Yesterday, Team17 announced that it would be partnering with Reality Gaming Group to sell MetaWorms NFTs based on the popular Worms multiplayer franchise. However, these plans were met with massive negative feedback both internally and through social media. As a result, the project has been canceled.
Why did Team17 cancel the MetaWorms NFTs?
Team17 canceled its plans to issue the MetaWorms NFTs because no one actually likes NFTs outside of scammers and cryptohustlers. Fans of the Worms series immediately let Team17 know how much they hated the idea of Worms NFTs. Even developers of games Team17 published, including Playtonic, Ghost Town Games, and Aggro Crab, spoke out against NFTs and assured that they had nothing to do with them.
As a whole, the public can’t stand NFTs. This is because an NFT isn’t even the thing you’re purchasing. It’s like buying a deed to a house but only getting to look at it from the outside. Someone else lives in it, and everyone else can just roll up beside you and look at it. Like, you could print out a picture of some crappy computer-generated monkey for the price of paper and ink, and it would have more hard value than an NFT. There’s just no way to make that sound good to anyone that isn’t a con artist.
Despite public opinion, companies continue to try and push NFTs. There was almost zero enthusiasm about its Quartz marketplace, but Ubisoft just thinks gamers are too stupid to understand why they should love NFTs. Of course, this is because NFTs are another way to monetize video gaming while offering even less in return than microtransactions do. That’s why companies like Square Enix are actively investigating ways to deploy the unpopular technology and why we continue to see big names try and push NFTs in an attempt to change public perception.
Opinion: The crypto revolution is over. The only ones left are scammers.
There was a lot of money to be made with cryptocurrency and NFTs when they both started, but that’s over. There may be hiccups along the way, like with Dogecoin, but the average person isn’t going to make a 1000%+ return on these things. The time to get in was 3-5 years ago. Outside of a memecoin accidentally making some people rich because Elon Musk tweets about it, the ship has sailed. NFTs had an even smaller halflife, and most of the money being exchanged for them are scammers inflating their worth by buying them with their own money.
You can still likely see a modest return by investing in crypto, and you might even make a killing on an NFT, but if it happens, you’re the outlier. People are losing their life savings chasing some trend that’s already in its death throes. Companies that try to launch these things don’t give a damn about gaming or the franchises they’re “celebrating.” They’re just predators looking for easy money. Thankfully, for many, there’s enough backlash that the possibility of a bad image outweighs the potential earnings.
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