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		<title>NFT Worlds Rebrands!</title>
		<link>https://coinengineer.net/blog/nft-worlds-rebrands/</link>
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		<pubDate>Sat, 02 Mar 2024 18:00:40 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
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		<category><![CDATA[NFT Worlds]]></category>
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					<description><![CDATA[<p>With Minecraft&#8217;s ban on non-fungible tokens, it destroyed the game NFT Worlds owned by Microsoft. Now the team behind the project is planning to make a fresh start for the game. Cryptocurrency game Hytopia&#8217;s developer, rebranded as Hychain Games from NFT Worlds, is launching a node sale for the game&#8217;s Layer 2 blockchain, Hychain. The</p>
<p>The post <a href="https://coinengineer.net/blog/nft-worlds-rebrands/">NFT Worlds Rebrands!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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										<content:encoded><![CDATA[<p>With Minecraft&#8217;s ban on non-fungible tokens, it destroyed the game <strong>NFT Worlds</strong> owned by Microsoft. Now the team behind the project is planning to make a fresh start for the game.</p>
<p>Cryptocurrency game Hytopia&#8217;s developer, rebranded as <strong>Hychain Games</strong> from NFT Worlds, is launching a node sale for the game&#8217;s <strong>Layer 2</strong> blockchain, Hychain. The company stated that Hychain is based on <strong><a href="https://coinengineer.net/blog/arbitrum-based-project-has-been-attacked/">Arbitrum</a> Orbit</strong> technology.</p>
<p>According to the announcement, it is planned to release the &#8220;invite-only&#8221; beta version of Hytopia, which is largely inspired by Minecraft, until the end of the first quarter.</p>
<p>It was also stated that more than one million players have pre-registered for Hytopia&#8217;s beta version.</p>
<p>In its statement, <strong>Hychain</strong> Games said, &#8220;Hytopia emerged from the vision of transforming the Minecraft experience with blockchain technology.&#8221;</p>
<p>“Compared to Minecraft, <strong>Hytopia</strong> harnesses web3 functionality to introduce player-focused economies and real ownership of in-game assets.”</p>
<p><strong>NFT Worlds,</strong> overturned the world by banning NFT integrations of Mojang Studios, the Swedish developer of Minecraft, in the summer of 2022.</p>
<p><strong>NFT Worlds</strong> used the source code of Minecraft for NFT-backed metadata database. According to a report, at one point NFT Worlds&#8217; non-fungible tokens had generated tens of millions of dollars in transaction revenue.</p>
<h2><span style="font-size: 75%;">Earning Rewards</span></h2>
<p>The developers of <strong>Hytopia</strong> hope that the sale of the <strong>Hytopia</strong> node will serve as an &#8220;invitation to the global gaming community to earn rewards for helping to ensure the operation and security of Hytopia&#8217;s core network.&#8221;</p>
<p>The co-founder of <strong>Hytopia</strong> and <strong>Hychain</strong> known by the pseudonym ArkDev said in the statement, &#8220;We contribute to the community and encourage participation in network security,&#8221; said &#8220;By decentralizing the operation of our network, we hand the keys over to the community and give them the power to shape the future of the game.&#8221;</p>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/nft-worlds-rebrands/">NFT Worlds Rebrands!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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