Thursday 13 July 2023

GOOGLE PLAY UNVEILS NEW POLICY SUPPORTING NFT IN APP GAMES

Google Play has released a policy update, emphasizing native support for tokenized digital assets such as NFTs for applications and games on the Google Play Store.
 
According to Google Play product manager, Joseph Mills, the store now allows video game publishers to sell NFT games.
 
This new policy has allowed the incorporation of NFT games with Android devices, as long as some few rules are followed.

Mills said app developers must state if a game allows users to earn or buy NFTs or cryptocurrencies, adding that they are not authorized to advertise any potential earning from playing or trading activities.
 
Moreover, developers cannot sell loot boxes or allow players to gamble, and must adhere strictly to Google Play’s Real-Money Gambling, Games, and Contests policy.
 
Game developers can continue to offer tokenized assets as part of the gaming experience as long as they abide by these rules.
 
Analysts are of the opinion that this new policy would be helpful to investors, artists, and other stakeholders in the blockchain space, as well as boost user loyalty via NFT rewards and review traditional games with unique user-owned content.

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