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Saturday, October 23, 2021

Epic’s CEO has unhealthy information in case you have been hoping to see Fortnite NFTs

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On Monday, Tim Sweeney tweeted that Epic isn’t touching NFTs, in a public response to what was presumably an NFT pitch. He cites the space’s problem with scams as the rationale for his hesitancy, which sparked some dialogue within the feedback (as sturdy statements about crypto are likely to do). Sweeney has since clarified his views on NFTs a bit, saying that, to him, proudly owning an NFT is about as beneficial as liking a picture on Twitter and calling into question whether or not NFT possession is definitely non-fungible.

Whereas Sweeney’s publicly made his place clear, it’s not more likely to cease him from getting a wave of NFT pitches, which you’ll be able to see for your self by looking “@TimSweeneyEpic nft” on Twitter. It’s comprehensible why folks strive, although — Fortnite has made billions via the sale of digital objects, and there’s been a variety of dialogue round utilizing NFTs in video games (not that Epic and Sweeney have been small fries earlier than Fortnite took off).

Whereas the NFT area does have fake art and shady goings-on at major companies (together with the various other scams which have taken off as NFTs rocketed to prominence this 12 months), that’s in all probability not why we aren’t seeing V-NFTs take the place of V-Bucks. A extra doubtless reply is that, to date, Epic doesn’t want to make use of blockchain tech to earn cash, and NFTs aren’t prepared to resolve issues like its combat with Apple over what’s allowed within the App Retailer. It’s not like scams are stopping different well-known corporations from diving into the area — the NBA-licensed Top Shots has operated with out incidents elevating too many eyebrows.

Curiously, Sweeney additionally retweeted a part of a semi-viral thread about “Internet 3,” or a popular concept in the crypto community of rethinking the online, specializing in blockchains and tokens. The concept is that Internet 3 is a return to the decentralized nature of Internet 1, versus “Internet 2.0,” the place most individuals spend their days on platforms owned by large corporations like Fb, Twitter, and Google. In fact, cryptocurrency (particularly Ethereum) performs a giant half in that imaginative and prescient. The a part of the thread Sweeney retweeted recollects an early model of the online with open protocols and extra group authorities, although how that pertains to the way forward for Fortnite is unclear — maybe it was just a few nostalgia for an internet that appears to be lengthy gone.

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