Urvit Goel, VP of Global Business Development for Games at Polygon, believes that games that include NFT tokens have a natural advantage over traditional games that do not allow users to sell in-game items.
Goel spoke frankly with Cointelegraph in Seoul last week It’s about Polygon’s drive to help spread NFT games and why South Korean game publishers Neowiz and Nexon are entering the space.
One of the main arguments against Goel is that the traditional business model that NFT games compete with may be weaker. which in the traditional game Users often purchase in-game items with real money. But they can’t sell them back for real money.
However, for most of the games in the GameFi space, users can purchase items as NFT tokens and sell them once they’ve finished playing the game. “Money in but no money out” and emphasizes that gamers should be able to reclaim some of the real money value of all the money they put into the game.
“We just want users to be able to own the content they are buying. and if they choose to sell it Although you may sell it for less money back. But it’s still better than nothing, right?”
Goel said he saw clear signs that traditional game publishers are gearing up for a big GameFi push, starting with South Korean gaming giant Nexon, which also owns games like MapleStory, which announced in June that it would be making a game. MapleStory game with Blockchain and NFT named MapleStory N
Polygon has also entered into a partnership with South Korea’s Neowiz to launch new and existing games on the network. He noted that the entry of such large companies is creating There is a “little domino effect” in the industry, with Goel implying that executives at big companies entering the blockchain space must have a lot of confidence in the technology. Otherwise, they wouldn’t be bringing big-name games to GameFi.
NFT games have an advantage over older games that don’t allow users to sell in-game items: Polygon’s Urvit Goel appeared first on Bitcoin Addict.