Molly White of the website Web3 is Going Greatsuccinctly put it. The website tracks the various scams, frauds, and drama going on in the Web3 world, which includes cryptocurrencies and NFT projects.
This Tweet is currently unavailable. It might be loading or has been removed.
As White points out, the value of existing (and unauthorized) Minecraft NFT projects tankedon the news of Mojang Studios' statement. NFT Worlds, which also has a token associated with it, saw the value of both the token and its NFT floor prices crater by more than 70 percent.
Minecraft's Mojang Studios is far from the first video game company to run far away from NFTs. Gamers have made it clear that they hate the idea of buying NFTs on top of the video games they already purchase. And their anti-NFT opinions have forced the industry to follow. Just earlier this month, Sony announced a loyalty program called Playstation Stars which will reward players with digital collectibles. The company stressedthat these digital collectibles were notNFTs.
"It’s definitely not NFTs. Definitely not. You can’t trade them or sell them. It is not leveraging any blockchain technologies and definitely not NFTs," said Grace Chen, Sony VP of network advertising, loyalty, and licensed merchandise, in an interviewwith The Washington Post.
Mojang Studios did end its statement by saying that they would monitor how blockchain technology evolves for any possible future use cases, leaving the door somewhat open based on currently non-existent possibilities. But, at least for the foreseeable future, chalk up another win for gamers who absolutely hate NFTs.
Topics Gaming Cryptocurrency
Auburn vs. Creighton 2025 livestream: How to watch March Madness for free
Google's secret 'Fuchsia OS' could replace Android in five years
'We are united in grief': Solemn Obama addresses Orlando massacre
People are petitioning to drink the mummy juice from the probably cursed sarcophagus
The Beatles biopic casts all the internet's boyfriends in one movie
90's TV stars queer people always wished were queer
7 summertime shoe styles you loved as a little kid
Maisie Williams is getting the perfect 'Game of Thrones' tattoo
Amazon Fire TV Stick 4K deal: Get 40% off
DJ Khaled believes you have the power to 'be the next yourself'
Boeing's new VR simulator immerses astronauts in space training
Mark Hamill wandered around Comic
Netflix's 'Insatiable' seems to miss the point of body positivity
Twitter may be making it harder to find its most controversial users
Pairing CPUs and GPUs: PC Upgrades and Bottlenecking
90's TV stars queer people always wished were queer
City responds perfectly to complaint about black child selling food
20 things you need to survive life in a college dorm
How to cancel your Kindle Unlimited subscription
Richard Branson's Virgin hyperloop pod loses record after SpaceX race
Here's why police were able to illegally access the call logs of a journalistApple's SiriMating kangaroos are literally blocking traffic in AustraliaApple shares photos and video of its fancy new store in DubaiInstagram's fixed the glitch that had you spamming everyone you've ever taggedMark Zuckerberg, man of the people, visits assembly line and discovers it's 'hard'Country's first rescued food supermarket lets you 'pay what you can'Researchers found the body of a 25Take your child to work day at the white houseYou can make your Samsung Galaxy S8 transparent, but there's a catchThis view finally makes me want to risk my life to fly to spaceAnita Sarkeesian ends web series that rocked the world of gamingAmazon wants to see into your bedroom, and that should worry youChina is weighing dust on streets to determine if the cleaners did a good enough jobNASA doesn't have replacements for its aging spacesuitsHands on: Acer Predator Triton 700 gaming laptopTeenagers are taking breaks from social media —but are you?Victoria Justice's past pettiness towards Ariana Grande has become an incredible memeGoogle says it's cool if staff protests on International Workers DayGoogle Home update allows Assistant to access 5 million new recipes Trump promotes fake Muslim massacre after Barcelona attack Your old Android device will no longer support many websites in 2021 Watching "The Mandalorian"? Try Baby Yoda Cuteness Bingo We are too fragile for the cuteness of ‘The Mandalorian’ Chapter 10 Save 20% on the Vuori sweatpants you will live in A chilling look at the minds of Charlottesville’s neo JK Rowling just roasted Donald Trump again with one incredibly ironic observation 'Yakuza: Like A Dragon's hero is a giant himbo who needs to be saved from himself How to groom your pubic hair without ending up in the ER Facebook Groups that spread misinfo now face probation, moderation In praise of taking yourself seriously on dating apps Johnny Depp will no longer play Grindelwald in 'Fantastic Beasts' Apple's iPhone 12 studio lets you mix and match iPhone colors and accessories #SharpieGate: Debunked conspiracy theory leads to scary situation in Arizona Here it is: the worst Tinder name pun you've ever seen Facebook considers becoming mildly less convenient in hopes of saving democracy It's a race against time to ensure people vote on marriage equality in Australia Okay forget the White Walker kidnapping plan, I've got plenty of other ideas. By Jon Snow Llama on the lam saves family of ducks from scary bear Trump's lawyer had the worst possible response to the Charlottesville backlash
2.8247s , 8225.7734375 kb
Copyright © 2025 Powered by 【Watch Easy Does It Online】,Unobstructed Information Network