Mojang have banned NFT's from Minecraft. Let's dive into it!
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» CHAT REPORTING VIDEO - • The Failures of the Mi...
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0:00 Intro
0:46 NFT's aren't Mojang's first rodeo
2:30 The HankVenom NFT Collection
3:50 The Rug Pull
4:28 NFT Tech is cool
5:42 NFT Worlds
If any NFT Bros get triggered by this video get mad at me not Ant lol
OMG WRECKING MOB GUY HIIII :DDD BIG FAJ
Or they can just get a job
Heh wonder if any NFT bros gonna show up here
"reee how dare you animate for a right clicker hurr hurr reee!"
Not the heckin' blockchainerino!!!!!
Personally, i think they were absolutely right in banning any and all NFT's from minecraft. Its not worth the headache whatsoever. There is just way too much chaos surrounding NFT's to ever be worth it.
Very descriptive, thank you!
True, very true.
You can just not buy them... nobody is making you. This is only for the people that want them and your gatekeeping them
can you specify “chaos”?
@@thatgamerguy3057 They don't own Minecraft but still trying to profit of it, that got them rejected
NFTs thrive off the theft of other people's work. Minecraft flatly rejecting them is a good idea. Now they just need to moderate the Marketplace better. And maybe roll back the chat BS.
And also don't forget that they should allow people access to Dev builds without falsely striking them. The community needs those features
agreed
Both the second and third statement will not happen unless something changes drastically within Mojang.
@@mellohi6175 so then Microsoft needs to stop being so greedy and pay them more. Or maybe shut down the marketplace entirely and let people sell on their own platforms.
That take is just wrong, nft's can thrive without ever needing to steal someone else's work.
Absolutely agree with the rejection of NFTs, good move from Mojang. My hope is that they eventually put more effort into weeding out the bad apples behind the still-plentiful P2W servers and on the Marketplace as they would with these people.
Mojang does so little that I believe they are subtly supporting p2w servers
Plus, nftworlds were using Minecraft without Mojang’s permission, so they had every right to reject them
yea If you think the marketplace is getting better with time you should reconsider, and im afraid for the future of servers, if Microsoft decides that p2w is no longer a issue, they could make a lot of money out of it (i dont doubt them doing something similar, considering latests changes)
NFT has already been dead for a long time now mojang barely even did anything they should've done this 1 year ago
@@Sqaaakoi actually they tried to entirely end it, it backfired horribly, then dead silence, then abit of murmurs and action with afew P2W servers going down or servers that has been flagged to be P2W then that server would have its players redirected to somewhere else,
A coworker found out I make art as a freelance hobby, and came to me one day to ask “Do you know what NFT’s are?” in his usual “I’m about to try to sell you something” voice. My immediate response was “Yes. No, I won’t.”
Oof, I can imagine how that made you feel. Asking an artist to make art for NFTs is almost like asking them to sell their soul
One of my cousins said I should make NFTs. He knows it's a scam. He just wants me to be a shitty person because apparently that's the "only path to success." He's a real-estate agent, of course he'd say shit like this.
I'd have then added. "We are no longer friends/our relationship is over." People who run scams are generally bad acquaintances to have.
@@Swirl_of_StarFire I would have said yes and sent them a single 3x3 resolution image with a single pixel in the middle, then said "there you go. now screw off."
@@hotpocketyummy well hes not wrong, did you think the elite rich class got it all without getting dirty?
Man this was such a based decision by Mojang, granted I totally knew that would be coming because of how many of the developers said they'd quit if Minecraft after touched NFTs
oh hey it's you! hi semi! also yeah, much agreed
i always thought NFTs were violating Mojang’s terms of service, so it makes sense why they banned them, lol
@@StormGallade no way it's you!
@@peterbruck3845 yeah it was
I'm pretty sure they announced this to try to distract people from the horrible chat report system
It's a shame that "blockchain" has become a synonym for a Merkle tree. A Merkle tree is a tree data structure where each node includes the hash of each of it's child nodes, so that the interdependent hashes can indicate changes in the data structure. These have been around since the 80s and is what might be useful for doing stuff like checking that a chat log hasn't been tampered with, for example. A "blockchain" is usually referring to a distributed Merkle tree more commonly used for things like bitcoin. Using the terms interchangeably because of "blockchain hype" is a mistake and only serves to misrepresent the technology to people who are either "pro" or "anti" blockchain.
oh thats actually good to know
TIL. Thanks from a greenhorn CS graduate.
Amazingly, I have even heard academics use the term "blockchain" to refer to Git. It is immensely frustrating.
