With the trend in cryptocurrency, we have also seen various scams happening. Since crypto is a relatively new topic, there have not been a check and balance yet. And that leads us to scams. One of the latest is based on the famous battle royale game Fortnite. A cryptocurrency token named Fortnite has been traded in decentralized exchanges. Luckily, it caught the eye of the Epic CEO and he warned everyone to stay safe from this token as it was a scam.
There is no Fortnite cryptocurrency
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
The Fortnite token was first seen in 2021. With the massive audience of Fortnite, the fake token also got popularity. It was also listed on some cryptocurrency exchanges. Tim Sweeny, the CEO of Epic Games, found a Tweet by Fortnite Token saying: “start minting your NFT creations on token site and sell on OpenSea,” to which he replied it was a scam.
The team behind the Fortnite token replied back to the Epic Games CEO saying his statement is not valid, and their token is community-driven.
Fortnite token isn’t a scam cryptocurrency project. 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,”
However, this answer did not please the CEO. He talked about how trademarks and copyrights work. And how their project was portraying Fortnite. He also claimed that a legal team is working on this case. Tim was angry at the Fortnite Token team for using Fornite’s name on an unofficial coin. Anyways, it’s a good thing that Tim notified everyone to stay away from this unofficial token. Let us know your opinions on Fornite’s unofficial cryptocurrency in the comments below.
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