Minecraft-min

The traditional gaming sector has been reluctant to venture into non-fungible tokens (NFTs) because of the backlash unleashed by gamers. Some developers have objected to NFTs, saying they corrupted the gaming ecosystem.

Minecraft has now announced that it will not support NFTs, adding that these digital assets were not inclusive of the community. The game said that adding NFTs would distinguish between the “haves and the have-nots.”

Minecraft does not want NFTs

Minecraft developer Majong said that the speculative nature of NFTs and the association of these assets with investments turned the focus away from enjoying the game to generating profits. Mojang added that NFTs failed to support long-term fun and player success.

Mojang added that some companies had tried to sell Minecraft NFTs. One of the examples of this is NFT Worlds created on the Polygon network. The company sells NFTs depicting virtual land that can be used within custom Minecraft servers.

The NFT Worlds website says that the platform is inspired by many years of open source development within Minecraft. The platform has also focused on crypto games that use play-to-earn models. The announcement made by Mojang seems to have disrupted NFT Worlds, as, during the past 24 hours, the floor price of these NFTs has dropped by around 66%.

NFT Worlds reacts to Minecraft’s dislike for NFTs

A developer of NFT Worlds addressed the announcement made by Mojang, saying that it had come out of nowhere. In a Discord announcement, the developer added that Minecraft was walking away from innovation, and it could witness negative effects in the long run.

The developer said that the company would reach out to Minecraft to understand what had prompted this decision. NFT Worlds plans to explore other options if it fails to reach a consensus with Minecraft. One of the options discussed on Discord is for NFT Worlds to run a similar game engine as Minecraft. The company could also start operating as a platform-as-a-service, targeting developers who want to tap into their tech.

The Web 3.0 & crypto space has also been disrupted by the bear market witnessed in the cryptocurrency sector. With the dropping crypto and NFT prices, some traditional gaming companies have slowed down any plans they had to venture into Web3. Moreover, earlier this year, a $630 million hack was witnessed on Axie Infinity’s Ronin Bridge, highlighting the vulnerability of crypto-native games.

However, new promising projects within the blockchain gaming space are sprouting up, and one such example is Battle Infinity. Battle Infinity is a blockchain gaming platform focused on fantasy sports. The platform was launched in 2022 and focuses on NFTs, the metaverse, and blockchain. Battle Infinity has set itself apart by having a rock-solid roadmap and focusing on transparency.

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