Being that i AM strongly against blockchains, that's actually useful knowledge. The technology can be quite helpful when not used in malicious ways. Same applies to nuclear power and rockets.
wait is that used in git too?
feels like the classic thing all the NFT bros do, shout about "removing the middle man" between costumer and creator, only for them to become the middle man by litterally putting themselfs in the middle of a pre existing costumer-creator relationship, also adding extra steps to suck cash out of costumer in the prosses
A minor nitpick: The chat authentication system isn't really "blockchain". It uses a Merkle tree algorithm, which is incidentally also used in many blockchain implementations. But Merkle trees are used in a lot of situations where you need to verify new data based on old data. For example Git version control system is based on Merkle trees, but nobody says Git is "based on blockchain".
i have a few nitpicks on ant's understanding of nfts and the blockchain in general myself, its only a surface to mid level understanding of it since at the very deepest level youd understand that the very core of how it works is a privacy nightmare along with many other issues thats just impossible to fix due to the very nature of crypto
git commits are nfts
@@xxgothicprincessxx The whole "virtually unhackable" thing is hilarious for a few reasons: 1. 51% attacks are a thing 2. It's not like people are going around modifying the ledgers of established financial institutions on the regular 3. ...because every thief knows is that *it's way safer and easier* to steal someone's wallet than to break into their bank ("They stole my apes, Odo!")
@@rebane2001 Be careful. If someone actually introduces a Git-commits-as-NFTs scheme, Linus Torvalds (original author of Git) will show up on their doorstep. And ROAR at them. Epically. It will be Cc'd to the Linux Kernel Mailing List. And from there, to The Register. And from there, literally every technology site in the world.
well its knida a form of blockchain tech that was tecly used tyo help keep software progaimg fasts and simple with onlnie progeamers azcros the internet
my favorite part of the video is the absolute tantrum that the nftworlds scammers threw after Mojang told them to get the hell out. Like, every single word in their statement was the absolute opposite of reality
ikr like have they seen 1.13, 1.14, 1.16, and 1.18? Mojang have been at work
Their quotes, 'make no mistake, this is web2 vs web3 war' is hilarious. Like bruh, ain't no way they could declare a war against everyone just because of 'eneftee'.
@@crystalwings4520 Imho the buzzwords that constantly get thrown around are one of the easiest ways to tell if anyone's being disingenuous, "Web3" is a big one and I still find it funny to hear and I have no idea why. What the hell was Web1 and Web2, anyway? It's the f**king internet for Christ sake, let's not mix it up with reality
@@Content_Deleted web 2 is the internet as we know it now. Most things run on few huge server systems. Web3 makes the internet "decentralised" by having everyone computer in the world participating in the internet for processing from what I understand
And they still have people making pro-NFT comments on Mojang's Twitter posts.
I think this move in relation to NFTs was the right one, but the addition of chat reporting wasn't. I don't support the chat system, never have and never will, in any form. However, after seeing how many NFT-related scams keep constantly popping up (many of which a channel called Coffeezilla has exposed), it was probably a good decision, both in a business and reputational sense (Minecraft's reputation that is), for Mojang to ban NFTs from Minecraft.
even without nfts making the game pay to win kills the point of minecraft itself.
I just hate the fact that an AI ran by microsoft will ban me from ALL MY SERVERS if i am reported for "hAtE sPeEcH". I should be allowed to be as vile and offensive as i want on my anarchy worlds.
It can be turned off in the server options
The chat report system would have been good if it was developed properly and backed by a very trustworthy company. Sadly, this is not the case and the chat report system is widely untrusted and for good reason.
@@Silverfi5h It can be turned off.... so? That doesn't matter at all. I can still be banned from a server with reporting disabled because some other server mass reported me and the AI just goes and bans me. No, real moderators WILL NOT be reviewing bans. That's not just a lie, it's a damn lie.
Mojang: *Bans NFTs* Everyone: Based.
@sioodmy Because NFTs are cringe.
@sioodmy Because NFTs are being used to scam people.
@sioodmy Becasue I prefer to pay for artwork and not a link to a peice of "art".
Mojang: *do nothing about the chat report system* Everyone: EEGAHHEJSNEJAJDBEAKJB
@sioodmy you don't know much do you
The fact that you and cavemanfilms still keep in touch is awesome dude
yea
it’s the funny Australian geometry guy
hi tride cool level u made in gd
I didn't expect to see you here but absolutely it's really cool
ho hello there tride
I'm loving the increased production value here, not just the new cinematic angles, but also the little sets, that rugpull bit was perfect. Cave really flexin those editor skills right there.
