![]() Read more about the significance of this listing: /GpROyaZaA1 Besides, the JVCEA is the regulatory body in charge of cryptocurrency exchanges in Japan.Īfter 1.5 years of due diligence, we are thrilled to announce Enjin Coin $ENJ has been approved by the JVCEA and will be listed on making it the 1st gaming token authorized for use in Japan. This approval enables Enjin Coin (ENJ) to be listed on the Coincheck exchange. Popular PC gaming marketplace and platform Steam has also banned NFTs and crypto elements from being included in games.On the 19th of January, Enjin announced that the Enjin Coin (ENJ) has been approved by the Japan Virtual Currency Exchange Association (JVCEA). Additionally, Take-Two recently invested in NFT game studio Horizon. The firm acquired mobile/casual game studio Zynga earlier this year with plans to collectively explore “Web3 opportunities," as Take-Two CEO Strauss Zelnick claimed in January. Interestingly, Rockstar parent company Take-Two Interactive is actually keen on NFTs and crypto technology. They’re two of the best-selling games of all time, with Minecraft selling 238 million copies ( as of April 2021) and Grand Theft Auto V following with 170 million copies sold ( as of this month). Minecraft and Grand Theft Auto V are both enormous hits. The game will instead be developed on its own platform instead of being built on top of Minecraft. The move impacted the development of NFT Worlds, an unofficial derivative game that was being built on Ethereum scaling network, Polygon. In a post, the companies said that NFT scarcity models that limit access or capabilities to asset owners go against the “spirit of Minecraft.” In July, Microsoft and developer Mojang announced plans to ban NFTs and crypto tokens from fan-operated Minecraft servers, as well as prohibit unofficial Web3 derivative projects that use Minecraft assets. The technology can power games in which users own and can trade or sell their own assets, such as Axie Infinity, which generated over $4 billion in NFT trading volume- but has struggled since its explosive success last year. Another company, MyMetaverse, runs a GTA server with NFTs powered by Enjin’s Enjinverse platform on Polkadot.ĭecrypt reached out to Spacecaps, Enjin, and Rockstar Games representatives, but did not immediately receive comment back from any of them.Īn NFT is a blockchain token that can be used to represent ownership in a unique item, such as playable video game assets, artwork, and collectibles. The firm’s Snackclub division operates a GTA server called Cidade Alta, which uses NFTs for exclusive items. In September, Decrypt wrote about Brazilian gaming organization Loud and its Web3-centric parent company, Spacecaps. Other popular modded servers may cross the same line. “We will be working with them to find an amicable solution to this matter.” “We have no choice but to comply with their demands, as we intend to do right by Take-Two and Rockstar,” the statement reads. On Saturday, Lil Durk’s Only the Family Gaming organization tweeted that it would take down the server following contact from legal counsel of Rockstar’s parent company, Take-Two Interactive. Popular rapper Durk “Lil Durk” Banks recently launched his own GTA role-playing server with NFT assets, called Trenches. In some examples, Grand Theft Auto V servers have offered special cars and weapons represented as NFT assets. Some of those servers have implemented NFTs and crypto tokens as a way to give players ownership of unique assets in a persistent game world, or to provide certain exclusive benefits for regular players. In role-playing servers, which require a fan-made modification of the PC game, players take the role of typically non-playable characters (NPCs) in the world and interact together online. Last week, Rockstar Games updated its website to stipulate that fan-operated servers for Grand Theft Auto V can no longer utilize cryptocurrencies or crypto assets, specifically NFTs.įans have been operating so-called “role-playing servers” for Grand Theft Auto V for years, and they’re popular on streaming platforms such as Twitch. But Microsoft moved to ban Web3 elements from Minecraft this summer, and now Rockstar Games has done the same with its popular action franchise. Alongside fully Web3-native games built around NFTs, we’ve also seen fan-driven attempts to add NFTs and crypto tokens to popular online games like Minecraft and Grand Theft Auto V.
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