Crypto Firm Creates and Deletes Retro Game NFTs Upon Realizing It Didn’t Own the Rights

Crypto Firm Creates and Deletes Retro Game NFTs Upon Realizing It Didn’t Own the Rights

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

However, like most people who are interested in NFTs, the people at MetaGravity Studio didn’t quite understand how IP rights and licenses work, resulting in a number of NFTs being created and put up for auction without the authorization of the relevant entities. . As might be expected, some of the NFTs were reported, leading to the deletion of the entire collection.

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“The license appears to be good for the purpose, but I didn’t want to be dragged into any debate as this is not in the spirit of the collection,” MetaGravity Studio founder and CEO Rashin Mansoor said in a statement to Waypoint. “As such, we have removed all games and changed NFTs now to coinage passes for our next NFT native retro game.”

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Unsurprisingly, any of the already claimed NFTs that have now been deleted no longer work as expected. Patrick Klepek of Waypoint decided to try them out before they were deleted, saying, “It was weird – getting the browser to recognize my keyboard was a pain – but it worked. Before they were taken down, I played demos of Death Rally, Blackthorne, and even the 90s 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 as they were. The studio classified the games as “abandonware”, but was unclear as to what classifies a game to be categorized as such.

“It’s been quite tricky to validate the status of a lot of abandonware, but we’ve gone out of our way to try and make sure we’re using free-distribution versions of games,” Mansoor initially told Waypoint. preserve abandonware more broadly, similar to what many abandonware sites are doing, but I wanted to err on the side of caution in this. We’ve also added a DMCA form on our website so that copyright holders can request removal if any of them aren’t ok to host.”

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