Minecraft Is Banning NFTs Because They Create ‘Scarcity and Exclusion,’ Contrary to Platform’s Values
Todd Spangler NY Digital EditorNot everyone is jumping on the NFT bandwagon.Minecraft, the open-world game platform owned by Microsoft, has notified players that “integrations of NFTs with Minecraft are generally not something we will support or allow.”In the July 20 notice, the game’s developer, Mojang, said it has rules in place to ensure that Minecraft “remains a community where everyone has access to the same content. NFTs, however, can create models of scarcity and exclusion that conflict with our guidelines and the spirit of Minecraft.”Nonfungible tokens (NFTs) provide unique identifiers, which are part of a blockchain, that can authenticate the ownership of any form of digital asset (enabling markets for trading or selling those).