Epic Games CEO Threatens Fortnite Token Team Legal Actions

UTC by Babafemi Adebajo · 2 min read
Epic Games CEO Threatens Fortnite Token Team Legal Actions
Photo: Unsplash

Epic Games CEO stated categorically that there is nothing like a Fortnite cryptocurrency.

Epic Games CEO Tim Sweeney has confirmed that their team is not behind the Fortnite token (FNT). The world’s most popular game, Fortnite, which has an average of 3 million users at any given time, has in recent times seen a token named after it.

The CEO went ahead to call the Twitter accounts pushing the tokens scam. He said, “I’m not surprised that Fortnite crypto exists. Whether it’s Nintendo or Minecraft NFTs, crypto scammers love to make environment-destroying projects out of other people’s IPs.”

Sweeney stated categorically that there is nothing like a Fortnite cryptocurrency. He further expressed his disgust at cryptocurrency marketplaces that enable the trading of such tokens. Also, Sweeney noted that the team was infringing on the product’s copyrights and trademarks.

“You can’t use the Fortnite name and images without permission to market an unrelated product,” he concluded.

Not a Scam, Claims Fortnite Token

Concerns about scam projects have been particularly high since The Squid Game (SQUID) token rug pull that saw the token plunge from $2,861 to $0.007. The Fortnite Token (FNT) team denied being a scam project, in response to Sweeney’s tweet. The team tweeted that the project is not a scam cryptocurrency project as claimed.

“This is a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it.” The team also stated there is no CEO deciding the future of the project.

Regarding copyright infringement, the project team claims that it used the Fortnite logo to spur “viral growth from good ‘ole memes”. Beyond this, it is important to know that using the same logo is the only similarity between the projects.

Despite its defence, the project has been removed from Telegram after a complaint from Epic Games. Sweeney also noted that the firm’s lawyers are looking into the infringement and a lawsuit may be in the pipeline.

Epic Games Welcomes Blockchain Gaming

Meanwhile, the Epic Games Store previously announced it will begin to publish titles of blockchain on its store. Just yesterday, the firm made a deal with GRIT for the first title to register on the store.

Like Fortnite, the game is set in the gun-slinging Wild West. John Oswald, President of Games at Gala Games, believes publishing the game on the store will help legitimize blockchain gaming and drive adoption through that means.

Altcoin News, Cryptocurrency news, Gaming News, News, Technology News
Babafemi Adebajo

An experienced writer with practical experience in the fintech industry. When not writing, he spends his time reading, researching or teaching.

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