NFT Worlds Floor Price Crashes Following Minecraft Ban

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The NFT Worlds floor price is down more than 70 percent today and currently sits at a 0.67 ETH floor price according to the Lucky Trader Project Rankings.

The crash immediately followed the news that Minecraft, the platform the project was using for its metaverse, had decided to ban the use of blockchain technologies in its game.

Members from the NFT Worlds team told users in regards to the news that "we are just as blindsided as you are" in a recent Discord announcement.

Author Bio

Cameron Ciletti

Cameron Ciletti is an NFT Analyst for Lucky Trader with over four years of writing experience ranging from fantasy sports to NFTs. Cameron is very keen on CC0 NFTs as he believes free usage rights aligns with the values of what Web 3 is trying to accomplish. Cameron is also a big advocate for mental health awareness as he has Bipolar disorder and wants others to know they are not alone in their struggles with mental health. Outside of NFTs, he enjoys playing the board game Catan competitively and the video game Rocket League.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.