Ethereum

Minecraft Bans NFTs – So ‘NFT Worlds’ Creates Its Own Crypto Game Instead

When Minecraft announced that it would NFTs banned One blockchain project in particular has been hit hardest by one of the world’s biggest games of 2022. NFT World. Two years later, the brand was refreshed. Hitopia Now it’s aiming to become a huge success of its own, and maybe even take some of the shine from the Web2 gaming jackpot.

Using a custom Minecraft server as their home world, they created and sold NFT Worlds. There is not enough land in the game as NFT In ~ Ethereum network expansion polygon. They sold tens of thousands of dollars worth of ETH on secondary markets before the ban was announced, generating approximately $163 million worth of trading volume.

NFT Worlds has faced ridicule from some corners, as critics say. of course Minecraft does not allow third-party creators to monetize in-game content. But as anonymous NFT Worlds co-founder ArkDev said: decryptionThis week’s GG’s Game End User License Agreement (EULA) at the time did not specifically prohibit the use of encryption technologies on third-party servers.

He also claimed that he had been in contact with Microsoft’s EULA team ahead of the decision, as well as after the ban was announced, and that most seemed curious about how Microsoft was using the technology. There were no red flags, he recalled. But Microsoft remained silent, not even announcing the impending ban, he said.

“They no longer responded to us,” ArkDev said. “We were like this: good good. I think we’re just being backhanded in the dark. We don’t even know what’s happening.”

But instead of folding, NFT Worlds spun.

Since then, projects have started building their own games rather than relying on those from centralized giants with closed ecosystems. The rebranded game Hytopia is set to release soon, and its creators are also launching their own chain. high chain, you can build on other game studios. And there are also tokens.

Hytopia will take significant progress in that direction this weekend when it begins selling Hychain Guardian Nodes. This is similar in approach to the model adopted by Xai. Layer 3 Game Chain On the Ethereum scaling network decision In January, we launched a large airdrop benefiting node key holders. Like Xai, Hychain is also built on top of optionmeTrump technology.

Hi chain for sale NFTBase Guardian Node keys will start on Saturday at a price of 0.1 ETH (about $340). The price will gradually increase over time. Each key tier It is sold.

A total of 50,000 such keys will be provided, and users operating the network software will be eligible to share 250 million TOPIA reward tokens over the next three years. Guardian node operators also receive a 25% share of the overall network transaction fees.

Like Xai’s Sentry Node, Hychain Guardian Node is responsible for watching the network and checking its status when requested. ArkDev said that while its usefulness is relatively limited at the moment, it will become more essential with the upcoming Arbitrum network upgrade, expected in three to six months, allowing users to support Hychain as it grows.

The sale of Xai’s own Sentry Nodes keys has generated millions of dollars worth of revenue for the fledgling network, and Hychain’s sale could potentially do the same.

For ArkDev, this is also a way for users to invest in supporting the network and receive rewards for work that actively benefits the chain. This helps “align all the incentives” around the network, he said.

Not long after the node sale, Hytopia itself becomes playable. ArkDev expected a beta launch in early April. He described Hytopia as a cross between Minecraft and Roblox, one of the most popular games in the world. Roblox is a free-to-play platform where players can create and share their own games using millions of options.

Hytopia looks and feels similar to Minecraft, with a blocky, pixelated voxel feel, but with more flexibility in playing and creating within the world. Like Roblox, players can create and share their own games and worlds in Hytopia. And after the beta period, Hytopia can be played freely by anyone without NFTs.

“It unlocks the ability to create games you could never create in Minecraft and content you could never create in Minecraft. But it uses a familiar playstyle that people have grown to love over the years.”

And what about people who bought virtual land during the NFT Worlds days? These NFTs are still valuable in Hytopia, but for very different reasons. The idea of ​​land scarcity has disappeared. Instead, NFT owners can take advantage of Hytopia’s many perks focused on developers and content creators.

For example, NFT owners will receive lower fees for selling their in-game content on Hytopia games, and they will get better visibility for the games they create. There are also TOPIA staking rewards. You don’t need to own one of the NFTs to create content and games on Hytopia, but it will offer a better deal for serious developers.

Hytopia won’t be able to shake off its Minecraft associations easily, but ArkDev hopes it can demonstrate a model that supports the in-game item trading that commonly occurs on the black market in Web2 titles. Blockchain allows these transactions to take place within the game and give the developer a share of the revenue. If the concept solidifies, he thinks Web2 developers will seriously consider the technology.

“We think this is a really big opportunity. Once that’s proven, we think a lot of Web2 existing games will come along and start building on that model,” ArkDev said.

Edited by Ryan Ozawa.

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