Crypto Company Creates Then Removes NFTs From Retro Games Realizing It Doesn’t Own The Rights

Crypto Company Creates Then Removes NFTs From Retro Games Realizing It Doesn’t Own The Rights

MetaGravity Studio is a crypto company that created the Retro Arcade Collection. Released last week, this collection essentially consisted of retro games that had been converted into playable NFTs to preserve “abandoned games” on the blockchain. As Waypoint pointed out, these “playable” NFTs included games like Blizzard’s Blackthorne and Remedy’s Death Rally.

However, like most people dabbling in NFTs, the folks at MetaGravity Studio didn’t quite understand how intellectual property rights and licenses work, which resulted in a number of NFTs being created and auctioned without permission. of the relevant entities. Unsurprisingly, some of the NFTs were reported, causing the entire collection to be deleted.

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“The license seems to serve the purpose, but I didn’t want to be dragged into any debate as it’s not in the spirit of the collection,” MetaGravity Studio founder and CEO Rashin Mansoor said in a statement to Waypoint. “As such, we’re removing all games and switching NFTs now to create passes for our next native NFT retro game.”

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Unsurprisingly, any of the already claimed NFTs that have now been removed no longer function as intended. Waypoint’s Patrick Klepek decided to give them a try before they were removed, saying “It was silly, getting the browser to recognize my keyboard was a pain, but it worked. Before they were removed, I played demos of Death Rally, Blackthorne, and even the 90’s arcade shooter Total Carnage in my browser.”

What is questionable in all of this is whether MetaGravity Studio was actually authorized by the relevant parties to create and sell these NFTs in the form that they were. game to be categorized as such.

“It’s been quite a hassle to validate the status of a lot of abandonware, but we’ve done our best to try and make sure we’re using freely distributed versions of games,” Mansoor initially told Waypoint. “We would have liked to preserve abandonware more generally similar to what many abandonware sites are doing, but wanted to err on the side of caution on this. We also added a DMCA form to our site for rights holders authors can request removal if any of these are not okay to host.

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