Minecraft ban ‘hypocritical’ and NFTs are inclusive: Animoca’s Yat Siu
“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, the co-founder of crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as “hypocritical” and emphasized 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 July 20. The firm stated that NFTs were against its values, as they foster price speculation,....
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Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game. Microsoft and the company Enjin have issued Minecraft-compatible NFTs in order to celebrate the International Day of Women and Girls in Science. Minecraft-Compatible Non-Fungible Tokens The video game Minecraft is the most popular game today and the creators have sold 200 million+ copies since it was launched by Mojang Studios. According to the announcement, the latest blockchain-based items are meant to “champion women in science and....
"NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft," says the entity. On Wednesday, Minecraft's developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular namesake game. In explaining the decision, Mojang wrote:"Like any digital file, NFTs can be copied, moved, or even deleted. Additionally, NFTs and blockchain have also been associated with price speculation. These uses of NFTs and other blockchain technologies create digital....
Epic Games CEO Tim Sweeney has responded to Minecraft rejecting NFTs by reaffirming his stance regarding the matter. Minecraft Says No To NFTs, Epic Games Tim Sweeney Keeps Open View A couple of days back, the super popular videogame Minecraft released an official statement in relation to non-fungible tokens and blockchain technology. The company was […]
Minecraft is on the short-list of iconic video games that have truly stood the test of time. The title has endured over a decade of innovation in gaming, and still stands as a highly respected, highly engaged title. This week, the staff at Minecraft released a blog post titled “Minecraft and NFTs,” establishing the Microsoft-owned […]
“We wanted to show Mojang that it could be done in a way that benefited them and benefited their player base,” said MyMetaverse CEO Simon Kertonegoro. Despite Minecraft creator Mojang Studios being against the integration of nonfungible tokens (NFT), a Metaverse-focused firm managed to introduce NFTs into several games including its own Minecraft server.In an interview with Cointelegraph, Oscar Franklin Tan, the Chief Financial Officer of blockchain gaming firm Enjin, and MyMetaverse CEO Simon Kertonegoro shared how they were able to connect the dots and implement NFTs into Minecraft....