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How game companies are using NFTs

The Bored Ape Yacht Club, a collection of NFTs, is the face of this new Web3 industry. (Source: BAYC)    NFTs are opening huge avenues for revenue in the modern video game market. Developers are hitching a ride on this cash cab in a few different ways. As technology evolves, they are slowly getting more integrated with the market. First, ...

Tristan Perona

The Bored Ape Yacht Club, a collection of NFTs, is the face of this new Web3 industry. (Source: BAYC)    NFTs are opening huge avenues for revenue in the modern video game market. Developers are hitching a ride on this cash cab in a few different ways. As technology evolves, they are slowly getting more integrated with the market. First, what are NFTs? In simplest terms, an NFT, or non-fungible token, can be just about anything digital—animate GIFs, artwork, songs, a Tweet, video game objects, and more. These can be bought and sold, with ownership tracked by the blockchain. Many
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