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Home»NFT News»Epic Games CEO: No crypto or NFTs allowed for Fortnite; Blockchain integration is the way forward

Epic Games CEO: No crypto or NFTs allowed for Fortnite; Blockchain integration is the way forward

NFT News By Gavin24/07/2024
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Will It Change NFTs As We Know It
Will It Change NFTs As We Know It
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KEYPOINTS

  • Epic Games CEO Tim Sweeney confirms that Fortnite is not going to adopt cryptography or new fiat currency, even if future blockchain integration may be possible.
  • Sweeney has praised the blockchain technology’s innovative features and future potential applications such as its zero-knowledgeproofs and cryptographic protocols.
  • Epic Games wants to create an open metaverse that has interoperable economics.

Epic Games Tim Sweeney, CEO of Fortnite’s developer Epic Games Inc. has stated that blockchain technology may be integrated into the game in the future. However, it won’t involve cryptocurrency or non-fungible (NFT) tokens. 

Sweeney clarified this in a response tweet to Jonah Blake (co-founder of Game Fund Partners), who had asked about Fortnite’s potential blockchain use, and referred to a recent article. interview Matthew Ball

Cryptocurrency in Fortnite – no.

Blockchain – perhaps someday as a decentralized solution to distributed transactional evolution of simulation state computed among participants in an open ecosystem.

My comment about 200 player Battle Royale was simply an example of something we…

— Tim Sweeney (@TimSweeneyEpic) July 21, 2024

“We’ve plainly said many times that we aren’t adopting cryptocurrency or NFT trading or similar,” Sweeney wrote. 

Sweeney, while dismissing cryptography and non-fiat currencies (NFTs), acknowledged the promise of blockchain. He stated that blockchain technology could one day be used to control the transactional evolution and distributed simulation of states across participants within an open eco-system. 

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He was impressed with the technology. “awesome nerd technology” Sweeney spoke to Ball about the importance of blockchain concepts, such as zero-knowledge proofs and cryptographic consensus protocols. Sweeney stressed the importance blockchain concepts like zero-knowledge proofs, cryptographic consensus protocols and suggested that they could become crucial components in future systems.

Sweeney has also spoken about his vision of an “open metaverse with interoperable economies, accounts, and services across games and platforms.” This statement is in line with the company’s larger goals of creating a digital universe that’s more connected.

Epic Games’ metaverse has received significant investment in the last few years. The year 2022 is the target date. Sony invested $1 billion in the companyMetaverse users are showing a high level of interest. 

Disney launched a similar campaign in February. $1.5 billion investmentFortnite will be a major part of the expansion plan for its Metaverse. The partnership suggests the possibility of an immersive digital world featuring Disney, Pixar characters, Marvel, Star Wars and others.


“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: blog.cryptoflies.com

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