Yesterday, Mojang announced that it was banning NFTs in Minecraft, something that the community mostly celebrated, and it has already sent waves over crypto. The initial price of NFT Worlds has fallen to less than a tier of its original value in one hour, but it is still unknown.
If you’ve never heard of that, NFT Worlds uses Minecraft to build “decentralised game metaverses” on the Ethereum blockchain. With the idea of hosting an “accessible, community-oriented, play-to-earn gaming platform that’s fully customized, where world owners create their own limitless meta-games or experiences for players or exclusive communities in their respective cultures.
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HELP: Let’s just stop laughing at the shitdish NFT Console.
That has over 966,000 worlds, and 64,000 players, but the price has dropped by 62.65 percent in the last 24 hours. An NFT World is now worth only ten dollars. This decline is expected to continue, because it has gone to 98 percent lower than its all-time high value, and to be more modest in the past hour. That value has dropped by 55,37 percent over the past week.
In order to ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not allowed to be integrated into our Minecraft client and server applications, or used to generate NFTs associated with any in-game content,” wrote Minecraft on Twitter.
This announcement sent shockwaves across the nonofficial NFT site built around Minecraft, such as the NFT Worlds and a lot more can be followed like Gridcraft. These systems have no access to Minecraft’s resources or likeness, so they are only allowed to continue to use them.
In reply to NFT Worlds’s statement, “We work through this internally and have the most hands-on deck resonant solutions around the Minecraft EULA change, et so forth. For NFT Worlds, the ecosystem is able to pivot, if necessary. There’s nothing more than a chance of having a king of Minecraft, or perhaps even even a player will be able to get there and play.