Kingbdogz and many other devs actually shared via twitter a web explaining everything wrong with NFTs in gaming, from ecological impact to scams and everything in between. I'm glad they have such a good reference on this matter.
5:20 - Actually, yes, it does. When you download a file, you usually download it perfecty. (Or bit by bit) This is why, when you compare it with a hash signature, it will return the same result. Because once the copy is done, you have no way to tell which file is which. (And this is why copying a file again and again usually doesn't result in corruption) What an NFT is is, well, nothing but a token. Sometimes, the very signature I talked about earlier. And the one creating th NFT sells you this token, telling you that you now "own" the image (despite the lack of legal precedents)
Yeah, that’s the thing. When you buy an NFT, you aren’t actually buying the image, you’re buying a link _TO_ that image. If you own an NFT, you effectively own a single link to an image anyone can freely download for themselves, which is why the “Right Click Save” meme works, and why it’s such an inherently stupid system that will never take off in the way Cryptobros (gag) and certain Corporations claim it will. I think even the inventor of the things has disowned the idea with the knowledge “it will never work that way”.
I think what AntVenom meant to say is that you can't copy the blockchain where the record of you owning the image link is stored. Well, you can, but you won't be able to get all the other computers on the network to recognize your copy as the legitimate one. You can try to edit the record to say that you also own the image, but the algorithm works by picking the longest chain as the most legitimate one so in order to have your copy be recognized, you need to exceed the computational power* of the entire blockchain network. This is because to add a block onto the chain, you need to find a solution to a difficult computational problem. This is also the reason that blockchains waste so much electricity, it's by design. It acts as a limiter to how much computing power any entity can possess. *This is no longer true for the most popular blockchain. Replace "computation power" with "cryptocurrency at stake".
@@aedeatia The thing is, you can mint an image you right click> saved, thus proving that you own the image too. There is no structure nor legal background that can link an image to the token. And that's the issue. The token is something you own, that much can't be faked. But the link between the token and the image behind it, that's the core of the issue. Because there is no way to link the image to the token. The only basis for ownership is that someone tells you it's there, but that someone is neither an authority, nor trustworthy.
@@Para0234 Ideally it works just like how it works for real physical artworks. When people buy absurdly priced physical artworks, they need a document called a provenance which shows how the physical item got from the creator to the current owner to verify it's authenticity. It's the same with blockchains, anyone can mint a new token for an image, but only tokens minted by the original creator have any value. Transactions on the block chain are public so it's easy to verify. Indeed, the problem is that blockchains are useless. Being on the blockchain don't confer any ownership rights to an image apart from being able to sell the token. If NFT owners want to enforce usage rights, then it will be in the form of contracts in the current legal system. At that point, they have to go to a central authority (the government) anyways so there's no point in decentralising it with the blockchain. Using a blockchain adds zero benefit as it cannot decentralise contracts in the legal system that we live under.
I don't think AntVenom knows much about NFT, the "pump and dump" process he described is about coins, NFT "pump and dump" consists of the author collecting the money from the sale, shutting down the servers where the NFT is located (so only a hyperlink remains, without an image) and of course not doing a single reward project that was promised before the NFT sale.
I didn't know NFTs in Minecraft were this bad, I only thought the worst thing was people selling seeds for 5 dollars (that's real and I'm not even kidding).
I saw a video on NFT Worlds they were using some type of crypto currency and they cost thousands
And it costs at everything. You could selling it with an unaltered game loke that too.
@@lavaboatcubesupportsukrain7539 they were using 4-5 ethereum PER SEED
@@penninna how much would it be in real money?
@@lavaboatcubesupportsukrain7539 It’s around 1,300 USD
It is amazing how much effort Antvenom can put into a video about something like Nfts! Keep up the good work!
Give props to CavemanFilms for his work on this one!
@@AntVenom Sure thing! This episode was epic!
"Sure thing! This episode was a banger!" 🤓🤓🤓
"Sure thing! This episode was a banger! 🤓🤓🤓" 🤓🤓🤓
"Sure thing! This episode was a banger! 🤓🤓🤓🤓🤓🤓" 🤓🤓🤓
Mojang was absolutely in the right here. Kudos to them for recognizing NFTs for the cancer on digital culture that they are, and nipping that problem in the bud. Now if only they'd de-implement the chat reporting feature and work on it properly as a side project completely unrelated to the game. They could turn that into the core of a social communication network... Oh, wait, they won't, because that market's already saturated.
