According to a blog posting published Wednesday, Mojang Studios is taking a stand on blockchain technology as well as non-fungible tokens (NFTs). Mojang is well known for producing the best-selling game of all time Minecraft, a three-dimensional (3D) sandbox game that has no intended goals. To date, Mojang has sold 238 million copies of Minecraft and no other video game has sold more copies. Minecraft's sales are followed by top sellers like Grand Theft Auto V (165M copies), Tetris (100M copies), and Wii Sports (82.9M copies). The blog post released on Wednesday, states that Minecraft won't be using blockchain technology or NFTs. Minecraft creators firmly believe that "all players should be able to access the same functionality" as well as "everyone should have access the same content." Using NFTs would go against the company's ethos, as NFTs can "create models of scarcity and exclusion that conflict with [the company's] guidelines and the spirit of Minecraft." Extremecraft The company cites a number of reasons like the fact there are too many blockchains issuing NFTs, "some third-party NFTs may not be reliable," and NFTs have been "sold at artificially or [for] fraudulently inflated prices." "As such, to ensure Minecraft players have safe and inclusive experiences, blockchain technologies aren't allowed to be integrated within our Minecraft client and servers applications nor may they used to create NFTs associated to any in-game contents, including worlds. skins. persona items or other mods," Mojang's blog posts details. The Stockholm-based developer of video games added: We will also be closely watching how blockchain technology develops over time to ensure the above principles are not violated and determine if it will allow for more secure gaming experiences or other practical and inclusive applications. However, we do not intend to incorporate blockchain technology into Minecraft. Mojang Will Not Follow Heavy Weight Game Software Developers like Square Enix and Konami. - Minecraft Creator Believes that 'Speculative Pricing' and 'Investment Mentality' Takes The Fun Out of Playing the Game Mojang's decision is made at a time Ubisoft and Square Enix have all launched NFT implementations in some way. Ubisoft, GSC Game World and Square Enix faced backlash at the end of 2021 over NFT inclusion. GSC Game World took the decision to stop production of NFT components for Stalker 2 after the companies were exposed to so much criticism. Nicolas Pouard from Ubisoft stated that players aren't understanding the benefits of NFTs and that they reject them. Konami announced in February that they would continue issuing NFTs in order to preserve the company’s content. Square Enix also participated with $35 million in an investment round for Zebedee's fintech and bitcoin payments processor Zebedee. Zebedee, a New Jersey-based company that integrates bitcoin payments into games, is based in Hoboken. Mojang does not want to have anything to do with NFTs or blockchain. It wants to be an all-inclusive gaming company. "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," Mojang concluded on Wednesday. Tags in this story What do you think about Mojang prohibiting blockchain and NFT technology from Minecraft? Let us know your thoughts in the comments below. Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News. He is a Florida-based journalist in financial technology. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Redman has contributed more than 5,700 articles to Bitcoin.com News since September 2015. These articles are about disruptive protocols that are emerging today. Funko Partners With Entertainment Giant Paramount in Dropping Avatar Legends NFTS Xiaomi files patent to create its own virtual characters powered by blockchain Image Credits Shutterstock, Pixabay and Wiki Commons. Editorial Photo Credit: Rokas Tenys/Shutterstock.com Previous article Next article Disclaimer: This article is for informational purposes only. This article does not constitute an offer to sell or buy, nor a solicitation for one. It also does not endorse any products, services or companies. Bitcoin.com is not a provider of investment, tax, legal or accounting advice. The author and the company are not responsible for any loss or damage caused by or alleged to have been caused by the use or reliance of any content, goods, or services mentioned in this article. More Popular News In case you haven't seen it Grayscale: SEC Risques Violations Admin Procedure Act By Rejecting Spot Bitcoin ETFs Grayscale Investments CEO explains that the U.S. Securities and Exchange Commission might have violated the Administrative Procedure Act if it did not approve a spot-bitcoin exchange-traded funds (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ...

Full name : fingersing00

Address :

Location : Bombooflat, Sikkim, India

Website : https://site-8479020-5450-4249.mystrikingly.com/blog/jason-momoa-to-star-in-minecraft-live-action-mo

Phone No :