Microsoft recently announced that they will BAN #NFT use in @Minecraft - to create an "inclusive experience"

Epic Games CEO @TimSweeneyEpic countered that Epic Games Store will not ban NFTs in games

So, what does this mean for the future of gaming?

We break it down 🧵👇🎮
1/ So, first of all, Microsoft’s Mojang Studios recently announced that Minecraft will:

- Block the use of NFTs and blockchain technology on its servers

- Microsoft’s game will also bar the creation of NFT projects based on its assets

2/ This came as a blow to projects such as @nftworldsNFT which is built on Minecraft

3/ Microsoft's stance is also mirrored by the largest PC gaming marketplace, @Steam, which announced its own ban on #NFTs and #blockchain tech last October
4/ It's no secret to traditional gamers and #crypto natives alike that gamers strongly dislike anything to do with the #metaverse or #NFTs

So if such large and popular gaming platforms are anti-NFT, what does this say about the future of this nascent industry?
5/ Well, all hope is not lost as the Epic Game's CEO offered his own rebuttal and indicated that his company would not go down the same road:

According to him - "The metaverse is a term like the internet, No company can own it.”

6/ This stance is likely inspired by Fortnite being removed from both iOS and Android stores due to "gatekeeping" arising from Epic's legal challenges to both Apple and Google policy

-Epic is exhibiting a distaste for centralized control

decrypt.co/80691/epic-vs-…
7/ Epic Games is also known for:

- Smash hit game Fortnite as well as other titles

- Unreal Engine creation software that is widely used across the gaming and other entertainment industries
8/ As far as upcoming projects go:

@GoGalaGames has announced plans to launch its upcoming NFT-powered online shooter Grit via Epic

9/ Mythical Games also plans to bring its online create-and-play game, @PlayBlankos, to the platform

decrypt.co/103561/blankos…
10/ To put things further into perspective, the Epic Games Store had over 194 million users as of the end of 2021, and multiple NFT-powered games are coming to it later this year
11/ Epic Games also has significant metaverse aspirations, recently raising $2 billion at a $31.5 billion valuation with intentions to “build the metaverse”
12/ While the future of the nascent GameFi Industry is still being written before our eyes, it's clear that there are vying factions:

Those who wish to see NFTs and crypto gaming succeed and those who don't understand it yet

Let's wait and see how this develops...
We hope you've found this thread helpful.

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We break it all down for you here 👇 🧵 Image
In this thread, we will cover:

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Please consider retweeting the first tweet if you find the thread helpful.
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Builders are still buidling in the bear market!

We're always keeping tabs on the newest crypto projects that people are investing time and money into.

Here are some interesting web3 companies that just closed on funding from investors.

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A few weeks back, we covered 15 projects that had just fundraised, but there are already so many more exciting projects that we decided to do a part 2!

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---

Polygon has had a lot of new business announcements recently.

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A 🧵👇...
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• X = Initial Quantity of Token 1 ($aTKN) in the pool
• Y = Initial quantity of Token 2 ($bTKN) in the pool
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Let's look at an example to understand this.

Suppose at the initial state the pool has:

X = 100 $aTKN
Y = 100 $bTKN

So, 100 * 100 = 10000 = K(constant)

This constant is fixed and can't be altered.
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Here’s this week's newsletter 👇 🧵
We curate the best crypto content weekly and share it straight to your inbox.

Sign up for our newsletter from our Twitter profile so that you can keep up with the crypto world without spending all day on Twitter.

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Read on for this week's issue 👇
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