Earlier today, on October 21st, 2020, Mojang announced that all accounts would be transitioning to Microsoft accounts. As a reward, all Java players will receive a free cape.
Many people have been playing Minecraft for over a decade now, and it would be nice to reward these long time players by giving them different capes based on when they bought the game. Each year, starting from Minecraft's official 1.0 release in 2011, could have its own unique cape color. Capes have always been appreciated for their rarity, and different colored capes based on how long someone has played would only add to their appeal and status.
In sum, players love capes. Giving the long time players colored capes gives them a new opportunity to express their dedication to the game, and it retains the status of capes as a special item.
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