Whereas some industries are nonetheless sussing out their opinions on NFTs, the online game neighborhood is making it clear: NFTs stand for “No F’n Thanks” of their trade.

The most recent firm to take a stand in opposition to non-fungible tokens: Mojang Studios, the developer of the massively well-liked online game, Minecraft.

In a assertion put out right this moment on the official Minecraft web site, titled merely “Minecraft and NFTs,” the corporate made it crystal clear that it could not allow any kind of blockchain or NFT integration with its sport.

Mojang Studios and Minecraft laid out a number of causes as to why they’re in opposition to NFTs. For one, they made it clear that pretend shortage performs a serious half in it. NFTs, or non-fungible tokens, are principally digital property saved on a blockchain. A singular token is minted and linked to a media file with a view to declare possession of that piece which has turned NFTs into speculative property. 

The assertion makes clear that Minecraft is just not in opposition to monetizing, and makes use of the instance of customers charging for entry to a Minecraft server as an accredited use case. Nevertheless, as a result of NFTs would change the gameplay dynamics and provides gamers with financial means an upperhand in-game, the developer is against the expertise.

“To make sure that Minecraft gamers have a protected and inclusive expertise, blockchain applied sciences usually are not permitted to be built-in inside our Minecraft shopper and server purposes nor might they be utilized to create NFTs related to any in-game content material, together with worlds, skins, persona gadgets, or different mods,” declares the assertion.

The developer additionally introduced up considerations concerning the trustworthiness of third-parties who mint Minecraft-related NFTs, and their tendencies to desert initiatives, and fraudulently inflate costs on the NFT aftermarkets.

“No blockchain for block sport,” as Molly White of the web site Web3 is Going Nice succinctly put it. The web site tracks the assorted scams, frauds, and drama occurring within the Web3 world, which incorporates cryptocurrencies and NFT initiatives.

As White factors out, the worth of present (and unauthorized) Minecraft NFT initiatives tanked on the information of Mojang Studios’ assertion. NFT Worlds, which additionally has a token related to it, noticed the worth of each the token and its NFT ground costs crater by greater than 70 %.

Minecraft’s Mojang Studios is way from the primary online game firm to run distant from NFTs. Avid gamers have made it clear that they hate the concept of shopping for NFTs on prime of the video video games they already buy. And their anti-NFT opinions have compelled the trade to observe. Simply earlier this month, Sony introduced a loyalty program referred to as Ps Stars which can reward gamers with digital collectibles. The corporate harassed that these digital collectibles had been not NFTs.

“It’s positively not NFTs. Positively not. You’ll be able to’t commerce them or promote them. It isn’t leveraging any blockchain applied sciences and positively not NFTs,” mentioned Grace Chen, Sony VP of community promoting, loyalty, and licensed merchandise, in an interview with The Washington Publish.

Mojang Studios did finish its assertion by saying that they might monitor how blockchain expertise evolves for any doable future use circumstances, leaving the door considerably open based mostly on at the moment non-existent prospects. However, at the least for the foreseeable future, chalk up one other win for avid gamers who completely hate NFTs.