The head of Epic Games, Tim Sweeney, calls a newly announced cryptocurrency “Fortnite Token” a scam and warned about the coin 9 times on Twitter. He announces that his company will take legal action to take the currency off the market. He sees a copyright infringement in the project. But the cryptocurrency’s developers say it’s a “fan project.”
What currency is this?
Sweeney: There is no cryptocurrency related to Fortnite – all scams
This is how Epic Games reacted: The boss of Epic Games wrote several posts from Fortnite Token on Twitter on Monday evening under: “That’s a scam”. The people behind the project are scammers – everyone involved in the project should know that they are being scammed.
Sweeney quickly posted his warning among various posts on the “Fortnite Token” Twitter account. He warned of “fraud” a total of 9 times.
Sweeney says (via twitter):
There is no Fortnite cryptocurrency. Any Twitter account that advertises this is fraudulent. Epic’s lawyers are already on it. It’s also a shame for crypto exchanges to even allow such a thing.
Tim Sweeney
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Epic boss says: The lawyers are already on it, suspected copyright infringement
That’s what the operators of the toke say: They say: This is not a scam, this is a “fair launch”, a community-driven project.
The currency was created by Fortnite fans, there were no specific owners and there were no bosses behind the currency.
This is how Sweeney sees it: He says matter-of-factly: “Copyright doesn’t work that way”.
Sweeney is considered a tech visionary and likes to attack monopolies, so he is embroiled in a war with Steam, Apple and Google.
Sweeney is not completely opposed to such tokens, only that someone with his “Fortnite brand” does something like this seems to go against the grain:
When new technologies emerge, some use them for good purposes and others use them for bad purposes. However, it would be terribly short-sighted to ban an entire field of technology just for this reason.
Tim Sweeney
At Fortnite there has often been trouble about cryptocurrencies:
Fortnite Stars Allegedly Fooling Fans With Lousy Cryptocurrency – “We Lost $50,000”