Forte Labs proposes blockchain for item trading across gaming platforms
Mike Termezy from Forte Labs thinks that blockchain could play a major role in the in-game economy Last week at the 2020 Unitize Decentralized Digital Conference, Mike Termezy, an expert in token economics from Forte Labs, suggested that by implementing blockchain technology, developers could regulate video game economies by backing in-game assets with blockchain. Giving in-game items a legitimate value may prove to be very popular and could make gaming tokens more appealing to a wider audience.
Despite the autonomy of NFTs, in-game economies are partly regulated by developers as a way of sustaining interest and engagement with a gaming platform. With blockchain receiving a warm welcome in the gaming community, even gaming giants like Atari are releasing a token and Square Enix is investing in the technology – we will likely see more developers looking to blockchain in the coming months and years.
