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 explanation for his hesitancy, which sparked some dialogue within the feedback (as robust statements about crypto are likely to do). Sweeney has since clarified his views on NFTs somewhat, 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 prone to cease him from getting a wave of NFT pitches, which you’ll see for your self by looking out “@TimSweeneyEpic nft” on Twitter. It’s comprehensible why folks strive, although — Fortnite has made billions by the sale of digital objects, and there’s been a whole lot 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 house 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 most likely 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 become profitable, and NFTs aren’t prepared to unravel issues like its battle with Apple over what’s allowed within the App Retailer. It’s not like scams are stopping different well-known firms from diving into the house — the NBA-licensed Top Shots has operated with out incidents elevating too many eyebrows.
We aren’t touching NFTs as the entire area is at present twisted up with an intractable mixture of scams, attention-grabbing decentralized tech foundations, and scams.
— Tim Sweeney (@TimSweeneyEpic) September 27, 2021
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 net, 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 huge firms like Fb, Twitter, and Google. In fact, cryptocurrency (particularly Ethereum) performs an enormous half in that imaginative and prescient. The a part of the thread Sweeney retweeted remembers an early model of the net with open protocols and extra neighborhood authorities, although how that pertains to the way forward for Fortnite is unclear — maybe it was just a few nostalgia for an online that appears to be lengthy gone.