22.07.2022

Mojang has stated that it is not going to support NFT in Minecraft. This caused a 70% drop in the value of the NFT Worlds token

On Wednesday, the Minecraft developer published an appeal to the players. In it, she said that she was in the process of updating user guidelines. In light of this, the company decided to clarify its attitude to NFT. She’s against them. Mojang is not going to support them or allow them into Minecraft. The statement caused a resonance.

Now a little more detail.

According to the appeal, it is prohibited “both the integration of blockchain technologies into client or server applications associated with it, and the use of in-game content created within Minecraft to create a scarce digital asset.”

This is a response to the emergence of NFT extensions created by third-party companies for Minecraft. Some of these extensions just create tokens based on the game, and also allow you to earn them by performing any actions on the server or even outside it.

After this statement, the tokens of NFT Worlds, a popular NFT project that was just selling unique Minecraft worlds, fell in price by 70% – from $ 4,500 to $2,100. Earlier it was reported that the turnover of the project reached $75 million.

The developers of NFT Worlds claim that they are trying to get in touch with Microsoft, find out why the company suddenly decided to take such measures, and also find out “what true internal motives there could be.”

However, as a Microsoft representative explained to VICE (apparently, it was not difficult for journalists to get to him), not everything is lost for NFT Worlds. Users who have previously bought worlds from them will be able to use them, because the NFT associated with them is somewhere out of the game. But it will really be impossible to send and receive tokens within the framework of the game itself.

According to NFT Worlds, there are about 100 NFT projects involved in creating worlds in Minecraft.

Source:

VICE
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