NFT AND ITS IMPACT ON THE VIDEO GAME INDUSTRY

Hello friends of @LeoFinance, in this opportunity I am going to share with you a little bit about a topic that in the last days has occupied in more than one occasion the headlines of the latest news in the financial area. Yes, friends I am referring to the NFT denominated (non fungible tokens) and their upcoming relationship with video games.

Similarly, large video game companies have reacted to so much publicity of the NFT, to the point that it is estimated that very soon there will be a union between video games and non-fungible tokens, since a large trade group such as SEGA, Zynga, Enix and others have raised it in many business meetings. It is also important to highlight how the case of the pandemic has greatly favored the companies because the people in confinement dedicated their free time to the acquisition of new video games that would allow them to distract themselves in those critical moments.

Even though NFTs have been developed for about 3 years in the field of video games, many people have yet to become familiar with the terms NFTs, because the players who enjoy video games are largely unaware of these terms and even more so of their commercial and monetary benefits.

Thanks to the blockchain, tokens and cryptos exist, as this platform makes it possible to ensure the existence of Bitcoin or other digital currencies. This is done through a large number of nodes in the network, which helps protect assets from potential fraudsters. Non-fungible tokens use this technology to provide certainty that an image, gif or video game is unique and unrepeatable.

With the integration of non-fungible tokens ly the blockchain video game companies can guarantee ownership to the people who are playing that video game. It also allows them to trade their profits in other markets.

Finally, it is hoped that the major video game industries can join forces with the NFTs so that their technology can advance in giant steps and provide users with reliability in their digital assets.

The growing role of NFTs in the mobile gaming industry. Source:

What happened to video game integration and NFTs?. Source: