The former employee of АНБ and ЦРУ of the United States, Edward Snowden, during the online conference BlockDown DeData, expressed concern about how some people or firms may use non-fungible tokens (NFTs) in the gaming industry.
“There are people who are trying to create artificial scarcity in a post-scarcity era. I believe the community should reject unnecessary artificial scarcity in the interests of a certain class of investors,” Snowden explained.
He also described certain aspects of metaverses as “horrific, disgusting and tragic” due to the drive to profit from users escaping reality.
Ethereum co-founder and founder of Polkadot Gavin Wood did not agree with Snowden:
“I have no problem with game developers restricting access to their products in the same way as they have for decades. I view NFTs as a more flexible way to restrict access to a product.”
Earlier Snowden sold his first non-fungible token for 2224 ETH. The NFT ‘Stay Free’ depicts his digitised portrait as excerpts from documents with a lawsuit alleging NSA violations of U.S. law.
In late November, the Collins English Dictionary named NFT the word of the year for 2021.
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