Chat reporting system will not remove entirely unless the mojang themselves will remove it. I have no qualms on adding that features. Just half baked and not clear
5:22 Minor correction: if you download a NFT, the file you get has the same information as the original. (In fact, the blockchain stores only the url of the image in the case of "image/art" NFTs) A more accurate description of an NFT is a certificate of ownership. The file might be very easy to copy, but the certificate is not.
Soo, actually useless.
@@EdyAlbertoMSGT3 For 'art' images, yes. For other stuff, no. You can use NFT's for all kinds of stuff, but the "art" bullshit that's selling for lots of money is stupid. But other usage (that doesn't cost money) can be very helpful.
@@user-ku9vx6uj4o Based. People are too dumb to look past the money laundering people use it for and the "art'. It's literally just a decentralised key
I’m liking what your doing with the faithful venom pack The open blast furnace door is really cool!
I can imagine it being used as a steam engine firebox in someone's build.
It would have been so much easier to just implement a way to automatically "log" all chat messages on the server's side to help the server host rather than forcing a broken chat reporting system on the game.
Chat reporting is there to protect people running vanilla servers. There's groups of griefers that specialize in port-scanning, indexing, and attacking open vanilla servers (because NOCOM made 2b2t too easy to grief). For those users, they absolutely need some protection from Mojang themselves, and that requires having a global reputation list of known-bad players to forbid from those servers. (I still think there should be an "allow bad players" option for anarchy servers, though.)
@@SuperSmashDolls just because it’s intended to protect vanilla players doesn’t mean it does it well or in a way that isn’t harming the player base as a whole. The way the chat reporting works now is poorly at best
ibxtoycat has a vid that sounds like a conspiracy theory but makes abit more sense to why they implemented chat reporting
Most server logs all messages by default and saves them to log files it is just not really practical to read through server logs as there would be to much to read.
@@shikaimao that is why Merkle trees exists.
Someone said that server ranks on P2W servers were the original NFT Going based off of the Eula for servers and those type of items this makes sense from a “if we deem it as such then the rules apply to it as well” standpoint
When NFTs die: this does put a smile on my face
TL BAND
@@zuki9537 NFT bro detected. Opinions nullified.
@@zuki9537 my bro, do you really think NFTs are good?
@@zuki9537 I think what they are saying is that they don't think people who support NFTs should be harassed. Also, I have done my research and my conclusion is that blockchain tech is useless. I think I replied to another comment of yours detailing why.
@@zuki9537 yes. yes I do.
What's stored on the blockchain for an NFT is just a hash of the file, and what you get when you waste money on one is a URL that points to a specific server that has the record of it being created. Nothing more. So if you download a picture that's referenced by that NFT, you absolutely do have a 100% identical copy of the picture. The picture is not modified by creation of an NFT that refers to it. And that's why the whole thing is a scam to begin with and does not in fact have any actual useful applications. It's just a receipt saying you "own" something. You can do that with a printed out piece of paper like people have been doing for centuries, or an email, or any form of digital token that doesn't tie into a blockchain or waste tons of energy on hash computations.
Normal people care about the artwork and the artist. NFT bros care about the link and the green line that should go up, but has the nasty habbit of going way down.
As ant said, it's good for discerning legitimacy. When it comes to images, it doesn't matter much as all you're after is the image. But let's say you have a important file that has been copied and someone has tried to edit it. Which one is the original? The one that is connected to the hash. There are bound to be vulnerabilities in the system, but ultimately, when it comes to things such as verifying legitimacy, like the system they used for chat reporting, blockchains can be useful. It's really quite funny that THE most popular usage of NFTs are those godawful jpegs. They are, like, the worst application of NFTs to exist, literally just gambling tokens. But its makes sense, because anything more than that is too much effort for an attempt to make quick money.
@@WhatIsMyPorpoise You don't need a blockchain to verify legitimacy. You can do that with signing the file or hash using public key cryptography. Indeed, digital signatures make up an important part of how blockchains work by verifying the legitimacy of transactions. The **only** problem that blockchain solves is double spending as without the blockchain, you can copy a digitally signed transaction and use the same token twice as there's no way of telling apart a copy of a digitally signed transaction from the original. The blockchain solves this by providing a decentralized method of generating timestamps. As you see, blockchains are only useful if you wish to sell that important file as you don't want people copying the transaction. Otherwise, there's no point of using blockchains if you just want to verify that it is legitimate.
Glad to know that, despite Mojang/Microsoft screwing up a lot of stuff, they still have basic enough decency to ban NFTs.
Every time someone tries to create a minecraft clone that is “better than the base game” it always comes crashing and burning
I think as soon as you want to do anything involving commerical interaction (e.g. using real money in any way) a server would have to get a special licence from mojang. that way there is safety and scams could be prevented
That's... Exactly what agreeing to the EULA is.
A paid license
@@The_WhitePencil no, a license paid for and Mojang would review the server and owners
But NFTs don't even need money involved in any way at all. Many people just use it that way. It's simply a tool that has been abused where people money launder and create BS art for it to be tied to
Also, keep in mind that NFTs are actually more like a digital receipt. So you don’t even own the item itself, just the digital thing saying you bought it.
More of a license than a receipt, and in fact more of a piece of paper to write license on. You can photocopy a receipt and the copied version won't be less legit, but you can't photocopy an NFT to prove that you own it, people got to verify it somehow. That's said, without anything attached, NFTs themselves don't have any value, or more like don't have any value higher than the minting cost. It is used to prove ownership of other valuable things, and the cost to buy an NFT is really nothing more than the cost of buying the valuable thing behind it.
@@FlameRat_YehLon besides, they're very much prime for rug pulls and, god forbid, Ponzi schemes. Oh, it also applies for crypto currencies as a whole as well.
@@FlameRat_YehLon at best it’s a license, at worst it’s a hyperlink whose source can be changed at any point. A lot of trusted KZhead researchers like coffeezilla, folding ideas, even legal eagle have covered NFTs and why they’re so awful at doing what they claim to do.
@@victoralexandervinkenes9193 NFTs themselves isn't a scam, it's just some people make use of NFTs to scam people. Same goes for crypto currencies. And with the amount of people not knowing what NFT really means (even lots of people that knows the scams that make use of NFTs) it's a bigger issue than anything else that's used to do the same pyramid scheme.
@@alliu6562 Well... Basically, NFTs should work like, someone that's elligible to grant the license public announces to grant it to whoever that can prove the ownership of a specific NFT, thus making the license legally valid. Without this step nothing works, and also without the country that the license is granted from still intact the license also wouldn't exist even if the NFT wouldn't be destroyed. But otherwise I do think there are some licenses that having such verification system would be good enough, and thus I wouldn't say it's awful. It's probably slightly way too overengineered because if you need a law enforcing government to make it work, you might as well just make use of a regular digital signage system (that might or might not use block chain as well but it won't be a public chain for sure).
One common theme I see around NFT bros say as to why implementing NFT into games is good thing, is "Ownership of digital assets", although it sounds like a great idea, it has a massive flaw: you don't *own* anything in the games you buy, so nothing in the game can be owned by *you*, only by the company who made the game. Mojang explicity states that, anything you make with Minecraft, it's theirs. NFT Worlds was doomed to fall from the beginning. Mojang was in the right.
I wonder what the NFT bros would answer if you ask them "what happens to my digital assests if the game shuts down?".
@@crycat7156 They'd just block you and say "I still own the game".
Honey get the popcorn, new antvenom video just dropped
We got a huge lesson by the chat reporting system at Minecraft. Everyone thought that this is the end of Minecraft, or the downfall of Minecraft after the years, but there is always a solution to this. Plugins and mods that remove signatures from chat messages so they can not be reported. Everyone thought this is the end, but there is a solution. After all, the CRS isn't that bad because of the solutions that always exist.
"The chat reporting isn't as bad because of the unofficial ways to disable it" So it is bad still x) You shouldn't have to install a mod to prevent a built-in spyware from running.
1:08 Shaking a hornets nest there, would not be surprised if ant takes the vid down as there is a high chance of a lawsuit *edit* not to be instagating, that server actually needed better research before this video got out as that community has fangs so to speak, not even joking about a potential lawsuit
I really like this style of narration. It feels more genuine and less corporate. Keep it up!
I think that despite all the bad decisions they've done, this was a step in the right direction, the reason why is because nfts were created so that digital art could have the same value as a physical art, how? well imagine for example the Monalisa painting, anyone can take a picture of it, but they can't have the original copy, with nfts the starter idea was the same, but It became just a way for people to make easy money from auto-generated art, so that's why I think Mojang made the right choice, in the future nfts could become something actually good, but at the current state they are, I can't imagine that happening.
