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Minecraft’s disdain for NFTs isn't unique within the landscape of big-name gaming properties. Valve has long banned NFTs, and blockchain integrations from its gaming marketplace Steam, a hotbed for trading in-game, non-NFT digital assets such as character skins. Epic Games, the creator of Fortnite, says it’s also staying away from integrating NFTs in any of its in-house titles, though it hasn’t barred games that use them from its marketplace like Valve.
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The “play-to-earn” concept in which game economies are set up to get players to grind to earn coins with a tangible value. The prime example of this was Axie Infinity, but even before this current crypto crash, the feudalism-style economy of that game all but completely collapsed.
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NFTs are tokens that can’t be exchanged for one another. They’re often touted as a way to prove ownership of digital assets like art or sports collectibles. But critics see them as overhyped and potentially harmful to the environment given the power-hungry nature of cryptocurrencies. Many NFTs are built on the network behind ethereum, the second-biggest token.
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One of the most pro-crypto companies is Ubisoft, which has already launched its own NFT market, called Quartz, and has backed Animoca Brands, the company behind The Sandbox, one of the most well-known metaverse-based platforms.
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Sega, the renowned game development company based in Japan, has hinted at the use of NFT (non-fungible token) and metaverse elements in its new game proposal. Dubbed “Super Game,” this new framework includes a series of AAA games that will use the new and existing IP (intellectual property) of the company to innovate using Sega’s technology. Masayoshi Kikuchi, a producer at the company, stated in an interview that this will serve to explore how different games can be connected together, hinting at a possible IP metaverse.
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The agreement may result in the integration of Krafton’s games into the Solana blockchain, enabling players to conduct in-game transactions using cryptocurrencies such as Solana’s native token SOL, as well as the use of non-fungible tokens. PUBG is a prominent battle royale shooter franchise available on a variety of platforms. The series’ mobile Android and iOS editions have surpassed 1 billion downloads, while the PC and console entries have exceeded 75 million downloads combined.
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DarleyGo, an NFT horse racing game empowered by blockchain technology, completed its initial DEX offering (IDO) for its token, DGE. The company is excited to announce that the IDO round was a complete success. With the downward trends on the Solana platform, which has led to unsatisfying crypto market conditions, some technical difficulties have emerged.
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Epic Games is open to blockchain game developers, but the company has no NFT plans.