• Market Cap: $2,418,160,157,835.35
  • 24h Vol: $108,433,118,919.67
  • BTC Dominance: 56.67%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Metaverse firm implements NFTs into its Minecraft and GTA 5 servers

Jon Hartney by Jon Hartney
September 19, 2022
in Bitcoin, Blockchain, Business, Market
0
Metaverse firm implements NFTs into its Minecraft and GTA 5 servers
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

“We wanted to show Mojang that it could be done in a way that benefited them and benefited their player base,” said MyMetaverse CEO Simon Kertonegoro.

Despite Minecraft creator Mojang Studios being against the integration of nonfungible tokens (NFT), a Metaverse-focused firm managed to introduce NFTs into several games including its own Minecraft server.

In an interview with Cointelegraph, Oscar Franklin Tan, the Chief Financial Officer of blockchain gaming firm Enjin, and MyMetaverse CEO Simon Kertonegoro shared how they were able to connect the dots and implement NFTs into Minecraft without violating its terms and conditions.

Related articles

Western Union eyes May for its stablecoin USDPT rollout

April 27, 2026
Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

April 27, 2026

According to Kertonegoro, Minecraft’s rules on NFTs have been about protecting players from negative experiences, and many servers have violated these rules. However, the executive highlighted that within their own servers, they are able to introduce NFTs without violating the game’s guidelines. They do this by not having any pay-to-win NFTs and making their best NFTs free to earn. He explained that: 

“We wanted to show Mojang that it could be done in a way that benefited them and benefited their player base and benefited the gaming industry as a whole. It’s obviously not you know, it’s not the fastest way to get people jumping in your server. […] But we knew that that was the right way to do it.”

Tan also weighed in on the topic and noted that Enjin supports MyMetaverse’s attempt to get into a conversation with Mojang studios as the firm’s NFT-integrated Minecraft server has been around for four years even before Minecraft placed its ban on NFTs. 

The executive also pointed out that even China, a country that’s outrightly against cryptocurrencies has expressed its interest in supporting NFTs. “If it works for the Chinese government, then why not Minecraft,” he mentioned.

Related: Minecraft ban ‘hypocritical’ and NFTs are inclusive — Animoca’s Yat Siu

Apart from Minecraft, the NFTs created by MyMetaverse also have an interoperability aspect and can be used in other games like in the firm’s Grand Theft Auto 5 (GTAV) server and its own massively multiplayer online (MMO) game, Infinity Realm. Kertonegoro explained that:

“These different games, read the user’s wallet, see that they own the NFT and provide them different benefits in the games. […] In Minecraft, this NFT is a sword. In GTA the NFT is a car and in Infinity Realms, the NFT is a house.” 

In addition to this, Tan also expressed his firm belief that having NFTs that work in various games is an important cornerstone for the development of the Metaverse. He said that: 

“Interoperability forms a greater community. It forms the foundation of what we now call the Metaverse, something we’ve been trying to build since 2018.”

As the NFTs run on Efinity, a Polkadot parachain developed by Enjin, Kertonegoro also highlighted that their NFTs will have a good effect on Polkadot’s broader ecosystem. “The ecosystem could only grow through adopters innovating. And that’s what we’re doing, really,” he said. 

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Western Union eyes May for its stablecoin USDPT rollout

by Jon Hartney
April 27, 2026
0

Western Union CEO Devin McGranahan said the company will focus on expanding adoption and embedding digital assets into its core...

Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

by Jon Hartney
April 27, 2026
0

Solana started a fresh increase above the $86 zone SOL price is now consolidating above $87 and might aim for...

XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

by Jon Hartney
April 27, 2026
0

XRP price started a decent increase above $14350 The price is now consolidating gains and might aim for more gains...

Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’

by Jon Hartney
April 27, 2026
0

More than $21 million in contributions has been made to the "DeFi United" relief effort so far, with another $215...

Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier?

by Jon Hartney
April 27, 2026
0

Ethereum price started a fresh increase and remained stable above $2,365 ETH is now consolidating and might aim for more...

Load More
  • Trending
  • Comments
  • Latest
SUI Price Hits All-Time High – But Questions About Valuation Remain

SUI Price Hits All-Time High – But Questions About Valuation Remain

October 17, 2024
Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

October 17, 2024
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10

October 17, 2024
Bitcoin Price Holds Firm: Can It Power Toward New Gains?

Bitcoin Price Holds Firm: Can It Power Toward New Gains?

October 17, 2024
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Western Union eyes May for its stablecoin USDPT rollout

April 27, 2026
Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move

April 27, 2026
XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move?

April 27, 2026

Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’

April 27, 2026

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Western Union eyes May for its stablecoin USDPT rollout April 27, 2026
  • Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move April 27, 2026
  • XRP Price Eyes $1.45 Break Again, Can Bulls Force Upside Move? April 27, 2026
  • Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’ April 27, 2026
  • Ethereum Price Climbs Gradually, Can Bulls Break $2,400 Barrier? April 27, 2026

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market
  • Uncategorized

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • bitcoinBitcoin(BTC)$84,372.003.58%
  • ethereumEthereum(ETH)$1,885.365.68%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.186.84%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • binancecoinBNB(BNB)$617.995.03%
  • Wrapped SOLWrapped SOL(SOL)$143.66-2.32%
  • solanaSolana(SOL)$128.974.23%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.1736117.78%
  • cardanoCardano(ADA)$0.687.61%
  • tronTRON(TRX)$0.2342340.79%
  • staked-etherLido Staked Ether(STETH)$1,884.065.48%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$84,309.003.84%
  • ToncoinToncoin(TON)$4.157.66%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • chainlinkChainlink(LINK)$14.027.76%
  • leo-tokenLEO Token(LEO)$9.211.17%
  • stellarStellar(XLM)$0.2743585.70%
  • avalanche-2Avalanche(AVAX)$19.647.71%
  • Wrapped stETHWrapped stETH(WSTETH)$2,256.395.40%
  • USDSUSDS(USDS)$1.00-0.01%
  • SuiSui(SUI)$2.429.03%
  • shiba-inuShiba Inu(SHIB)$0.0000137.71%
  • hedera-hashgraphHedera(HBAR)$0.17284810.00%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • polkadotPolkadot(DOT)$4.257.34%
  • litecoinLitecoin(LTC)$85.265.04%
  • bitcoin-cashBitcoin Cash(BCH)$314.248.23%
  • mantra-daoMANTRA(OM)$6.301.94%
  • Pundi AIFXPundi AIFX(PUNDIAI)$16.000.00%
  • PengPeng(PENG)$0.60-13.59%
  • Bitget TokenBitget Token(BGB)$4.664.95%
  • wethWETH(WETH)$1,884.285.66%
  • Ethena USDeEthena USDe(USDE)$1.00-0.04%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.18%
  • MurasakiMurasaki(MURA)$4.23-13.71%
  • Black PhoenixBlack Phoenix(BPX)$3.351,000.00%
  • Pi NetworkPi Network(PI)$0.714.53%
  • HyperliquidHyperliquid(HYPE)$13.729.80%
  • Wrapped eETHWrapped eETH(WEETH)$2,003.675.53%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$28.350.76%
  • moneroMonero(XMR)$217.841.31%
  • Zypto TokenZypto Token(ZYPTO)$0.037139-3.47%
  • uniswapUniswap(UNI)$6.217.66%
  • AptosAptos(APT)$5.395.79%
  • PepePepe(PEPE)$0.00000811.37%
  • daiDai(DAI)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$2.635.26%
  • XT.comXT.com(XT)$3.08-1.65%
  • Layer One XLayer One X(L1X)$23.35454.66%
  • sUSDSsUSDS(SUSDS)$1.050.05%
  • okbOKB(OKB)$48.762.12%
  • gatechain-tokenGate(GT)$22.883.58%
  • crypto-com-chainCronos(CRO)$0.1015853.46%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$84,342.003.68%
  • MantleMantle(MNT)$0.814.44%
  • Tokenize XchangeTokenize Xchange(TKX)$33.460.86%
  • internet-computerInternet Computer(ICP)$5.517.85%
  • ethereum-classicEthereum Classic(ETC)$17.074.81%
  • OndoOndo(ONDO)$0.817.47%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.12%
  • aaveAave(AAVE)$168.6110.19%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • Ethena Staked USDeEthena Staked USDe(SUSDE)$1.170.30%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • Official TrumpOfficial Trump(TRUMP)$10.354.36%
  • vechainVeChain(VET)$0.0233636.04%
  • cosmosCosmos Hub(ATOM)$4.538.09%
  • fantomFantom(FTM)$0.70-1.56%
  • BittensorBittensor(TAO)$231.277.72%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • EthenaEthena(ENA)$0.3616194.37%
  • render-tokenRender(RENDER)$3.6710.91%
  • filecoinFilecoin(FIL)$2.927.72%
  • CelestiaCelestia(TIA)$3.181.75%
  • Black AgnusBlack Agnus(FTW)$0.000183423.46%
  • Lombard Staked BTCLombard Staked BTC(LBTC)$84,465.004.02%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.2063993.13%
  • KaspaKaspa(KAS)$0.0682239.38%
  • STAUSTAU(STAU)$0.17397910.95%
  • FasttokenFasttoken(FTN)$4.020.01%
  • Sonic (prev. FTM)Sonic (prev. FTM)(S)$0.5212.98%
  • algorandAlgorand(ALGO)$0.1896979.65%
  • ORA CoinORA Coin(ORA)$4.885.92%
  • ArbitrumArbitrum(ARB)$0.3397526.22%
  • Arbitrum Bridged USDT (Arbitrum)Arbitrum Bridged USDT (Arbitrum)(USDT)$1.000.07%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • kucoin-sharesKuCoin(KCS)$11.231.19%
  • Solv Protocol SolvBTCSolv Protocol SolvBTC(SOLVBTC)$84,076.003.32%
  • fetch-aiArtificial Superintelligence Alliance(FET)$0.4856098.68%
  • optimismOptimism(OP)$0.776.43%
  • StoryStory(IP)$4.75-2.68%