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How Will Google’s NFT Policy Impact Web3 Gaming?

How Will Google’s NFT Policy Impact Web3 Gaming?

Game Review 

Google Play’s new policy guidelines for blockchain games developers and NFTs act as a much-needed breakthrough for the web3 gaming industry

Last week Google Play dropped the bombshell in its policy updates for July 2023 allowing tokenized digital assets on its platform. These new policy guidelines for blockchain developers act as a much-needed opening and a breakthrough for the web3 gaming industry this year. However, this breakthrough comes with a catch. Developers must adhere to the guidelines and remain transparent to bring their games to the Play Store. Additionally, developers shall not promote or glamorize any potential earnings from playing games or doing trade activities. This makes play-to-earn games much more challenging to make it to the Play Store.

There is more, Google also denounces NFTs using gacha-type mechanics. Moreover, developers having blockchain-powered gambling games need to follow gambling-related content guidelines.

Google Play Store NFT Policy May Reinvigorate NFT Hype

Play Store’s opening its door for blockchain games comes a long time after the initial hype of NFTs started. The roller coaster ride saw so many investors pouring in tons of money into blockchain game developers. Now, several big names, and investors are parting ways amid a wave of criticism. Recently, we saw Sega pivoting away from NFTs and this week Neopets pulled the plug on NFTs. And before that, we saw hacking issues, the FTX collapse, the raging crypto winter, and whatnot. To top it all off, there is constant criticism coming from fans and media houses on blockchain and NFT gaming. So, there is a lot of pressure that is making companies succumb to it. On the contrary, there are top game developers working on building AAA web3 games. They are using blockchain tech to bring in ownership and value for gamers.

Play Store’s decision to let in NFT games feels a bit too late and that is unfortunate that it didn’t coincide with the hype. Nevertheless, it can turn out as a major breakthrough for the industry, and experts are positive about it.

Ultra Games Nicolas Gilot on Google’s NFT Policy

“It feels like a significant step towards integrating blockchain technology into our everyday lives and making it more accessible to a broader audience.

Apple has taken a more cautious stance. It remains to be seen whether Apple will follow suit. However, if Google’s policy change proves successful and attracts developers and more users, it may apply pressure on Apple to reconsider its current approach. The impact of these small wins will undoubtedly shape the decisions of gaming giants in the near future.”

Web3 Gaming Industry Experts on Google’s Decision

Flavien Defraire, the Director of Global Development at Blockchain Game Alliance, expressed his excitement. “Google’s decision to change its policy toward blockchain-based apps is incredibly exciting news, especially for those who have been tirelessly working on cross-platform development with the anticipation of such advancements. This forward-thinking approach presents a remarkable opportunity to explore new avenues of creativity in gaming.”

Much-Needed Clarity from Google on NFTs: CEO Mighty Bear Games

For developers, the clarity provided by Google’s new policy is deemed hugely significant. Simon Davies, the CEO of Mighty Bear Games, emphasized the importance of clear guidelines for developers to build within, stating, “We want to respect and build within clear guidelines, and this gives us the clarity needed to invest and start rolling out new games and experiences. There’s never been a better time to be building in Web3 than today. This is a once-in-a-decade moment where a new platform emerges. Like with mobile, those who are at the outset will reap huge rewards further down the line.”

Web3 Games Can Now Go Mainstream Quickly

Chris Akhavan, the Head of Games at Magic Eden, echoed the sentiments of the gaming community. Akhavan expressed enthusiasm over Google Play’s official acceptance of web3-enabled games and apps on their platform. He noted, “Mobile remains the largest distribution platform in the world by far. The barriers to exploring web3 integration into mobile apps have definitely held the industry back. The new messaging from Google is likely to revive interest in exploring the use of NFTs among mobile game studios. It gives the broader ecosystem a boost of confidence to be able to invest in building great mobile games and apps.”

The decision is expected to stimulate interest in the use of Non-Fungible Tokens (NFTs) within the mobile gaming sector, thereby facilitating greater user engagement and interactive experiences. However, Akhavan pointed out that there are still some hurdles to overcome, urging Apple and Google to be more open in addressing key issues for web3 developers. In particular, the requirement of using fiat-based in-app purchases exclusively for all payments related to games, NFTs, and other content has posed challenges for integrating cryptocurrencies and noncustodial wallets. The industry is hopeful that further openness in this area will be explored by both tech giants in the future.

What Could Google’s New NFT Policy Mean for Web3 Gaming Expert Insights
What Could Google Play’s New NFT Policy Mean for Web3 Gaming Expert Insights

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How Will Google’s NFT Policy Impact Web3 Gaming?

