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. minecraft This is against the main point behind NFTs, Mojang defining it as "digital property based on scarcity, exclusion," which is not compatible with Minecraft values for 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." Mojang warns that these issues could lead to "some third-party NFTs not being reliable" and may end up costing players who purchase them.



Further Reading



Mojang does not rule out future NFT applications that could "allow for safer experiences or other practical applications in gaming." The company says it has no plans to implement blockchain technology in Minecraft.



An external rug pull



Mojang's announcement is incredibly impactful for projects like NFT Worlds, which sells NFTs linked to the world seeds that are used to create 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). Gaming



Daily trading in NFT World tokens has been falling for months alongside the wider crypto crash in recent months, however. minecraft Mojang's announcement Wednesday saw the price of NFT Worlds' cryptocurrency plunge nearly 70 percent.

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