Etherеum

Fortnite Going Ethereum? More Likely to be the Community Hoping and Coping

Popular online video game Fortnite has added a new skin called “Etheria,” which has the cryptocurrency community speculating that it is somehow related to the second-largest cryptocurrency Ethereum. Aestheticdemon is the concept creator of Etheria. The name is not the only thing that bears a resemblance to Ethereum. The images circulating online also have an object that looks similar to Ethereum’s diamond-shaped logo. But this seems to be reaching as by this standard “Call of Duty: Black Ops Cold War” could be into Ethereum as well as an energy source in this game is called “Aetherium Crystals.” This could very well be a case of Apophenia, trying to perceive meaningful connections between unrelated things. Ethereum subreddit meanwhile remained hopeful and continued to cope after Ether’s latest sell-off to $1,700, a drop of more than 61% from last month’s peak. One such hopeful Redditor commented, “Eth to 40k confirmed.” But it’s not just the ETH community; the entire crypto market is looking for a bullish narrative after the latest deep rout — a catalyst to bring back the bullish sentiments and push up the prices again. https://twitter.com/AlexSaundersAU/status/1407565001066385410 Fortnite, however, is no stranger to cryptos or even Ethereum as a year ago, when Reddit launched two types of Ethereum-based cryptos, Moons, and Bricks, they were a hit among the gaming community. These Ethereum-based “Community Points,” which were also launched in cryptocurrency subreddits, got more interest from gamers than the crypto community and gained more than 10,000 users in just a week. Epic Games, which has a valuation of about $28.7 billion, launched Fortnite in 2017. “Fortnite” creator Epic Games said on Tuesday that it now has over 500 million accounts and that it has 2.7 billion friend connections across “Fortnite,” “Rocket League,” and the Epic Games Store. As of June 2020, Fortnite has 350 million registered users. The video game developer is currently fighting a legal battle with Apple Inc. As we reported last August, the lawsuit claimed that Apple’s anticompetitive conduct eliminates alternative payment options like Bitcoin to be used in the game, which the tech giant confirmed, saying it violated the App store guidelines regarding in-app payments. Epic Games founder Tim Sweeney is actually very bullish on NFTs and the crypto metaverse. The company raised $1 billion in funding this April to support its long-term vision for the metaverse. While he called the crypto investment a “wild, speculative mess,” earlier this year, Sweeney added, “the tech is going places.” 

   

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