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Online Game Technology Summit: Leveraging Blockchain in Games to Redefine the Concept of Ownership


In a perfect world, developers would have control over every transaction related to their game; but currently, grey markets are all too common in our industry. While these grey markets entice players with the opportunity to find a highly-desired item, or a new-release game at a discount, they're rife with fraud and, even in the best of circumstances, rob developers and creators of revenue for their hard work. nnThe solution however, is not to limit players further but to leverage blockchain technology to build inclusive player-owned economies, legitimizing grey markets and opening new doors of revenue for players and developers alike. The future of game entertainment will depend on closer ties between players, content creators, brands and developers, and blockchain delivers the power to transform these relationships and invite everyone to become true stakeholders in game economies and virtual worlds.

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