The team behind Minecraft, one of the most popular games of all time, declared today that it won’t support NFTs. Gaming has been touted as a potential use case for NFTs, so the Microsoft-owned game’s stance on blockchain technology could have serious ramifications for such developers.
“NFTs are not inclusive of all our community and create a scenario of the haves and the have-nots,” Minecraft developer Mojang wrote on its website. “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.”
As Mojang alluded to in its note, some companies have already attempted to build businesses selling Minecraft NFTs. The Polygon-based NFT Worlds is the most prominent example of this, selling NFTs of virtual land that can be used in custom Minecraft servers.
Source: Tech Crunch