Minecraft Rule Change Collapses NFT Community

Minecraft, one of the most popular and longest-lasting games out there, made an interesting rule change earlier this year: no integrations with NFTs would be allowed anymore. To many (or even most) players of Minecraft, this would likely be no big deal. But to a few who parlayed their servers into a play-to-earn model, the results would be disastrous. That is how I came across this fascinating story by Neirin Gray Desai at Rest of World. Desai recounts the story of how one savvy player established his own server, used NFTs to create an in-world currency, and make money doing…

I Want My NFT TV

A new entry from the “we never asked for this” department. LG has announced its Arts Lab with this bonehead feature: you can display, buy, and sell NFTs directly on the television. Emma Roth at The Verge brings us this gem of an idea. For now, only users in the US with an LG TV that runs webOS 5.0 or later can access the app, which is available to download from the TV’s home screen. Through the portal, you can buy and sell digital works made available through LG’s NFT drops. The first one of these drops is set to…

NF(1)T

Once again we dive into the world of NFTs. As I’ve talked about, these tokens are a huge deal in crypto circles with many using them as investments, get-rich-quick schemes, and complete rip-offs. Now we get to see the flip-side of this with the video game F1 Delta Time. This game, which bears the official F1 licence, used NFTs to sell players unique cars within the game. But now, the studio has lost its licence to F1 and the game has shut down. Players, who were spending a lot of money on these tokens, were given a whopping one day…

The Lime Is Back

In the heydey of the aughts, it was extremely common to find music downloading software running on every college kid’s computer. Music piracy was rampant. After the downfall of Napster, one service became king: LimeWire. It was sued into oblivion by the RIAA in 2010. Now, it returns but in the most 2022 way possible: an NFT marketplace. Meera Navlakha at Mashable has more. The defunct platform is getting a crypto makeover, thanks to a pair of entrepreneurs in Austria who have just bought the rights to LimeWire. Paul and Julian Zehetmayr will be relaunching under a new company, LimeWire…

From the Terrible Ideas Department

Twitter’s Twitter Blue premium (and paid) service posted this head-scratcher about a new ‘perk’ to paying the company money to use Twitter: gm! You asked (a lot), so we made it. Now rolling out in Labs: NFT Profile Pictures on iOS I’m not sure why people would ‘need’ this feature when an NFT is literally an image you can screen shot and upload as your profile photo. Even worse is the growing fad of companies jumping into NFTs as if it’s some super-hot market. From what I can tell, most people have no clue what an NFT is nor can…