Itch.io Blasts NFTs, Calls It NFT Scam

Itch.io Blasts NFTs, Calls It NFT Scam

Play To Earn Games | 09 Mar 2024 10:05 UTC

Itch.io Blasts NFTs and terms them as NFT Scam.

When asked about the stance on NFT's, Itch.io didn’t hold back or mince words, it went all out with a clear-cut stance; NFT Scam. The straightforward and ruthless answer was; NFTs are a scam.

Itch.io Blasts NFTs, Calls It NFT Scam
Itch.io Blasts NFTs, Calls It NFT Scam

Itch.io now stands with the likes of Steam and others that have slammed NFTs games. Itch.io is the biggest digital marketplace for indie gamers and developers and it hosts hundreds of thousands of games.

NFT Scam?

Itch.io said on Twitter, “A few have asked about our stance on NFTs: NFTs are a scam. If you think they are legitimately useful for anything other than the exploitation of creators, financial scams, and the destruction of the planet the[n] we ask that [you] please reevaluate your life choices.”

The Tweet comes in days after Team17 and EA changed course regarding NFTs. The indie marketplace is now among those who now stand openly against NFT's.

The decision is in contrast to Ubisoft who strongly supported NFTs and even launched it in Ghost Recon: Breakpoint as part of a scheme called Ubisoft Quartz.

Let’s have a look at some of the recent NFTs cancellations. Team17 recently canceled plans for Worms NFTs, Stalker 2 also canceled its NFT auction. EA’s co-founder also signaled that they aren’t as much interested in NFT's as before.

Itch.io Blasts NFTs, Calls It NFT Scam
Itch.io Blasts NFTs, Calls It NFT Scam

Tony Baker also canceled his partnership with an NFT firm. And then we have Discord canceling all its NFTs and crypto plans.

However, you can still find NFT games on the indie marketplace Itch. But their entire model is based on the idea that Itch sells almost anything and everything and a lot too without any profit.

But Itch has cleared its stance about crypto and NFTs and it is evident that the platform is well aware of all the problems and facade NFTs and crypto have.

Gaming News Of Video Game Consultant;

Every day the latest video game news about the gaming industry. Video games news on NFTs (non-fungible tokens, NFT, NFT’s) , Play to Earn (P2E/Play-to-Earn), crypto games and crypto currencies, gaming guilds, Metaverse, VR, AR, AI, Virtual Worlds, Avatars, Digital Assets, In-game digital currencies, Web3 development, Blockchain based video games and its transactions and payments in the games.

Entertainment and all the big tech companies and technology behind it. Hyper Casual Games and the game studio’s that lead the way. Mobile games, PC games and Console Games and their vision on cloud gaming, streaming, esports and gamer communities. Online digital entertainment like movies, music, concerts, art and top brands such as fashion and much more that connect with video games in the metaverse.

If you want to stay up-to-date of my daily game news, then follow me on Google News.

If you want to find all game reviews on our sites, then check these pages:

Want to stay updated about Play-To-Earn Games?

Join our weekly newsletter now.

See All
WIF Solana Memecoin and Ethereum ENS Surge 45% - Is an Altcoin Boom Imminent?

WIF Solana Memecoin and Ethereum ENS Surge 45% - Is an Altcoin Boom Imminent?

Riding the Altcoin Wave: A New Era in Cryptocurrency As we immerse ourselves deeper into the digital age, the cryptocurrency realm consistently gifts us with thrilling rides through its volatile waves, particularly when it comes to altcoins Recently, two prominent names have stolen the spotlight with their commendable surges— the charismatic Dogwifhat (WIF) from the Solana blockchain and the innovative Ethereum Name Service (ENS) based on Ethereum Both projects have notched up rallies surpassing 45%, heralding a prosperous season for altcoins But while these digital assets bask in their glory, a dark horse by the name of RCO Finance (RCOF) is meticulously carving a pathway to potentially eclipse them with its trailblazing AI-powered DeFi platform Dogwifhat (WIF) and Ethereum Name Service (ENS): The Spotlight Stealers Dogwifhat (WIF), a darling of the Solana ecosystem, has experienced a remarkable appreciation of 45% over the last week, pushing its market capitalization north of $2 billion...

Read more
Peter Thiel's Investment Spearheads $85M in Startup Focused on Sentient AI

Peter Thiel's Investment Spearheads $85M in Startup Focused on Sentient AI

The Next Frontier in AI: Open-Source Development Gets a Major Boost The world of artificial intelligence is on the brink of a significant revolution, with a recent announcement shining a spotlight on the future of AI development An $85 million seed investment, led by notable entities such as Peter Thiel’s Founders Fund, alongside Pantera Capital and Framework Ventures, is set to empower Sentient, an innovative open-source AI development platform This move marks a pivotal step toward creating an ecosystem where AI developers can not only share but also profit from their models and data Evolving Open-Source AI At the heart of this investment is a response to the growing concerns around the monopolization of AI technologies by a few powerful entities through closed-source systems Sentient aims to challenge this status quo by enhancing the open-source landscape, thereby offering developers a chance to become key players in the AI field...

Read more
Eldarune Unveils Updated War of Elements Version and Hosts New Tournament

Eldarune Unveils Updated War of Elements Version and Hosts New Tournament

Welcome to the Ultimate Medieval Adventure: Get Ready for the New World of Elymnias If you've ever dreamed about diving into a realm brimming with knights, magic, and quests, but with a modern twist, then listen up Eldarune, one of the coolest names in the web3 gaming space, has rolled out an eagerly awaited update for its flagship title, World of Elymnias (WoE) But that’s not all; they’re upping the ante with a series of heart-pounding tournaments ready to challenge the community and crown champions among the players Fuelled by DIGA Labs and powered by the robust backing of Digard, Eldarune is soaring the flag of innovation in the sky of the blockchain gaming universe...

Read more

Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
No obligationsFree to use