The problem is nfts also promote stealing art and selling it to the highest bidder/speculating to get unreasonably huge amounts of money out of it...oh wait, that's exactly what happens with physical art. Let me start over. The problem is nfts give digital art all the problems with physical art and none of the benefits
i thought nfts were just made so that people could transport arbitrarily large amounts of money without being tracked and then claim that "it's art, you can't put a value on it"
Getting an NFT doesn’t even give the original copy to you, it just declares that you own it. It would be like getting a piece of paper saying that you own the Mona Lisa but the Mona Lisa itself staying in the Louvre.
Sadly Mojang don't enforce the EULA rules equally on all Minecraft servers...
With how many servers there are, it would be pretty damn impossible to moderate them all.
@@zuki9537 If it's not an English server, they don't enforce it all. I know servers that break the EULA rules, and they have plenty of players online every single day for multiple years, but as long as it's not an English server, Mojang don't care apparently...
@@zuki9537 I've reported many of the servers I see breaking the EULA rules or other guidelines set by Mojang/Microsoft, but nothing happens. I know many of my friends do the same, but in the report forms they say it doesn't help to submit multiple reports of the same server. So what is there to do other than to call Mojang out for it? They have all these rules and guidelines they don't care about, and meanwhile they're trying to fix problems that doesn't even exist or matter, like the chat reporting system. It's humiliating.
@@louisBrother1988 one report isn't going to change anything if there are hundreds from a different place.
@@LineOfThy as I already wrote, I'm not the only one reporting these servers.
Great video! Glad to see CavemanFilms is still doing well.
I am a simple man. I see a new AntVenom video. I click
Sameeee
@@Enderia2 same
This video explains it so well. On point and great job on CavemanFilms for the research. The video was well thought out and detailed!
Who else has been a big time Ant Venom fan for a long time?? This Legend inspired me to be a KZheadr!! Keep up the great work!!
I gotta say, the animation in this one was fantastic. really, really appreciated. Also, I've yet to see NFTs as a commodity be anything bt an artificial scarcity scam
i love this new style of video, nice work keep it up!
I really loved how this video flowed, visually especially. I normally have your videos in the back ground while I work, I found by self watching this one and was mesmerized.
So happy they did this. Someone tried so hard to turn one my world into nfts I facepalmed
NFTs are, from my point of view, a solution in search of a problem. The blockchain is interesting, but each individual block in the chain simply doesn’t have the capacity to hold the items often made into NFTs, such as images or videos. Instead, the item itself must be hosted elsewhere. This means that, should that host go down or decide to stop hosting that particular item, your NFT is now a digital paperweight. Plus, all NFTs seem to be doing right now is introducing artificial scarcity to digital items. That simply isn’t necessary. If the scarcity wasn’t present I would be more willing to jump on the NFT bandwagon, but that simply isn’t the case. Plus there’s all the scamming and general scummy B$ going on in the crypto space that makes me not want to touch it with a 10 mile pole.
yes the space is full of scammers. but the tech itself is absolutely gamechanging and NFTworlds is legit
@@danielspitzwieser1889 yah right sure Mr nftworlds dev
Given that a lot of developers threatened to quit if Minecraft touched NFTs, this is a good decision made by them.
Did they just say that mojang doesn't have active development? You can LITERALLY SEE the tasks and, bugs being done since they leave that open
NFTs are a speculative market and Minecraft is supposed to be an IP for every target group. I think not buying into this investment and scam focussed bubble was the best thing Mojang could've done.
I'm glad Mojang made it perfectly clear that explicit copyright fraud is illegal. This was likely Microsoft's doing, and if so, this is the one thing they've done right with Minecraft.
yeah kinda wild they had to do that actually... like who in their right mind would think that selling someone a number under false pretenses while advertising with a giant brand without permission was even legal to begin with 0.o ... except for the dune nft guys i guess :'D
@@nonchip The original basis for NFT trading was intellectual property laws, but they weren't meant to support this. They used the principle behind cryptocurrency to make NFTs actually functional, yet they really aren't. People who put out 100+ likes daily on social media are the only ones dead in the head enough to actually fall for this. Ant was right, it's not always a scam, but it is a foolish waste of money, especially since the basis of NFTs is extremely volatile. Most national currencies use gold, which makes them stable. Gold has weight, certain uses, and a significant rarity. Crypto uses processing power. Nowadays that is practically free everywhere, which makes it pretty volatile. Now NFTs use art, which can be as effortless as teleworking or as meaningful as the Mona Lisa, which is why they should not be an acceptable form of currency. Widespread usage is what makes prices rise and fall, as you have people that are smart with their money, and people dumb with it. You have people with talent, you have people who barely even try. If you want a piece of art, buy it from the artist and them alone. If you want to make money from art, don't sell other people's work. If you want a bunch of cryptic data that is risky money, invest in crypto. These things may last forever, but not without devastating side effects.
