Minecraft Blocks The Blockchain From Its Block Game

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While players have long been able to charge for access to private Minecraft servers they control, the company's usage guidelines stress that "all players should have access to the same functionality" in those servers. That's in conflict with the main point of NFTs, which Mojang characterizes as "digital ownership based on scarcity and exclusion, which does not align with Minecraft values of creative inclusion and playing together."



Mojang is also concerned about "instances in which NFTs were sold artificially or fraudulently exaggerated prices" and situations in which NFT assets "may need an asset manager who might vanish without notice." Minecraft These kinds of issues mean that "some third-party NFTs may not be reliable and may end up costing players who buy them," Mojang warns.



Further Reading



Mojang has left a small window open for future NFT applications, which could "allow for more secure experiences and other practical and inclusive applications within gaming." However, Mojang has "no plans" to incorporate blockchain technology into Minecraft.



An external rug pull?



Mojang's announcement has a huge impact on projects like NFT Worlds. NFT Worlds sells NFTs linked with world seeds that are used for specific Minecraft maps. OpenSea data reveals that NFT Worlds' total trading volume has exceeded 50,000 ETH, which is $76,000,000 at today's exchange rate. Individual world tokens sell for an average of 2.5 ETH (about $3700 today).



NFT World tokens have been falling in daily trading for months, despite the larger crypto crash in recent months. Mojang's Wednesday announcement saw the price for the NFT Worlds cryptocurrency drop by almost 70%.