Epic Games Will Not Follow Minecraft In NFT Ban

Epic Games will not follow Minecraft in the NFT ban idea as the CEO Tim Sweeney also said that the developers should be free to decide how to build their games so let’s read more today in our latest cryptocurrency news today.

Epic Games founder said his company won’t follow Minecraft developers in banning nonfungible tokens. Minecraft developers Mojang Studios decided to ban NFT integrations as it thinks the speculative aspects of these assets alogn with scarcity and risks of exclusion and scams are associated with them being against the principles of the game. The move was seen as controversial in the NFT community while it was met with praise from the crypto skeptics. Sweeney’s company is the creators of the successful battle royale game Fortnite tht is also seen as a Metaverse platform and while Epic Games is not pro-crypto or pro-NFT, the CEO said the company is not looking to enforce more views on the subject of the users:

“Developers should be free to decide how to build their games, and you are free to decide whether to play them. I believe stores and operating system makers shouldn’t interfere by forcing their views onto others. We definitely won’t.”

hey @EpicGames it’d be really nice to see the same opinion from the epic games store. please get rid of every last one of those games on the store @TimSweeneyEpic https://t.co/lTXX0x1MFg

— Joe (@DicklessRichard) July 21, 2022

Twitter user Low5ive asked Sweeney if Epic Games’ policy on banning discriminatory content is different from this and in response, Sweeney suggested that Epic Games does make editorial judgments but the NFTs don’t fall under them. He said:

“A store could choose to make no such judgments and host anything that’s legal, or choose to draw the line at mainstream acceptable norms as we do, or accept only games that conform to the owner’s personal beliefs.”

The NFT Ban by Mojang Studios left one particular project dubbed NFT World with a major problem solving given that it was built on the Minecraft open source servers. The community-driven platform has entire crypto and NFT ecosystem that is built around it with the NFTS generating 51,000 ETH or about $80.9 million worth of trading volume and since the news dropped, the floor price of the NFTs dropped from 3.33 ETH to 1.01 ETH while the native WRLD dropped by 55% in the time frame.

We've just shared the following announcement on our Discord regarding the current @Minecraft & @nftworldsNFT situation. pic.twitter.com/ARbKABRK4A

— NFT Worlds (@nftworldsNFT) July 20, 2022

After the Mojang announcement, the NFT worlds team stated that it is working on solutions on how to move ahead and the team mentioned that it is working to get in contact with Minecraft to see if a new solution can be found. Otherwise a pivot to Minecraft-like games or GameFi platforms that are outlined as possible solutions.