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Epic’s CEO has dangerous information if you happen to 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 house’s drawback with scams as the explanation for his hesitancy, which sparked some dialogue within the feedback (as sturdy statements about crypto are inclined to do). Sweeney has since clarified his views on NFTs a bit, saying that, to him, proudly owning an NFT is about as priceless as liking a picture on Twitter and calling into query 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 out “@TimSweeneyEpic nft” on Twitter. It’s comprehensible why folks attempt, although — Fortnite has made billions by means of the sale of digital objects, and there’s been plenty of dialogue round utilizing NFTs in video video games (not that Epic and Sweeney have been small fries earlier than Fortnite took off).

Whereas the NFT house does have faux artwork and shady goings-on at main firms (together with the varied different 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 possible reply is that, to date, Epic doesn’t want to make use of blockchain tech to generate income, and NFTs aren’t prepared to unravel issues like its combat 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 Prime Pictures has operated with out incidents elevating too many eyebrows.

Replied:

We aren’t touching NFTs as the entire discipline is at the moment tousled with an intractable mixture of scams, attention-grabbing decentralized tech foundations, and scams.

— Tim Sweeney (@TimSweeneyEpic) September 27, 2021

Apparently, Sweeney additionally retweeted a part of a semi-viral thread about “Internet 3,” or a standard idea within the crypto neighborhood 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 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 online 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 internet that appears to be lengthy gone.

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