Epic Games takes a stand against the creators of an unofficial Fortnite cryptocurrency. The lawyers are doing a great job, but the problem doesn’t seem to be completely over yet.
Tim Sweeney calls the Fortnite token a scam
The so-called Fortnite token saw the light of day towards the end of 2021 and used the property of Epic Games without consent. Without consent, the inventors of the Fortnite cryptocurrency marketed the token as an official product, which Tim Sweeney, CEO of Epic Games, didn’t like at all.
With the name of the big battle royale, the currency was heavily advertised on the net and remained undiscovered for several months. The token could be bought via the NFT platform OpenSea. However, on May 29, Sweeney was made aware of the questionable activity.
“This is cheating,” Sweeney wrote under a tweet that the Fortnite Token team has already deleted. According to Xfire, the Fortnite team responded that it was “a fair, community-driven cryptocurrency project created by fans of the Fortnite game.”
That’s not how trademarks and copyrights work though. You can’t use the Fortnite name and images without permission to market an unrelated product.
— Tim Sweeney (@TimSweeneyEpic) June 6, 2022
Sweeney went on to write: But that’s not how trademarks and copyrights work. One cannot use the Fortnite name and imagery to market an unrelated product without permission.”
weed does not pass
Due to this trademark infringement, Sweeney has already hired lawyers to handle this case. Xfire writes that yesterday, June 8th, they couldn’t find any more Fortnite tokens on OpenSea. Even the cryptocurrency’s Telegram channel appears to have been removed. So did the lawyers solve the token problem?
I looked it up myself and found that I was able to find the Fortnite token (or rather a successor) including official lettering on the platform, which was selling two items there at the time the article was created and could not yet show any sales history in the last 90 days.
Here one can strongly assume that this is also a trademark infringement and not an official product that Sweeney unceremoniously approved and brought to the crypto market.