Minecraft junks Blockchain-based NFTs on its platform

Popular Microsoft-owned game Minecraft has announced not to support non-fungible tokens (NFTs), giving a shock to the Blockchain developer community.

An NFT is a unique, non-editable digital token that is part of a blockchain and often purchased with cryptocurrencies like Bitcoin.

An NFT can be associated with any form of digital asset such as an MPEG or a GIF, but the most common use case today is digital art like JPEGs.