Minecraft Blocks the Blockchain from Its Block Game

While players have been permitted to charge fees for access to private Minecraft servers that they control The company's usage guidelines stress that "all players should be able to access the same functionality" in those servers.  Mc list This is in contradiction to the principal reason behind NFTs, which Mojang describes as "digital ownership that is founded on the concept of scarcity or exclusion" and is in contradiction to Minecraft values of inclusion, creativity playing with others and sharing.

Apart from these kinds of philosophical issues, Mojang also expresses concerns regarding "instances where NFTs were sold at fraudulently or artificially inflated prices" and also situations where NFT assets "may require an asset manager who could disappear without notice." These types of issues suggest that "some third-party NFTs could not be reliable and may end up costing players who buy NFTs," Mojang warns.

Mojang has left a small window open for future NFT applications, which could "allow for more secure experiences and other practical and inclusive games." The company does not have plans to implement blockchain technology in Minecraft.

A rug pull that is external?

Mojang's announcement is going to have a major impact on projects such as NFT Worlds. NFT Worlds sells NFTs linked with world seeds, which are used to create specific Minecraft maps. OpenSea data shows that NFT Worlds has traded over 50,000 Ethereum (or $76 million at today’s exchange rates), with individual world tokens selling on average for around 2.5 ETH (about 3,700 in the present).

Daily trading in NFT World tokens has been declining for months along with the overall cryptocurrency crash of recent months, however. Mojang's announcement on Wednesday caused an immediate drop in the value of NFT Worlds cryptocurrency by nearly 70%.