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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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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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Epic Games is open to blockchain game developers, but the company has no NFT plans.