đThe Walled Garden
While video games provide an enjoyable experience that leverages The Engagement Loop, nearly all earned rewards inside of the game like gems, level-ups, skins, etc. are locked within a walled garden. Those hard-earned rewards can neither be transferred between individual user accounts or to other players. Many platforms even embed clauses in their terms and conditions that transfer of an account can result in loss of account access and forfeiture of all assets. The technology behind non-fungible tokens takes in-game rewards to the next level by allowing users to carry their accrued in-game value with them indefinitely.
Players should be rewarded for their efforts in grinding for assets and their skilled gameplay. Not just in their ability to level up, but in their standing among gaming peers, as well as the economic incentive to trade those assets on the open market. Mobile gaming has proven that players are more than willing to pay for convenience. NFTs allow for players with the available time and skill to earn assets they can sell to willing buyers who don't want to grind to level up. This permits players from across the globe to partake in an open economy and truly earn.
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