Wed, April 24

 Tim Sweeny’s Epic Games Won’t Ban NFTS

Epic Games Agrees To Pay Whopping $525M To Settle FTC Charges NFT News
  • NFTs will be allowed in the Epic Game store.
  • By the end of 2021,Epic Games store had over 194 million users.

Tim Sweeney, the founder, and CEO of Epic Games asserts that his company certainly won’t follow Minecraft’s creators in outlawing Non-Fungible Tokens (NFT). On July 21, Tim Sweeney posted this stand on the subject of NFTs on his personal Twitter account.

Tim Sweeney Stated :

Developers should be free to decide how to build their games, and you are free to decide whether to play them. I believe stores and operating system makers shouldn’t interfere by forcing their views onto others. We definitely won’t

Digital Gamings and Their NFT Stands

As it was previously reported, Mojang studios, the developers of Minecraft, outlawed NFT integrations on July 20, because they consider the speculative nature of NFTs, as well as their scarcity, dangers of exclusion, and potential for scams, to be incompatible with the game’s core values.

After the Mojang announcement, the NFT Worlds team said it was brainstorming on how to move forward. The team stated that it is attempting to contact Minecraft to see if they can find a possible solution; but otherwise, a switch to a Minecraft-like game engine or GameFi platform has been suggested as an alternative.

By the end of 2021, the Epic Games store had more than 194 million customers. Since then, Gala Games has disclosed plans to release Grit, an upcoming online shooter powered by NFT, through the marketplace. Along  with additional games, Mythical Games will make Blankos Block party, an online create -and -play game, available on the site as well.

NFT integration in games typically takes the form of collectibles, profile photographs, artwork, and other distinctive items that players can use inside the game as well as sell outside of it. Cryptocurrency or other blockchain technologies has not been included by Epic Games in their games. Developers have been able to publish their NFT-based games on the platform’s marketplace, nevertheless. 

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Journalism graduate who loves to write and Karate. And I love exploring new concepts and that brought me into the fascinating crypto and blockchain technology…