There's been so much bad GameStop news the 'power to the players' jokes aren't even doing it for me anymore.
has revealed that the GameStop NFT marketplace facilitated the sale of unauthorized NFT copies of indie games.
An individual named Nathan Ello released the NiFTy Arcade collection on GameStop's marketplace, earning 8.4 ETH in initial sales. Ello definitively did not have permission to use at least two of these games in his project, and it also appears, but is not entirely certain, that he was not authorized to use a further three more games included in the NiFTy Arcade. Ello additionally did not have license to use the PICO-8 engine utilized in all five of those games.
Ultimately, the NiFTy Arcade was pulled from the GameStop marketplace and Ello's account was suspended, but the diffuse nature of NFTs means that users can still access their copies of these unlicensed games, and their creators may not have any recourse.
This story is yet another example of the shady behavior facilitated by NFT marketplaces. The summer 2021 promises NFTs ensuring artists'"ownership" of their work have swiftly given way to a reality where their work is often exploited against their will. This is all while the NFTs themselves continue to offer no tangible benefits or use cases beyond profit generation, as Brazilian developer Mark Venturelli so eloquently put inlast month.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Instagram's new Mark Zuckerberg NFT is... oddDoes anyone want this?
Read more »
Instagram's new Mark Zuckerberg NFT is... oddDoes anyone want this?
Read more »
AMTD: ‘Asia’s GameStop’ pits Superman against super-meme\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
All the new women starring in Netflix's Selling the OCWatch out Selling Sunset, Selling The OC is coming 👀
Read more »
Square Enix has reportedly confirmed it’s ‘looking to sell stakes’ in its studios | VGCSquare Enix has reportedly confirmed it’s ‘looking to sell stakes’ in its studios and concentrate resources on Japanese games.
Read more »