Wednesday, February 8, 2023
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Contact Us
Ownnfthere
  • Home
  • NFT News
  • Bitcoin
  • Ethereum
  • Stock Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
  • NFT News
  • Bitcoin
  • Ethereum
  • Stock Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Ownnfthere
No Result
View All Result
Home Bitcoin

Epic Video games CEO Reaffirms NFT Stance After Minecraft Rejection

July 22, 2022
in Bitcoin
Reading Time: 3 mins read
A A
0
Epic Video games CEO Reaffirms NFT Stance After Minecraft Rejection
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Epic Video games CEO Tim Sweeney has responded to Minecraft rejecting NFTs by reaffirming his stance relating to the matter.

Minecraft Says No To NFTs, Epic Video games Tim Sweeney Retains Open View

A few days again, the tremendous common videogame Minecraft launched an official assertion in relation to non-fungible tokens and blockchain know-how.

The corporate was of the opinion that NFTs don’t align with the sport’s values of inventive inclusion and enjoying collectively.

“NFTs aren’t inclusive of all our group and create a state of affairs of the haves and the have-nots,” stated the announcement. “The speculative pricing and funding mentality round NFTs takes the main target away from enjoying the sport and encourages profiteering, which we predict is inconsistent with the long-term pleasure and success of our gamers.”

Associated Studying | Quant Suggests Tesla’s Bitcoin Dump Behind Current Crimson Coinbase Premium

Following this view, Mojang, the developer behind the sport, has disallowed the usage of non-fungible tokens and different purposes of blockchain-based know-how on the platform.

Final yr, Valve’s Steam introduced a ban of crypto and NFT-related video games on the PC gaming retailer. As a reply, competitor Epic Video games Retailer welcomed such videogames on their platform with open arms.

Yesterday, one Twitter consumer requested Tim Sweeney, the founder and CEO of Epic Video games, as as to if the corporate will now additionally take an identical stance as Minecraft.

“Builders needs to be free to resolve methods to construct their video games, and you’re free to resolve whether or not to play them,” stated Sweeney in a response. “I consider shops and working system makers shouldn’t intrude by forcing their views onto others. We undoubtedly received’t.”

Whereas Minecraft rejected NFTs on its platform, the Japanese videogame firm Sq. Enix introduced its new NFT venture on the identical day.

State Of The Market

After going through dwindling buying and selling volumes for a lot of months, the NFT market lastly confirmed some excessive exercise throughout the begin of Might, offering some hope to buyers.

Associated Studying | Bitcoin Is “Right here to Keep” Ex-BlackRock Funding Adviser Says – Higher Than Gold?

Nevertheless, the surge didn’t final too lengthy, and the following plunge took volumes down by round 90%. The under chart reveals the pattern within the weekly non-fungible token buying and selling volumes over the previous yr.

NFT Trading Volume

Appears to be like just like the volumes have been very low in latest weeks | Supply: NonFungible

Within the final couple of months, the NFT weekly volumes have stayed round $233 million, a reasonably low worth when in comparison with the conventional for final yr.

On the time of writing, Bitcoin’s worth floats round $23.1k, up 12% previously week.

Bitcoin Price Chart

The worth of the crypto appears to have been shifting sideways over the previous few days | Supply: BTCUSD on TradingView
Featured picture from Andrey Metelev on Unsplash.com, charts from TradingView.com, nonfungible.com





Supply hyperlink

Related articles

Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

February 7, 2023
DCG Strikes A Debt Deal To Reduce Off Some Limbs To Attempt Save The Affected person

DCG Strikes A Debt Deal To Reduce Off Some Limbs To Attempt Save The Affected person

February 7, 2023
Share76Tweet47

Related Posts

Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

by Ownnfthere
February 7, 2023
0

Because the Shanghai improve launch attracts close to, Ethereum staking-compatible platforms are making ready to launch deposited ETH again to...

DCG Strikes A Debt Deal To Reduce Off Some Limbs To Attempt Save The Affected person

DCG Strikes A Debt Deal To Reduce Off Some Limbs To Attempt Save The Affected person

by Ownnfthere
February 7, 2023
0

Be part of Our Telegram channel to remain updated on breaking information protection Following its high-profile chapter three weeks in...

Crypto Miner At Report Bitcoin Manufacturing, Bear Market Over?

