Tim Sweeney, CEO of Epic Games, said his company “certainly won’t” follow the lead of the creators of Minecraft by outlawing nonfungible tokens (NFTs). As was previously reported, NFT integrations were prohibited by Minecraft’s creators Mojang Studios on Wednesday because they consider the speculative nature of NFTs, as well as their scarcity, dangers of exclusion, […]
Minecraft
Minecraft to Step Back From NFT as Mojang Studios Bans NFT Integrations
On Wednesday, Minecraft developer Mojang Studios announced that it will be removing nonfungible tokens, or NFTs, as well as blockchain technology in general, from its famous eponymous game. Mojang explained the decision as follows. “Like any digital file, NFTs can be copied, moved, or even deleted. Additionally, NFTs and blockchain have also been associated with […]