Minecraft Creator Rejects NFTs, Saying They Create Scenario of ‘Haves and Have-Nots'

Ireland News News

Minecraft Creator Rejects NFTs, Saying They Create Scenario of ‘Haves and Have-Nots'
Ireland Latest News,Ireland Headlines
  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Minecraft creator Mojang said it won’t support NFTs because they “create a scenario of the haves and the have-nots.”

"The speculative pricing and investment mentality around NFTs takes the focus away from playing the game and encourages profiteering, which we think is inconsistent with the long-term joy and success of our players," the company said.

"To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our Minecraft client and server applications nor may they be utilized to create NFTs associated with any in-game content," the company said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCPhiladelphia /  🏆 569. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Minecraft developer Mojang to restrict use of NFTs, blockchain tech with guideline updateMinecraft developer Mojang to restrict use of NFTs, blockchain tech with guideline updateThe developer of the popular video game, Mojango Studios, adopted a restrictive stance on NFTs and blockchain in a July 20 post.
Read more »

Minecraft Is Banning NFTs Because They Create ‘Scarcity and Exclusion’ Contrary to Platform’s ValuesMinecraft Is Banning NFTs Because They Create ‘Scarcity and Exclusion’ Contrary to Platform’s ValuesNot everyone is jumping on the NFT bandwagon. Minecraft, the open-world game platform owned by Microsoft, has notified players that “integrations of NFTs with Minecraft are generally not some…
Read more »

Minecraft bans NFTs and blockchain, saying they don't align with game's valuesMinecraft bans NFTs and blockchain, saying they don't align with game's valuesMojang Studios, developers of the hugely popular world-building videogame, said Wednesday that nonfungible tokens and blockchain technologies 'are generally...
Read more »

Minecraft owner bans in-game NFTs to discourage profiteeringMinecraft owner bans in-game NFTs to discourage profiteering'NFTs are not inclusive of all our community'
Read more »

'Minecraft' studio wants nothing to do with NFTs | Engadget'Minecraft' studio wants nothing to do with NFTs | EngadgetMojang says they're inconsistent with the game's values of inclusivity and playing together..
Read more »

Minecraft Says ‘No’ to NFTsMinecraft Says ‘No’ to NFTsThe Microsoft-owned Mojang Studios said NFTs create 'scarcity and exclusion' — not to mention predatory monetization.
Read more »



Render Time: 2025-04-03 11:50:26