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Genopets is the world’s first move to earn an NFT game that lets you make assets while having fun and staying fit. Your digital pet resembles and resonates according to your personality. Moreover, it evolves with its user depending upon the daily activity the user does. So, your digital pet’s destiny depends on you and how you stay active to direct it to unlock its true potential. Genopets runs on the Solana blockchain with a move to earn model of business. Its goal is to combine blockchain technology and progressive gaming mechanisms to encourage players in making assets and taking better care of their minds and bodies. The game is centered on one-of-a-kind digital critters that are designed to grow and adapt in response to their owner’s real-world decisions. Moreover, each pet’s potential can be developed by sharing personal data and completing tasks, enhancing its stats, and keeping it fit for fights. Genopets introduces the ‘Move to Get’ concept, which is a development of the Play to Earn paradigm. This model lets users earn rewards for exercising their minds and bodies. Furthermore, the game will eventually incorporate biometric data from a variety of popular data collection devices. These devices include Google Fit, Fitbit, Oura, and others, such as heart rate, sleep, and activity. Lastly, the collected data integrates into the game, allowing players to earn KI simply by being active.

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Deep Mine – Game Review

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Farcana Game – Sci-Fi Team Ability Shooter with Bitcoin Rewards

Farcana is a cutting-edge third-person team-ability shooter game built in Unreal Engine 5, offering players a thrilling experience in a sci-fi universe set on colonized Mars. With a strong focus on eSports, Farcana features intense 4v4 PvP battles across various game modes. Players control unique characters, each with specialized abilities and roles to enhance team synergy. What sets Farcana apart is its Bitcoin-driven reward system, including cash boxes and tournament prizes, adding an extra layer of competitiveness. The game’s backstory revolves around Earth’s environmental collapse and humanity’s last hope on Mars, where a mysterious substance called Infilium promises revolutionary advancements but also poses risks. FARCANA becomes a tournament where participants inject Infilium to gain extraordinary abilities, symbolizing human ambition. The reward is a wish-granting Token from Mars’s top corporation, a dream worth pursuing. Farcana’s gameplay emphasizes deep tactical collaboration within teams, focusing on collective effort over individual skill. It features a unique role system with four roles: Frontliner, Tactical Support, Protected Healer, and Disruptor, each contributing to team dynamics in a distinct way. The utility token of the Farcana game economy is $FAR, which adheres to Arbitrum standards with a fixed total supply of 500,000,000 tokens. $FAR plays a pivotal role in the game’s NFT land system. The community response to Farcana has been enthusiastic, with players eager to download and experience the game, noting its potential and comparing it to other promising titles like METAGODS.

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GetKicks: Move-to-Earn Game – Transforming Sneaker Passion into Crypto Rewards!

GetKicks is a pioneering Web3 app that introduces a novel gaming experience by combining sneaker enthusiasm with the emerging trend of Move-to-Earn. The game revolves around 3D NFT sneakers, known as Kick NFTs, and offers various modes to players. In Solo Mode, users can earn $LACE tokens by engaging in physical activities like walking, jogging, or running, making it accessible to all, regardless of NFT ownership. Club Mode encourages collective physical activity with friends, providing higher rewards based on the number of participants. PvP Mode introduces a competitive element, allowing players to stake tokens in battles against each other. Despite the novel concept, recent user feedback, as exemplified by Alex Simion, highlights technical issues like stamina issues and unresponsive buttons while playing. The community, represented by OktaGaming and Dhruv Prajapati, expresses positive sentiments, praising the Move-to-Earn concept, high-quality UI/UX, and the attractive step counting feature. One of the unique aspects of GetKicks is its Dual Deflationary Token Model, featuring two native tokens – $KICKS and $LACE. This token system encourages users to actively participate by crafting exceptional sneakers and showcasing their coveted Kick NFTs. The game introduces Marathon Tournaments, where players can register and compete for enticing prizes like tokens, Kicks, KickBoxes, or accessories. The Tournaments are divided into Weekly and Monthly categories, adding a competitive edge to the gaming experience. GetKicks aims to bridge the gap between sneaker enthusiasts and the Web3 space, forming partnerships with established streetwear and sneaker brands. The game emphasizes a transformative move-to-earn model, where physical activity translates into tangible rewards in the form of tokens. In conclusion, while GetKicks presents an innovative and promising gaming experience, users should be aware of recent technical issues reported by players like Alex Simion. The positive community response indicates potential, and ongoing updates may address these concerns, making GetKicks an exciting player in the evolving landscape of Web3 gaming.

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Best P2E Games list 2024

How Will Google’s NFT Policy Impact Web3 Gaming?

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.