Google Play Opens Door to Blockchain-Based Apps and NFT Games But With Strict Restrictions

(Image credit- Tech Crunch) Google Play is now modifying its rules for blockchain-related apps. Ahead of the end of the year, Google Play will fully implement new rules enabling and regulating blockchain games and apps as it changed its store policy. The company made the change in response to the rising demand for tokenized digital assets like non-fungible tokens (NFTs). With the most recent policy modification, NFT-integrated apps and games will be accepted in the store. It will make it possible to conduct new types of transactions with NFTs and other tokenized digital assets in Google Play apps and games. [caption id="" align="aligncenter" width="1450"] Image credit- Cointelegraph[/caption]

Google Play Updates Apps Using Blockchain Rules

According to a blog post by Joseph Mills, Group Product Manager of Google Play, the Play Store is expanding on these products to give users more exciting and immersive digital experiences. Mills added, "Today, we're pleased to share that we're updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play." He continued, "From reimagining traditional games with user-owned content to boosting user loyalty through unique NFT rewards, we're excited to see creative in-app experiences flourish and help developers expand their businesses."

NFTs and Digital Assets Get a Catch

There are some restrictions on the new policy, though. Apps must be "transparent with users about tokenized digital assets," according to Mills, and developers aren't allowed to "promote or glamorize any potential earning from playing or trading activities," as per reports. [caption id="" align="aligncenter" width="1000"] Image credit- Tingbits[/caption] Additionally, suppose the applications do not meet the criteria for gambling eligibility. In that case, they "cannot accept money for a chance to win assets of unknown real-world monetary value, including NFTs." According to Google Play's Real-Money Gambling, Games, and Contests rules, this is acceptable.

NFT games and Blockchain

NFT games were popular in the blockchain sector, and during the 2021 epidemic, they were the new trend in the entertainment industry. Additionally, it has been a substantial source of income for players. Also read: Users of the Polygon Blockchain Platform Increase 17,000% in 30 Days They earn collectibles from their prolonged play and effort, which may be converted into cryptocurrency and then withdrawn. However, not all platforms are fans of blockchain- and NFT-related content. One of the most restrictive platforms is Steam from Valve, which formerly outlawed NFT games and only allowed entertainment providers to use its platform. As a result, the firm received an open letter from developers and fans asking for the lifting of this ban.