{"id":54128,"date":"2021-12-06T10:49:53","date_gmt":"2021-12-06T08:49:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54128"},"modified":"2025-09-03T18:45:50","modified_gmt":"2025-09-03T15:45:50","slug":"edward-snowden-criticises-nft-game-developers-for-creating-scarcity","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/edward-snowden-criticises-nft-game-developers-for-creating-scarcity\/","title":{"rendered":"Edward Snowden criticises NFT-game developers for creating scarcity"},"content":{"rendered":"<p>The former employee of <span data-descr=\"National Security Agency\" class=\"old_tooltip\">\u0410\u041d\u0411<\/span> and <span data-descr=\"Central Intelligence Agency\" class=\"old_tooltip\">\u0426\u0420\u0423<\/span> 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.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThere 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,\u201d Snowden explained.<\/p>\n<\/blockquote>\n<p>He also described certain aspects of metaverses as \u201chorrific, disgusting and tragic\u201d due to the drive to profit from users escaping reality.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Gavin Wood &#038; Edward Snowden - Fireside Chat | BlockDown 2021 Conf\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/F6f_Yz5kn_g?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div>\n<\/figure>\n<p>Ethereum co-founder and founder of Polkadot Gavin Wood did not agree with Snowden:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI 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.\u201d<\/p>\n<\/blockquote>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/edward-snowden-sells-his-own-nft-for-5-5-million\">Earlier Snowden<\/a> <a href=\"https:\/\/forklog.com\/en\/news\/edward-snowden-sells-his-own-nft-for-5-5-million\">sold his first non-fungible token for 2224 ETH<\/a>. The NFT &#8216;Stay Free&#8217; depicts his digitised portrait as excerpts from documents with a lawsuit alleging NSA violations of U.S. law.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/collins-dictionary-names-nft-word-of-the-year-2021\">In late November, the Collins English Dictionary<\/a> named NFT the word of the year for 2021.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The former NSA and CIA employee Edward Snowden, speaking at the online conference BlockDown DeData, expressed concern about how some people or firms may use NFTs in the gaming industry.<\/p>\n","protected":false},"author":1,"featured_media":54129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1587,1155,1213,1138],"class_list":["post-54128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-edward-snowden","tag-games-and-gamefi","tag-nft","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=54128"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54128\/revisions"}],"predecessor-version":[{"id":54130,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/54128\/revisions\/54130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/54129"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=54128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=54128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=54128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}