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 robust statements about crypto are inclined to do). Sweeney has since clarified his views on NFTs somewhat, saying that, to him, proudly owning an NFT is about as helpful 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 see for your self by looking “@TimSweeneyEpic nft” on Twitter. It’s comprehensible why individuals attempt, although — Fortnite has made billions by the sale of digital objects, and there’s been loads of dialogue round utilizing NFTs in video video games (not that Epic and Sweeney had been small fries earlier than Fortnite took off).
Whereas the NFT house does have pretend artwork and shady goings-on at main firms (together with the assorted 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 doubtless reply is that, to date, Epic doesn’t want to make use of blockchain tech to earn a living, and NFTs aren’t prepared to resolve 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 High Photographs has operated with out incidents elevating too many eyebrows.
We aren’t touching NFTs as the entire discipline is at present twisted up with an intractable mixture of scams, fascinating decentralized tech foundations, and scams.
— Tim Sweeney (@TimSweeneyEpic) September 27, 2021
Curiously, Sweeney additionally retweeted a part of a semi-viral thread about “Web 3,” or a popular concept in the crypto community of rethinking the net, specializing in blockchains and tokens. The concept is that Net 3 is a return to the decentralized nature of Net 1, versus “Web 2.0,” the place most individuals spend their days on platforms owned by large firms 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 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 internet that appears to be lengthy gone.