Crypto Miner At Report Bitcoin Manufacturing, Bear Market Over?

by Ownnfthere
February 7, 2023
0

The Bitcoin (BTC) mining and information heart internet hosting firm Riot has not too long ago introduced its manufacturing and...

BTC/USD Might Flip Enticing Above ,000

BTC/USD Might Flip Enticing Above $23,000

by Ownnfthere
February 6, 2023
0

Be a part of Our Telegram channel to remain updated on breaking information protection The Bitcoin worth prediction reveals that...

Shiba Inu Whale Exercise Spikes, Is This Bullish?

Shiba Inu Whale Exercise Spikes, Is This Bullish?

by Ownnfthere
February 6, 2023
0

On-chain information exhibits exercise from the Shiba Inu whales has been excessive just lately. Right here’s what this may occasionally...

Load More
  • Trending
  • Comments
  • Latest
How seemingly will Ethereum rebound on the 00 – 00 degree?

How seemingly will Ethereum rebound on the $1000 – $1100 degree?

July 13, 2022
Skyweaver Launch Their First Ever Growth NFT Playing cards

Skyweaver Launch Their First Ever Growth NFT Playing cards

July 12, 2022
Dialogue Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Customers

Dialogue Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Customers

July 12, 2022
Buying and selling Bitcoin vs. Nano Bitcoin Futures: Know the Vital Variations

Buying and selling Bitcoin vs. Nano Bitcoin Futures: Know the Vital Variations

July 12, 2022
Mumbai-Ahmedabad Shatabdi Specific New schedule, route | Practice quantity 12009, 12010 schedule – Indian Railways

Mumbai-Ahmedabad Shatabdi Specific New schedule, route | Practice quantity 12009, 12010 schedule – Indian Railways

September 29, 2022
The Sandbox to deliver Playboy to the Metaverse

The Sandbox to deliver Playboy to the Metaverse

0
Social Media Platforms are Leaping into Web3

Social Media Platforms are Leaping into Web3

0
Roo Troop NFT Ended Their Partnership With Llamaverse: Here is why

Roo Troop NFT Ended Their Partnership With Llamaverse: Here is why

0
The Way forward for The Metaverse, Web3, NFTs, and Digital Land | by Shihtzu.alternate | Jul, 2022

The Way forward for The Metaverse, Web3, NFTs, and Digital Land | by Shihtzu.alternate | Jul, 2022

0
🤑 Hottest NFT dealer has remodeled M

🤑 Hottest NFT dealer has remodeled $30M

0
Joe Biden to defend financial agenda in State of the Union tackle

Joe Biden to defend financial agenda in State of the Union tackle

February 8, 2023
Present Richest Individuals within the World (2023)

Present Richest Individuals within the World (2023)

February 8, 2023
Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

Lido Finance Releases Particulars On Subsequent Improve Forward Of Ethereum Shanghai Launch

February 7, 2023
The Japanese Firm declares alt=

The Japanese Firm declares $0.11 dividend

February 7, 2023
Prime Web3 Tasks to Watch in 2023

Prime Web3 Tasks to Watch in 2023

February 7, 2023

Popular News

  • How seemingly will Ethereum rebound on the 00 – 00 degree?

    How seemingly will Ethereum rebound on the $1000 – $1100 degree?

    191 shares
    Share 76 Tweet 48
  • Skyweaver Launch Their First Ever Growth NFT Playing cards

    190 shares
    Share 76 Tweet 48
  • Dialogue Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Customers

    190 shares
    Share 76 Tweet 48
  • Buying and selling Bitcoin vs. Nano Bitcoin Futures: Know the Vital Variations

    190 shares
    Share 76 Tweet 48
  • Mumbai-Ahmedabad Shatabdi Specific New schedule, route | Practice quantity 12009, 12010 schedule – Indian Railways

    189 shares
    Share 76 Tweet 47
Ownnfthere

Don't Miss Out! Get the Latest Cryptocurrency and NFT Information Here

Categories

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • NFT News
  • Stock Market

Tags

Artwork Cryptocurrency Digital Art ETH Finance Investment Metaverse Network Partnership Polygon Sandbox

Newsletter

  • About Us
  • All Posts
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Contact Us

© 2022 Ownnfthere

No Result
View All Result
  • Home
  • NFT News
  • Bitcoin
  • Ethereum
  • Stock Market
  • Blockchain
  • Business
  • Guide
  • Contact Us

© 2022 Ownnfthere