this post was submitted on 23 Jul 2023
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Digital Assets

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A Place to Learn About and Discuss Digital Assets.

Rules:

  1. Adhere to the lemmy.world rules.
  2. Posts must be relevant to digital assets.

Resources:

  1. What is a Digital Asset?
  2. Centralized vs. Decentralized
  3. Use Cases for Non-Fungible Tokens

A lot of the initial posts here will highlight influential companies that have had some ties to digital assets, however, the posts thereafter will be current and address utility:

-Owning your media (not having to subscribe to Prime and Netflix indefinitely to access the content you've already purchased).

-Empowering musicians to cheaply distribute their content without Spotify gouging their sales. (And for the artist to make money off every subsquent sale thereafter, not just the initial one)

-Having control over the assets you buy in games, such as skins/weapons/pets and the ability to sell them later on, or take them with you to an interoperable platform.

-Having the option to transfer/gift the tickets you buy off Ticketmaster, no matter what event it's for.

-ect..

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Google Play changes policy toward blockchain-based apps, opening door to tokenized digital assets (techcrunch.com)
submitted 1 year ago by Chocolate to c/digitalassets
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Google has updated its mobile software marketplace policy to allow application developers to integrate digital assets like NFTs into their games through its Play app store, the company’s group product manager Joseph Mills announced on Wednesday.

As part of the policy update, Mills stated that apps must be “transparent with users about tokenized digital assets” and developers can’t “promote or glamorize any potential earning from playing or trading activities.”

Apps that aren’t in line with Google Play’s Real-Money Gambling, Games and Contests policy or fit eligibility requirements also can’t accept money for chances to win assets, including NFTs. “This includes, but is not limited to, offering mechanisms to receive randomized blockchain-based items from a purchase such as ‘loot boxes,’” Mills said.

Those limitations could potentially prevent NFT newcomers from being duped into believing that buying these tokenized assets could result in massive gains — an oft-used marketing tactic for some projects in the space.

This new change will also allow apps and games on Google Play to reconceptualize “traditional games with user-owned content to boosting user loyalty through unique NFT rewards,” Mills noted.

The company anticipates users will begin seeing in-app and game experiences later this summer, as a select group of developers are helping to test out the new policy ahead of its wide rollout to all developers on Google Play later this year.

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