Leveraging on Minecraft’s source code

April 27, 2022, 12:00PM EDT

• 11 min read

Quick Take

  • NFT Worlds is essentially a decentralized metaverse built upon existing centralized infrastructure, Minecraft.
  • Using its own internal tool, NFT Worlds is able to get unique imagery of each world and sync the changes made on the world in Minecraft back to its corresponding NFT.
  • But because it relies on Minecraft’s source code, NFT Worlds is at the discretion of Minecraft developer Mojang Studios and Microsoft, which might lead to the erosion of NFT Worlds’ value proposition.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Related:  Bankman-Fried sought 'constructive relationship' with criminal case witness

Already a Research Member? Login Here

Source link

Share this article: