New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home News

Team17 gives up on ‘MetaWorms’ NFT project due to immense backlash

New York Tech Editorial Team by New York Tech Editorial Team
February 1, 2022
in News
0
Team17 gives up on ‘MetaWorms’ NFT project due to immense backlash
Share on FacebookShare on Twitter

Yesterday, Team17, the developer and publisher of many beloved indie games, announced a “MetaWorms” project tied to its series of Worms games that stretches over 23 years and has sold over 75 million copies. Team17 said the generative NFTs would be “giving fans the chance to own a unique piece of video game memorabilia.” 24 hours later, Team17 now says it “is today announcing an end to the MetaWorms NFT project. We have listened to our Teamsters, development partners, and our games’ communities, and the concerns they’ve expressed, and have therefore taken the decision to step back from the NFT space.”

How did things change so much, so quickly? As we’ve seen in the response to the announcement of NFTs for S.T.A.L.K.E.R. 2, Ubisoft’s Ghost Recon items, and even an NFT project for voice acting, the backlash from the gaming community was swift and loud. Perhaps most importantly, it did not stop with tweets from anonymous Twitter accounts or posts on the publisher’s forums — at least three developers behind prominent Team17-published games spoke out in opposition to the plans.

Overcooked 2 developer Ghost Town Games promised fans that none of its future games will ever engage with NFTs, saying they carry too much environmental and social cost.

Playtonic Games has published Yooka-Laylee and Yooka-Laylee and the Impossible Lair through Team17 and said in a statement that “[w]e have no interest in utilizing NFTs in any aspect of our business now or in future. Nor do we endorse the use of NFT’s in the wider world.”

Going Under developer Aggro Crab Games tweeted a statement saying, “We at Aggro Crab condemn Team17’s decision to produce and engage with NFTs. We believe NFTs cannot be environmentally friendly or useful, and really are just an overall fucking grift.”

After 2021 saw an unprecedented boom in projects based on non-fungible tokens (NFTs), many fan communities are pushing back against companies launching the items that are purported to represent digital collectibles. Web3 companies continue to sprout seemingly by the dozens, mostly funded by venture capital, but traction among everyday end users who haven’t chosen to become traders is scarce.

Team17 is today announcing an end to the MetaWorms NFT project.

We have listened to our Teamsters, development partners, and our games’ communities, and the concerns they’ve expressed, and have therefore taken the decision to step back from the NFT space.

— Team17 (@Team17) February 1, 2022


Credit: Source link

Previous Post

7 Best AI Recruiting Tools (2022)

Next Post

Continuation funds drive GP-led secondaries wave

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Continuation funds drive GP-led secondaries wave

Continuation funds drive GP-led secondaries wave

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
10 Raunchy Movies on Netflix You Won’t Regret Watching

10 Raunchy Movies on Netflix You Won’t Regret Watching

May 20, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Clubhouse will soon let you pin links to the top of rooms

Clubhouse will soon let you pin links to the top of rooms

October 23, 2021
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
Ask Perion

Perion Launches Ask Perion to Bring AI-Powered Self-Service to Omnichannel Advertising

June 18, 2026
AI generated image courtesy of Famous Labs

Famous.ai and the Small Business Owner Who No Longer Needs Silicon Valley

June 17, 2026
Checkout customer service

Perion Selected by Best Buy Canada to Power Programmatic Retail DOOH Media Network

June 17, 2026
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026
man in a blue coat wearing glasses

Why Human Skills Matter More Than Ever in the AI Era

May 27, 2026
essential travel gadgets

May 24, 2026

Recommended

Ask Perion

Perion Launches Ask Perion to Bring AI-Powered Self-Service to Omnichannel Advertising

June 18, 2026
AI generated image courtesy of Famous Labs

Famous.ai and the Small Business Owner Who No Longer Needs Silicon Valley

June 17, 2026
Checkout customer service

Perion Selected by Best Buy Canada to Power Programmatic Retail DOOH Media Network

June 17, 2026
three men posing outdoors

An AI Company on a Tiny Island Just Beat the Biggest Names on Wall Street. Here’s the Part That Should Surprise You.

June 2, 2026

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

AI AI QSRs Allseated Automat-it AWS B2B marketing Business CISO CISO Whisperer Collaborations Companies To Watch cryptocurrency Cybersecurity Entrepreneur Fetcherr Finance FINQ Fintech Funding Announcement hi-tech Hi Auto Impala Investing Investors investorsummit israelitech Leaders LinkedIn Leaders Metaverse Mindset Minnesota omri hurwitz Perion PointFive PR QSR Real Estate start- up startupnation Startups Startups On Demand Tech Tech leaders Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media