Minecraft eliminates the use of in-game NFTs
The company wants to maintain an equal experience for players and prevent the appearance of scarce content
21.07.2022 - 08:15
360
1 min
0
What’s new? Minecraft developers have refused to integrate non-fungible tokens (NFTs) into the game. A statement on July 20 said that blockchain technology will not be allowed in client and server applications, and in-game content cannot be used to create scarce digital assets.
Official statement on the Minecraft website
What other statements have been made? The company stressed that all players should have the same experience, and NFTs contradict this goal by contributing to the creation of scarcity and exclusivity. Furthermore, Minecraft believes that NFTs could cost players who buy them dearly, given the speculative prices and frequent cases of cheating.
As for NFTs already released by various companies not affiliated with Minecraft, the statement says that these projects are not in line with the game’s values.
Earlier, Minecraft developers urged to abandon speculation with digital assets. They said that gaming companies should not create projects that promote artificial scarcity of digital assets and speculation with NFTs.
Useful material?
Telegram 
Twitter Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024
Cryptocurrency rates
-
Bitcoin
$68 699
BTC
-0.13%
-
Ethereum
$2 439.81
ETH
-1.02%
-
BNB Smart Chain
$570.25
BSC
-0.32%
-
Ripple
$0.506563
XRP
-0.75%
-
Dogecoin
$0.170215
DOGE
+8.03%
-
Cardano
$0.331902
ADA
+0.35%
-
Bitcoin Cash
$338.76
BCH
+0.1%
-
Polkadot
$3.84
DOT
+1.18%
-
Litecoin
$65.27
LTC
-2.12%
-
Stellar XLM
$0.092436
XLM
+0.55%