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NFTs ushered in a new era of digital ownership, mainly in areas like digital art, fashion, and, most successfully, gaming, where virtual ownership is highly regarded. The revenue created by the global gaming industry is based on three markets: mobile, PC, and console games, which together are worth billions of dollars. The advent of blockchain technology and decentralized finance in the gaming industry works on that concept by enabling players to capture the utility and value of their gaming experience and asset acquisitions more effectively. In traditional games, players have to spend money to unlock in-game content, and exclusive features such as skins, DLCs, and battle passes.
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