Discord Pauses NFT Updates: Following criticism from a large number of its users on social media, Discord has cancelled plans to integrate Ethereum-based wallets for non-fungible tokens (NFT).Discord creator and CEO Jason Citron tweeted “probably nothing” with a “ETH” sign and a screenshot of the app’s user settings page displaying the possibility to link Ethereum-based digital wallets like Metamask and Wallet Connect on November9. Thousands of comments later slammed Citron, with Discord calling for the proposal to be scrapped. Nitro — a premium subscription, custom emojis, nitro stickers, bespoke discord number tags, animated avatars, server upgrades, and more on all servers you’re a part of – has been threatened by some users. Crypto. Skeptics argue that the NFT is a Ponzi scheme and that mining cryptocurrencies uses a lot of energy, which is bad for the environment.
“Even if we ignore the environmental effect, this is a gigantic bullshit fraud and money laundering plan,” one Twitter user wrote. User with a mental disorder. Hundreds of responses were received to the topic “Discord Developers: Please Don’t Support NFTs” on the main Discord Subredit, with many of them discussing NFT’s core flaws. Citron promptly stated that no one need be concerned. He responded late Wednesday, “Thank you for all your perspectives.” “At this time, we have no plans to send this internal notion.
We’re currently concentrating on safeguarding users against spam, scams, and fraud. Web3 is a lot better, however we still have a lot of challenges with our scalability. Soon, there will be more.” The “more soon” part of Citron’s post also received considerable criticism, as some users perceived the matter as being swept under the rug until the heightened emotions died down. A remark from Hayden Adams, the founder of the popular decentralized finance (DeFi) platform Uniswap, appears in the list of replies to Citron’s tweet.
Discord Pauses NFT Plans
Some of Citron’s emotions, according to Adams, are “quite unrealistic,” indicating how fresh the stage is. Now is the time to act. He goes on to warn that while public environmental concerns will be addressed in the coming year, “misconceptions and worries” regarding NFT will undoubtedly persist. Although Discord’s popularity is now waning, with the surge in popularity of NFTs and blockchain games, the platform’s user base may soon reverse.
It’s unclear how long it will take consumers to reach that tipping point at this moment. Do you want to learn more about cryptocurrency? On the Orbital, Gadgets 360podcast, we talk about all things crypto with Wazir X CEO Nischal Shetty and Weekend Investing founder Alok Jain. Orbital can be found on Apple Podcasts, Google Podcasts, Spotify, Amazon Music, and other podcasting platforms.
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