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Your email address will not be published.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) $ 77,798.00
ethereum
Ethereum (ETH) $ 2,421.93
tether
Tether (USDT) $ 0.999831
bnb
BNB (BNB) $ 686.04
xrp
XRP (XRP) $ 1.36
usd-coin
USDC (USDC) $ 0.999869
solana
Solana (SOL) $ 102.14
tron
TRON (TRX) $ 0.336237
hyperliquid
Hyperliquid (HYPE) $ 80.54
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00
zcash
Zcash (ZEC) $ 819.93
dogecoin
Dogecoin (DOGE) $ 0.082470
rain
Rain (RAIN) $ 0.017050
usds
USDS (USDS) $ 0.999807
monero
Monero (XMR) $ 500.08
leo-token
LEO Token (LEO) $ 9.65
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
whitebit
WhiteBIT Coin (WBT) $ 71.57
chainlink
Chainlink (LINK) $ 11.18
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.194178
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
stellar
Stellar (XLM) $ 0.175774
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
bitcoin-cash
Bitcoin Cash (BCH) $ 244.78
canton-network
Canton (CC) $ 0.118379
dai
Dai (DAI) $ 0.999995
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
usd1-wlfi
USD1 (USD1) $ 0.999501
ethena-usde
Ethena USDe (USDE) $ 0.999854
susds
sUSDS (SUSDS) $ 1.08
litecoin
Litecoin (LTC) $ 48.44
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.34
global-dollar
Global Dollar (USDG) $ 1.00
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
hedera-hashgraph
Hedera (HBAR) $ 0.073583
uniswap
Uniswap (UNI) $ 5.05
avalanche-2
Avalanche (AVAX) $ 7.15
weth
WETH (WETH) $ 2,268.37
shiba-inu
Shiba Inu (SHIB) $ 0.000005
sui
Sui (SUI) $ 0.718312
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
usdt0
USDT0 (USDT0) $ 0.998824
paypal-usd
PayPal USD (PYUSD) $ 0.999779
hashnote-usyc
Circle USYC (USYC) $ 1.14
crypto-com-chain
Cronos (CRO) $ 0.056495
tether-gold
Tether Gold (XAUT) $ 4,415.45
memecore
MemeCore (M) $ 1.08
near
NEAR Protocol (NEAR) $ 1.83
Shares