Ownership through Blockchain
For digital assets to have meaningful economic value, players must own them. In traditional web2 games, players never truly control their items. Instead, assets are stored as entries in databases fully managed by developers, who can freely modify or remove them at any time. This lack of real ownership prevents digital items from becoming lasting or economically valuable.
Blockchain technology solves this issue by giving players complete control and ownership. With blockchain, players store assets securely in their own wallets, independent from developers or centralized servers. Because these assets can't be changed or removed without the owner's permission, players trust that their items have permanent valueโjust like physical property.
Advantages of Blockchain Ownership:
Permanent Control: Players securely hold assets in personal self-custody wallets, completely independent from game developers.
Transparent History: Blockchain provides a clear, immutable record of each assetโs ownership, ensuring authenticity, rarity, and trust.
Freedom to Trade: Players freely buy, sell, or transfer assets without restrictions or interference from developers, fully managing their digital wealth.
Real-World Example
Owning blockchain-secured digital assets is similar to owning physical property, like fine art or real estate. For example, when a player crafts a legendary sword, blockchain securely records ownership and guarantees its authenticity. Stored in the playerโs wallet, the sword can be traded across multiple games. Its value is entirely driven by player demand.
Last updated