I really like this editing style. Hope all future videos can be just like this
Me watching other video on yt: Yt: NEW ANT VENOM VIDEO
i can't wait for NFTs to completely die out and we can all look back on this era and cringe
mojang being based for once impossible
That Rug pull effect was sweet
I'll be honest, I never expected a Minecraft video to have one of the best explanations of NFTs work "for dummies" I've seen so far. Good job AV, keep your content up. (Also, I love the new style btw, gj to your editor)
Jschlatt being in the background was so good
honestly, i think this was a good idea. I could see many scams and a whole minecraft currency (other than minecoins) getting added. Although I do see a bit of an interesting idea with selling minecraft worlds as NFTs it would most likely end in scams and exploits. However the technology could still be used in many beneficial ways, maybe like transferring map art between worlds account security in some way. TL;DR: Mojang made a good decision on banning NFTs but the technology could still be used to benefit minecraft in many ways
True, now to just prevent that from immediately turning into exactly the thing that got banned.
yeah hell no
Very good video. Didn't mean to comment this early but I was clicking the top of my screen right when your notification popped up there so here I am hahah
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God, the Blackjack joke got me. I'm not used to Ant going loud and crude all of a sudden. XD
I’m glad caveman films is still out there doing stuff
I’m glad that they banned NFTs, they don’t and never had a place in Minecraft
They never had a place in the world either
I always love to see a new video. I am going to give my opinion however, I do prefer your other style of videos especially ones that are more intense, like the Chat Reporting one or the Alpha v1.1.1 one. Keep up the good work!! 💛
"the Alpha v1.1.1 one" is oddly hard to read out loud-
@@JadeJuno Yeahh... it's okay tho
Software engineer here; Mojang is 100% right to do this. Even considering the "benefits" that NFTs offer for gaming, it's all concepts that a centralized solution already exists for. Game distribution and key verification is already centralized. Most game servers are either fully centralized or cloud scalable (centralized to a group of container clusters). Decentralizing products that are tied to an account does very little when the account itself is centralized to some organization (and dont @ me about trading. You can do this entirely centralized as well. Look at Steam). NFTs in gaming largely solve problems that already have a centralized solution, but introduce new methods of fraud As for the "right click save as" for the images, no they really are getting the same exact file most of the time. The blockchain in most NFT art cases is verifying ownership of a LINK to some resource which is USUALLY just a file on some CENTRALIZED server! Like the NFT minter's Google drive! Not entirely useless, but at least when it comes to gaming, the tangible risks of NFTs far outweighs the potential benefits
AntVenom videos are always a treat! ^_^
Still wondering why Ant changed his skin's amulet from an Amulet of Glory to and Amulet of Magic
Nft bros punching the air that they all got scammed
ive known about nfts, and how they work, but how you explained it, made me think of art galleries, and wine collectors
Basically NFTs have invaded virtually every gaming industries.
except mojang
I loved the part where AntVenom said "It's Antvenomin' time!" and AntVenomed everyone!
Bruh
@@wispfromearth99 You can never escape the morbin
@@wispfromearth99 This time 1% more original!
I respect their decision fully tbh. I don't want NFTs in Minecraft in the way NFT Worlds did. There is good ways to do NFTs, however most of the time we'd only see the bad ways of doing it. As for Minecraft's EULA, you can't really get the good ways of doing it, thus a ban for it is most natural. I do feel them pulling this statement just weeks before they implement their own blockchain technology with the chat report system was a bit weird though, in the sense they first showed clear disapproval towards blockchain, crypto and specifically NFTs, then when they needed to validate the report system, add a system which in layman terms is the same as a blockchain. Feels very similar to when they first disallowed premium currencies for Minecraft servers, then added Minecoins in which they updated their EULA once again to again allow premium currencies as long as they can't buy an advantage and can't be exchanged for real money, and that it doesn't get confused with their currency. They always seem to show disapproval, then realize how useful it is, and thus have to update their EULA to only disallow it under certain conditions so they don't break their own rules. Again, ban of NFTs, good imo, I just feel the way they did it could have been a lot better knowing what came after with 1.19.1.
@@zuki9537 What benefits are there to decentralization when we are not currently living under anarchy? The social goals of the NFT movement can easily be achieved without using blockchains, just have the central bank operate a smart contract system.
NFT's aren't even needed in minecraft, it's a finished solo game in its core.
I'm glad I didn't know this existed.
