Epic Games CEO Calls Fortnite Cryptocurrency 'A Scam' Skip to content Click here to check out the GameByte Shop great games, consoles and more! That's a crypt-no on this one. Epic Games CEO Calls Fortnite Cryptocurrency ‘ A Scam’ 8 June 2022 by Oisin Kuhnke Epic Games CEO Tim Sweeney has called a recently created cryptocurrency called Fortnite Token “a scam.” Crypto bros often shill cryptocurrency as some kind of decentralisation nonsense. But most of the time, it’s just a grift, and often infringes on other people’s copyright. Particularly when it comes to NFTs, which frequently steal art from all over the place. Now, Epic Games CEO Tim Sweeney had to call out a cryptocurrency called Fortnite Token. As it was in no one an official cryptocurrency, with no affiliation with Fortnite or Epic Games. ADVERT ADVERT There isn't a Fortnite cryptocurrency. The Twitter accounts promoting such a thing are a scam. Epic's lawyers are on it. Also, shame on the cryptocurrency marketplaces that enable this kind of thing.- Tim Sweeney (@TimSweeneyEpic) June 6, 2022 As reported by PC Gamer, Fortnite Token has been around since the end of 2021, linking to a tweet from the account. However, the account has now been completely deleted. The tweet was accompanied by a picture of some kind, presumably of the token, with the caption “Hello, World!“ “ that’ s not how copyrights work” However, it remained unnoticed by Epic until Sweeney noticed it on May 29. With the Twitter account inviting people to “start minting your NFT creations on nftoken site and sell on OpenSea.” Very fairly, and very bluntly, Sweeney replied “That’s a scam.“ Fortnite Community Raises £53 Million For Ukraine Relief Efforts For some reason, despite clearly infringing on Epic’s copyright, the team denied it was a scam. “Fortnite Token isn’t a scam cryptocurrency project,” the group replied. “Instead, this is a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future.“ADVERT ADVERT Credit: Epic Games Sweeney explained how “that’s not how trademarks and copyrights work“, which it very obviously isn’t. And of course, eventually resorted to saying that Epic’s lawyers are working on the situation. Since all of this has gone down, the Twitter account no longer exists, and neither does the token’s website. Brie Larson Announces Metaverse Project With Crypto And NFTs It’s important to note that this is more of a copyright issue for Sweeney than it is a cryptocurrency one. Epic Games, while it has no plans to engage in crypto for its own games, is open to blockchain games on its store. Which is quite a different approach than the one Valve has taken with Steam.ADVERT ADVERT While you’re here, be sure to check out our video of the week. 10 of the scariest horror games of all time are shown off. What is your favourite horror game? The fighting in Ukraine is causing families to flee their homes. Please give now to save lives and protect people in need. Donate today! Keep the conversation going by heading over to our Facebook and Twitter pages. You can also find us on Instagram, TikTok, YouTube, Google News, Reddit and Flipboard.ADVERT ADVERT Also, make sure to check out the GameByte Shop for all your gaming needs! Featured Image Credit: Pexels/ Epic Games TweetShareSharePin Follow us on @GameByte @gamebyte GameByte GameByte GameByte Noobs Play @GameByte @gamebyte GameByte GameByte GameByte Noobs Play External Links Policy GameByte Staff About GameByte Advertise with us Careers Ambassador Program Contact Terms and Conditions Privacy Policy Cookie Policy Manage Cookies Preferences Submit Your Content FragHero Sporf 9 to 5 Life Social Chain Social Chain Agency