Team17 ends MetaWorms NFT project after public backlash - Gamepur

United States News News

Team17 ends MetaWorms NFT project after public backlash - Gamepur
United States Latest News,United States Headlines
  • 📰 Gamepur
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Consumers and artists continue pushing back against NFTs. Will companies listen?

The backlash ended up doing the trick, as Team17 announced today that it will end its MetaWorms NFT project. The company writes that it has “listened to our Teamsters, development partners, and our games’ communities,” and has decided to take a step back from the NFT space.We have listened to our Teamsters, development partners, and our games’ communities, and the concerns they’ve expressed, and have therefore taken the decision to step back from the NFT space.

Despite the public outcry against NFTs, many companies continue to push forward with them. Ubisoft claims that “gamers don’t get what a digital secondary market can bring to them,” and is moving . Team17 tried to lessen the environmental concern by calling its MetaWorm NFTs “environmentally friendly,” which obviously did not have the company’s desired outcome.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Gamepur /  🏆 277. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ubisoft Executive Thinks Players Reject NFTs Because They Don't Understand Benefits – Bitcoin NewsUbisoft Executive Thinks Players Reject NFTs Because They Don't Understand Benefits – Bitcoin NewsAn executive at Ubisoft, one of the leading traditional entertainment and videogame companies, has issued his opinion on the cold shoulder that fans and gamers have offered NFTs.
Read more »

Former Ark Invest Crypto Lead: Rise of NFTs Is Bearish Signal for Crypto MarketFormer Ark Invest Crypto Lead: Rise of NFTs Is Bearish Signal for Crypto MarketWhile Bitcoin Ethereum and other cryptocurrencies bleed, the NFT industry is blossoming, but here's why it might be worrying
Read more »

Nifty News: The Lennon Collection, Gucci and Lamborghini NFTs, Atari's 50th anniversaryNifty News: The Lennon Collection, Gucci and Lamborghini NFTs, Atari's 50th anniversaryJulian Lennon auctions off Beatles memorabilia as NFTs, Italian brands Gucci and Lamborghini develop NFT collections with both digital and physical elements, and Atari develops giftable NFTs for its 50th anniversary.
Read more »

Kanye West Does Not Want to Get Involved With NFTsKanye West Does Not Want to Get Involved With NFTsKanye West wants to produce items for the 'real world,' and not interact with non-fungible tokens.
Read more »

Here's Why Kanye West Won't Do NFTsHere's Why Kanye West Won't Do NFTs.kanyewest has clarified that he only cares about physical products
Read more »

Coachella Music Festival to Launch Solana NFTs in Deal With FTXCoachella Music Festival to Launch Solana NFTs in Deal With FTXNEW: The coachella music festival, set to return this April after a two-year hiatus, is rolling out a series of NFTs through a deal with FTX. lil_smush reports
Read more »



Render Time: 2025-02-21 00:16:49