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Fortnite Token: Tim Sweeney Says It’s A Scam

The head of Epic Games says the company has nothing to do with this cryptocurrency, which claims to be launched fairly, is community-driven and created by Fortnite fans…

 

The Fortnite Token first appeared on Twitter on December 31 and was uploaded to the Phantom blockchain on February 20. For months, there was not much attention, but on May 29, the NFT minting and the sale on OpenSea got a reaction from Sweeney, quite succinctly: “It’s a scam”, so Epic Games is already aware of the crypto/NFT pair that is not very connected to them…

Fortnite Token responded: ” Fortnite Token isn’t a scam cryptocurrency project. Instead, this is a fair-launch, community-driven,  Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future,” which is a PR-sounding response with no thought behind it. No wonder Sweeney was quick to respond: that is not how trademarks and copyright work and that the Fortnite name and images cannot be used to promote an unrelated product without permission.

He later stressed that there is no official Fortnite cryptocurrency, that Twitter accounts advertising it are scamming everyone, and that Epic Games’ lawyers have already been notified. He said it was a disgrace that cryptocurrency trading outlets would allow it to happen. Sweeney (presumably in his boredom) responded to nine tweets with some sort of “it’s a scam” reaction. He is not against this technology . He says that when new technology emerges, some people use it for good, and some use it for evil, and he thinks it would be short-sighted to ban an entire field of technology because of it.

In October, he said that Epic Games would not be using crypto in its games, but that the Epic Games Store would welcome games that use blockchain technology, but that they would also be expected to comply with relevant laws, disclose terms of use, and have it rated by an age-appropriate rating group. So he’s not against it, but he’s had enough of the scam.

Source: PCGamer

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