Minecraft developers urged to abandon speculation with digital assets
In their view, companies do not think about the players and strive to make a big profit
27.04.2022 - 09:40
586
1 min
0
What’s new? An independent group of game developers, artists, and employees at Mojang Studios, which works on Minecraft, believes that game companies should not create projects that promote artificial scarcity of digital assets and speculation with NFTs. The group’s initiative seeks to sign commitments that game developers are fully informed about the risks and downsides of NFTs and cryptocurrencies before their implementation into the game mechanics.
What other statements have been made? According to Minecraft developers, in the current environment, only the first or richest buyers of cryptocurrencies and NFTs are profitable. In this, the companies do not think about the players and strive to make as much money as possible.
Signing a commitment document is meant to change this situation. Companies that agree to sign the document will commit to not create games that promote artificial scarcity of crypto assets and speculation with NFTs. In addition, the companies pledge not to use energy-intensive and volatile cryptocurrencies, as well as not to provide disproportionate benefits to first users and wealthy players.
Useful material?
Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Telegram
Twitter