A Discord user known as “bgaw” uploaded videos of a supposedly leaked information on Project L via the official Riot Games website. The leaks eventually made their way onto Reddit, where the poster wrote that bgaw obtained the information before it was taken offline. Among the leaks was text reading “Earn and battle with NFTs with digital items…”
Riot representatives have rarely ever confirmed or denied any rumors. In this case, however, the NFT rumor was officially dismissed, as reported by IGN.
“We basically never talk about this kind of thing, but the Project L ‘leaks’ going around are very, very fake,” Joe Hixson, corporate communications director at Riot, tweeted. “You too can edit any website with the handy dandy Inspect Element tool.”
Hixson’s official confirmation was met with a wave of relief. The rise of NFT, or non-fungible token, has garnered significant criticism and skepticism from digital communities.
And what exactly is an NFT? The very simple explanation is that it uses blockchain technology (the same tech behind cryptocurrency) to confirm that a digital item is completely unique.
For example, the artist Beeple (real name Mike Winkelmann) sold an NFT of a digital art piece for $69 million through Christie’s. The artwork’s NFT is a certificate of authenticity and proof of ownership.
NFT has been criticized for a range of issues. Many dismiss it as a fad while others bring up very legitimate concerns about how NFT can impact the environment. Both cryptocurrencies and NFTs require enormous amounts of electricity to create, which translates into significant carbon emissions.
Game companies have been taking an increasing interest in NFTs, a direction which has led to swift backlash.
Project L is rife with exciting rumors but this is one disproven claim that will have gamers breathing a little easier — quite literally.
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