Reacting to the launch of a Fortnite token, Epic Games CEO Tim Sweeney stated categorically that the asset is not an official cryptocurrency related to the publisher’s hit battle royale game ‘Fortnite’, and threatened to take legal action.
Fortnite Token (FNT) Is a Scam
Tim Sweeney announced that the Epic Games team is not behind the Fortnite token (FNT). Although the Fortnite Token seems to be using the Fortnite logo, it is not affiliated with Epic Games, the creators of the game, in any form.
The Fortnite Token (FNT) was launched in October 2021, claiming to be the official token for Fortnite, the world’s most popular game, and has an average userbase of 3 million users.
In a statement made on twitter, Sweeney firmly asserted: “You can’t use the Fortnite name and images without permission to market an unrelated product”.
Fortnite Tokens have been removed from Telegram following a complaint made by Epic Games. Sweeney has since stated that the Epic Games legal team is working on a lawsuit against the creators of the token.
FNT Creators Clap Back
The team behind the Fortnite Token has reacted to Sweeney’s comments, claiming that FNT isn’t a scam cryptocurrency project.
Reacting via the official Fortnite Token Twitter (NYSE:TWTR) handle, the team underlines that FNT is a “fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it.”
On the Flipside
- Epic Games announced the addition of Gala Games’ Grit–a Wild West battle royal, to its game store.
Why You Should Care
There have been serious concerns rising about scam projects, especially since The Squid Game (SQUID) token rug pull, which liquidated thousands of investors.
The creators of Fortnite have ventured into the metaverse. Find out more:
Epic Games Raises $2 Billion to Build “The Metaverse” Backed by Sony (NYSE:SONY) and LEGO
Read our earlier article on the potential of Fortnite below:
What If Fortnite Were on Blockchain and Had Crypto?
