NFTs
Epic Games CEO Teases Blockchain for Fortnite, No Cryptocurrencies or NFTs
Epic Games CEO Teases Blockchain for Fortnite, No Cryptocurrencies or NFTs
Technical potential on financial uses
Sweeney emphasized that interest in blockchain is focused on its technical capabilities rather than its financial aspects. He described blockchain as a “decentralized solution for distributed transactional evolution,” suggesting that it could function as an alternative to traditional databases. This approach is similar to other projects such as Pirate Nation, who plan to use blockchain technology to manage transactions across multiple systems.
In a recent interview with author Matthew Ball, Sweeney discussed the broader applications of blockchain technology, highlighting its potential in areas such as zero-knowledge proofs and cryptographic consensus protocols.
Sweeney supported the idea of a “open metaverse”, advocating decentralization and interoperability in digital environments, through open protocols and standards, mentioning the efforts of the Metaverse Standards Forum to establish technical standards for the entire industry.
Despite blockchain’s association with cryptocurrency, which Sweeney believes has negatively impacted his perception, he remains confident about the future of the technology. He acknowledged the current challenges and uncertainties surrounding blockchain, but expects its value to be recognized over time.
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*All financial/investment opinions expressed by NFT Plazas are from the personal research and experience of our website moderators and are intended as educational material only. Individuals are required to thoroughly research any product before making any type of investment.
Blockchain enthusiast and long-time gamer.
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