Mojang Studios, the Microsoft-owned developer behind the wildly popular procedurally generated sandbox game “Minecraft,” announced Wednesday that NFTs and other blockchain products would not be supported by the studio or allowed in the game.
As a form of blockchain technology, an NFT or non-fungible token is basically a unique receipt tied to the blockchain for any digital asset — such as a video, an illustration, a character model in a video game or anything else you can access on a computer — that verifies the holder as the one true owner of the asset. For example, if a “Minecraft” player had the NFT for a pickax that looks like a lightsaber, that player can claim to be the legal owner of the original lightsaber pickax.
In its statement, Mojang explained that NFTs run counter to the game’s values of cooperation and collaboration because the virtual assets are by their nature extremely scarce collector’s items.
Mojang also said that the mind-set NFTs would introduce into “Minecraft...
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