ICYMI: Facing a ban by Minecraft, NFT Worlds aims to unveil a ‘plan of action’ by the weekend
The company uses Minecraft's source code as a basis for its NFT-powered metaverse. It said it had been “blindsided” by the announcement from Minecraft makers Mojang Studios — which Microsoft acquired in 2014.
In a Discord update on Wednesday night, the team at NFT Worlds said it was looking at several options for how to continue the project, including trying to get in touch with “the right decision makers within the Minecraft policy enforcement team” to understand the change and see if there are any possibilities for continuing operations using Minecraft.
The effects of the announcement are already hitting NFT Worlds, however. OpenSea data for July 21 shows the sale of 555 NFTs from the NFT Worlds collection compared with 16 the day before. The average price has dropped too, from 3.33ETH to 1.06ETH. later this year, for instance — others have little interest in the technology or have even banned it outright. Steam prohibited crypto, NFT and blockchain games in mid-October last year.on Thursday, Yat Siu, executive chairman of Animoca Brands —— likened Microsoft and Minecraft to a “digital dictatorship.”
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