Mojang Studios bans Minecraft NFT integrations

0

[ad_1]

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 ownership based on scarcity and exclusion, which does not align with Minecraft’s values of creative inclusion and playing together.”

As told by Mojang: “To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications, nor may Minecraft in-game content such as worlds, skins, persona items, or other mods, be utilized by blockchain technology to create a scarce digital asset.”

The company also criticized the “speculative pricing” and “investment mentality” around NFTs that take away from the game experience and encourage profiteering to the detriment of long-term game playability. Furthermore, it pointed to rug-pulls surrounding certain third-party NFT integrations as well as NFT wash trading, or fraudulent price manipulation to support the ban.

Under the new rules, third-party blockchain technologies cannot be integrated with client and server applications within Minecraft. Nor may they be utilized to create NFTs associated with any in-game content, including worlds, skins, persona items or other mods. Although the changes do not affect most Minecraft gamers, it is likely to have significant consequences for a small subset of gamers who are also profiting from in-game NFTs. Third-party for-sale NFT collections digitizing Minecraft in-game assets may therefore be in violation of such terms and could potentially face legal consequences.



[ad_2]

Source link

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 0.000000
ethereum
Ethereum (ETH) $ 0.000000
tether
Tether (USDT) $ 0.000000
bnb
BNB (BNB) $ 0.000000
xrp
XRP (XRP) $ 0.000000
usd-coin
USDC (USDC) $ 0.000000
tron
TRON (TRX) $ 0.000000
staked-ether
Lido Staked Ether (STETH) $ 0.000000
dogecoin
Dogecoin (DOGE) $ 0.000000
figure-heloc
Figure Heloc (FIGR_HELOC) $ 0.000000
cardano
Cardano (ADA) $ 0.000000
whitebit
WhiteBIT Coin (WBT) $ 0.000000
wrapped-steth
Wrapped stETH (WSTETH) $ 0.000000
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 0.000000
bitcoin-cash
Bitcoin Cash (BCH) $ 0.000000
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 0.000000
usds
USDS (USDS) $ 0.000000
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.000000
chainlink
Chainlink (LINK) $ 0.000000
wrapped-eeth
Wrapped eETH (WEETH) $ 0.000000
leo-token
LEO Token (LEO) $ 0.000000
monero
Monero (XMR) $ 0.000000
weth
WETH (WETH) $ 0.000000
hyperliquid
Hyperliquid (HYPE) $ 0.000000
stellar
Stellar (XLM) $ 0.000000
zcash
Zcash (ZEC) $ 0.000000
ethena-usde
Ethena USDe (USDE) $ 0.000000
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 0.000000
litecoin
Litecoin (LTC) $ 0.000000
sui
Sui (SUI) $ 0.000000
avalanche-2
Avalanche (AVAX) $ 0.000000
usdt0
USDT0 (USDT0) $ 0.000000
hedera-hashgraph
Hedera (HBAR) $ 0.000000
susds
sUSDS (SUSDS) $ 0.000000
shiba-inu
Shiba Inu (SHIB) $ 0.000000
dai
Dai (DAI) $ 0.000000
mantle
Mantle (MNT) $ 0.000000
paypal-usd
PayPal USD (PYUSD) $ 0.000000
the-open-network
Toncoin (TON) $ 0.000000
world-liberty-financial
World Liberty Financial (WLFI) $ 0.000000
crypto-com-chain
Cronos (CRO) $ 0.000000
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 0.000000
uniswap
Uniswap (UNI) $ 0.000000
polkadot
Polkadot (DOT) $ 0.000000
memecore
MemeCore (M) $ 0.000000
aave
Aave (AAVE) $ 0.000000
usd1-wlfi
USD1 (USD1) $ 0.000000
rain
Rain (RAIN) $ 0.000000
canton-network
Canton (CC) $ 0.000000
bittensor
Bittensor (TAO) $ 0.000000
Shares