Digital Asset Ownership: A Defining Feature and a Barrier in Blockchain Gaming

Technology News

Digital Asset Ownership: A Defining Feature and a Barrier in Blockchain Gaming
Blockchain GamingDigital AssetsNfts
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 78 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 63%

This article explores the paradox of digital asset ownership in blockchain games. While recognized as a key benefit, its implementation faces challenges in attracting and retaining players. The author discusses the history of digital asset ownership in gaming, its initial limitations, and the evolving landscape where free-to-play models coexist with asset ownership opportunities.

Digital asset ownership is both a defining feature of blockchain games and a significant barrier, reflecting the complexities of blockchain gaming ’s evolution.Every year, my company Emfarsis partners with the Blockchain Game Alliance to conduct an industry-wide survey of blockchain gaming professionals.

Amazing as it was, the rental system which was popular in early blockchain games like Axie Infinity, Pegaxy, CyBall, and others, didn't actually solve the onboarding problem. The limited availability of assets and high entry costs created a bottleneck, so the rental demand couldn’t be met, thus perpetuating the friction with top-of-the-funnel user acquisition.

This contradiction — where digital asset ownership is both a defining feature and a significant barrier — reflects the complexities of blockchain gaming’s evolution. On one hand, ownership is what makes blockchain games special; on the other, requiring it deters players. To attract traditional gamers, who lack Web3 familiarity, developers have prioritized accessibility.said that blockchain concepts are not fully understood.

True interoperability requires industry-wide collaboration, both technically and economically, which is still fragmented across chains and ecosystems. Meanwhile, developers are sweeping Web3 under the rug, treating it as a layer in the tech stack rather than a defining feature. So for most players, the "Web3" part is hidden, optional, and about as impactful as a collectible spoon in a cereal box.

While still early on the adoption curve, these advancements empower gamers to unlock experiences that would never have been possible without digital property rights. And the results of the annual BGA survey confirm that the appeal of digital asset ownership remains strong: it gives players agency, control and value.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Blockchain Gaming Digital Assets Nfts Game Economics Player Experience

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stablecoins Lead the Way: Real-World Digital Asset Use Cases Set to Transform Finance in 2025Stablecoins Lead the Way: Real-World Digital Asset Use Cases Set to Transform Finance in 2025As representations of assets, such as a fiat currency, on the internet, stablecoins offer unmatched flexibility, speed, and availability — key factors driving their increasing adoption.
Read more »

Digital Asset Laws Should Prioritize DecentralizationDigital Asset Laws Should Prioritize DecentralizationMiles Jennings, from a16z, argues that digital asset laws should prioritize decentralization to protect against volatility, scams, and monopolies.
Read more »

Trump admin eyes CFTC to lead digital asset regulationTrump admin eyes CFTC to lead digital asset regulationThe incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.
Read more »

Paribu Announces Digital Asset Custody Service for Institutional Clients WorldwideParibu Announces Digital Asset Custody Service for Institutional Clients WorldwideParibu Announces Digital Asset Custody Service for Institutional Clients Worldwide
Read more »

Paribu Announces Digital Asset Custody Service for Institutional Clients WorldwideParibu Announces Digital Asset Custody Service for Institutional Clients WorldwideCrypto Blog
Read more »

Accelerate RWA & Digital Asset Growth: BiFinance Strategic Partnership with Dingyi Group (HK:0508)Accelerate RWA & Digital Asset Growth: BiFinance Strategic Partnership with Dingyi Group (HK:0508)Accelerate RWA & Digital Asset Growth: BiFinance Strategic Partnership with Dingyi Group (HK:0508)
Read more »



Render Time: 2025-02-12 16:22:54