Microsoft’s Minecraft Goes Web3 With ‘NFT Worlds’ on Polygon


Microsoft’s Minecraft Goes Web3 With ‘NFT Worlds’ on Polygon

The sandbox-style video game Minecraft, released in 2011, is getting a Web3 update thanks to some developers not affiliated with Microsoft.

NFT Worlds is a project built on third-party Minecraft servers with a Polygon-based overlay. Polygon it’s a Ethereal side chain which offers less gas fees (i.e. transaction fees) for users. NFT Worlds’ block chain cape in Minecraft will allow players to access Web3 features such as an online store where they can purchase items for their Minecraft experience using $WRLD CKD-20 symbolic.

Some of the Minecraft software is open source, which means that anyone with the right technical knowledge can take advantage of it. And Minecraft doesn’t have an established economy like its competitor Roblox, which has a robust virtual marketplace and its own (non-crypto) digital currency called Robux. NFT Worlds offers players a metaverse experience in an existing game, which is great news for Minecraft fans and NFT collectors alike.

NFT— unique blockchain-based tokens that signify ownership of an asset — can come in many forms. In the case of NFT Worlds, NFTs are pieces of virtual land. There are 10,000 different worlds, ranging in appearance from snowy tundra a forest islands a massive volcanoes. The current floor price, or the lowest price to buy right away without making an offer, for a piece of land is 14.5 Ethereum, or around $38,150.

Since Microsoft purchased Mojang Studios, the developer of Minecraft, for a whopping $2.5 billion In 2014, Minecraft’s player base has grown. the game had 131 million monthly active users in 2020 and more 141 million monthly active users in 2021.

NFT Worlds has also seen a spike in interest, with over 26,000 player hours reported being logged on a test server in a three-day period this month. And from January to February of this year, the average price of an NFT World suddenly increased by 10 Ethereum ($26,000) after being virtually stagnant for months.

While some may balk at paying over $40,000 for a virtual piece of land, the competing Ethereum metaverse game the sandbox it often commands much higher prices. In December someone paid $450,000 for a small virtual piece of land next to rapper Snoop Dogg’s estate in The Sandbox.

Compared to the sandbox—whose economy is run by the $SAND token—, NFT Worlds holdings are exponentially larger.

Indeed, ArkDev, co-founder of NFT Worlds, said in a Twitter space on Wednesday that there are “concerns about the worlds being so huge.”

NFT Worlds co-founder Temptranquil added that “without some kind of transportation or portal system, a player wouldn’t be able to just walk” through an entire terrain in the game.

When it comes to future developments, the NFT Worlds team wants the game experience to be low-power and “frictionless” as possible by using a EIP-2771, an interface that can enable cheaper “meta transactions” on Ethereum. NFT Worlds also wants to create a kind of “global auction house”, which will function as its online marketplace.

The co-founders chose to build on top of Minecraft because they see Microsoft as developer-friendly and less strict than competitors like Roblox.

“Minecraft has a really great custom and thriving game development system,” ArkDev said.

Microsoft seems to support metaverse thinking more broadly, as its $68.7 billion Activision Blizzard’s acquisition last month was aimed in part at helping it develop “building blocks for the metaverse,” according to a press release at the time.

But building a Web3 world on top of an existing centralized game owned by a multi-billion dollar company is not without risk. ArkDev and Temptranquil are well aware of the possibility of being “hardened” by Microsoft, which means that Microsoft could shut down their project at any time with legal action.

To avoid this, they are in close contact with Microsoft representatives to make sure they are not breaking any Minecraft rules. End User License Agreement (EULA) at any stage of development.

Minecraft’s EULA states that no one may “make commercial use of anything we’ve made” or “try to make money off of something we’ve made,” rules that could apply against NFT Worlds in the future.

“We work very closely with their IP enforcement team,” Tranquil said on Twitter Space. “They are on our Discord constantly, checking our chat and we have meetings with them.”

That said, it’s unclear if Microsoft approves of the project.

“They’re looking at us from the sidelines, not as a formal green light, but I think in their eyes, we’re the best case scenario for someone using their product,” Tranquil said.

Minecraft’s global IP enforcement team has yet to respond to deciphercomment request.

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