The NFT Worlds thing (and to an exten NFTs in general) remind me of a great quote from KZheadr @StopDrop&Retro who covers crowdfunding scams and other shady dealings in the retro video game sphere, he wasn't referring to NFTs here but I think it still fits perfectly: "It takes a special mind to look at a community of people who are enjoying themselves, and then think: 'You know what I can do that would be really fun and helpful for everyone here? How about if I slipped a paywall right in the middle of this community, that way you guys can have fun by paying ME!'"... "I'm not saying it's evil to charge for a service or a product, the problem is that these ideas are coming from complete money-grubbing morons who don't understand our market. No one want's this shit, Give it up already! If you don't understand us then leave our little communities alone, all these guys understand is they want to take money out of your pocket and put it in theirs, whatever scheme they have cooked up for it is purely incidental."
Was it really surprising though?
You did a exelent job on this video the way the camera and your player were presented was amazing you should make more videos like this!!!
as someone who hates the endless tide of Bored Apes and Lazy Lions, I think 343 Mojanthesda was in the right on this one.
I never thought I'd hear anyone ever *defend* the technologies that make NFTs possible, especially the blockchain. Seeing that makes me want to actually, look into what blockchains actually are. also blackjack aand fishing hooks
Essentially a blockchain uses cryptography to create a database which is easy to verify, but difficult to falsify. The idea is that a trusted verifier isn't required and consensus can be used to verify the database as bad actors will have to outcompete the rest of the participants in some measure, commonly work in computing time, to influence the database. The technology does solve a lot of problems, but mostly ones introduced by using a blockchain in the first place, and it doesn't solve every problem introduced by using blockchain. As an academic exercise it is interesting, but it doesn't have much practical use.
Mojang was right, for once.
Those three words should never be spoken together "Minecraft world" and "NFT"
Eh, you can narrow it down to one. "NFT." Should not be spoken with anything.
The problem with NFT worlds is that the money has to come from somewhere, saying mojang is restricting creators is just wrong, as mojang is only trying to protect their users from carpet pull scams
You shouldn't go to Newest First if you don't want to see NFT enthusiasts letting all sorts of life threats loose.
I don't see anything
@@deathrobloxian probably deleted,I've seen just about 2 NFT enthusiasts that don't say any of this,but that's it
@@DripDragonhead I suspected as such
nft? how about "no fucking thanks!"
Downfall implies it had any traction at all
Who wants to bet that the makers of Minecraft NTF Worlds will move to Minetest/Mineclone?
Ant, you're the best!
I do think Mojang did the right thing banning NFT's, because NFT's will always suck no matter what.
true
Loving this new format!
its crazy how you got antvenom to commentate on your video caveman films pretty sick!
Ayo monkeys in Minecraft???
Thank you so much for doing NFTs justice, this is nuance that the community desperately needed.
The head nodding gets old real fast
Yeah, I thought it was a bit distracting.
"Fine we'll make our own game with Blackjack and" was such a good use describiing the NFT worlds reaction to Mojang saying "yeah we won't tolerate NFTs"
Minecraft rejected NFTs because they're *based.*
I think Mojang publicaly declared being against NFTs only because they are unpopular, thus maintaining its public image, just like they do in june by changing their pfp on social medias because they truly are commited to the LGBT cause, and by doing absolutely nothing else about it. And selling NFT stuff was already technically forbidden by minecraft's EULA, so publicaly stating it seems useless... unless their goal was to improve their public image
There already was a NFT thing being made about Minecraft and mojang wanted to shut it down
Its always a great day when ant venom uploads a new video🎉
AntVenom broke character a bit there. 8:53
Why do NFTs exist when there is a screenshot feature on almost EVERY Device?
Cause for some reason some people believe having a receipt that points to am image has value
"They're socially constructed and only worth what we consider them to be worth." Well yeah. Though that's also true of fiat money, religion, art, culture, nationality, race, gender, continents, species, the value of gold, consensus morality, property and the right to property, social status, economic class, intellectual property and the right to limit the use of copies, biological sex as a single binary thing, human rights, justice, and plenty else. There are stronger critiques of NFTs than simply being socially constructed with subjective importance.
so true bestie
NFT Worlds tried to piggyback from Minecraft (which by the way has a mostly young audiance) into selling seeds to people for 5000 bucks. Thank god Mojang banned NFTs, I could not have imagined the PR nightmare for them if NFT Worlds did a rug pull on the players.
1:13 Saddly those guidelines arent enforced enough. Idf all servers obeyed them Hozizon wouldnt have content about constructing lagmachines on pay2win servers.