Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Presidential debate may clarify crypto regulatory approach

    June 28, 2024

    3 Lessons From The Oslo Freedom Forum: BTC Is Different – Neigut, Alden, Feinstein

    May 23, 2023

    Rollbit Price Prediction 2023-2032: Is It Time To Buy RLB?

    September 10, 2023
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      Sonic price prediction 2025, 2026, 2027-2031

      September 3, 2025

      Crypto Exchange Gemini Shares IPO Details, Aims to Raise $317M

      September 2, 2025

      Japanese gaming firm Gumi bets $17 mln on XRP, skips Ethereum: Here’s why

      September 1, 2025

      Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch

      August 31, 2025

      Memecoin with high growth potential in 2025

      August 29, 2025
    • Technology

      Can $0.23 hold after volatile Trump token launch?

      September 3, 2025

      Solana Set to Approve Alpenglow, Slashing Finality to 150ms

      September 1, 2025

      Philippines May Become First Country to Put Entire National Budget on Blockchain

      August 31, 2025

      Why MicroStrategy clones are choosing Solana over Bitcoin for corporate treasuries

      August 30, 2025

      XRP price could rocket past $5 in September as catalysts ignite

      August 29, 2025
    • Learn/Guide

      Fed to host October conference on stablecoins, DeFi, AI, and tokenization

      September 3, 2025

      Pineapple Financial launches $100M Injective treasury, first public company to hold INJ

      September 2, 2025

      Hong Kong University’s business school considers accepting Bitcoin for tuition and donations

      August 31, 2025

      Reddit sunsets Collectible Avatar Creator Program and shifts royalties to artists

      August 30, 2025

      SBI-backed game maker Gumi announces $17 million XRP purchase

      August 29, 2025
    • NFTs

      Slimesunday’s Magnum Opus: ‘Banned from New York’ Blows the Lid Off Digital Censorship | NFT CULTURE | NFT News | Web3 Culture

      July 22, 2025

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025
    • Regulation

      KuCoin Taps Vietnam’s VBA in Push for 2025 Blockchain Strategy

      September 3, 2025

      Crypto Investors Face New Rules as South Korea Joins OECD’s Reporting System

      September 2, 2025

      Japan Post Bank to Roll Out Yen-Backed Digital Currency in 2026

      September 1, 2025

      Russia to Impose Stricter Rules on Banks Handling Crypto Transactions

      August 30, 2025

      CFTC Greenlights Offshore Crypto Access

      August 29, 2025
    • Business

      Metaplanet Is About to Drop $881M Into Bitcoin, Here’s the Timeline

      August 27, 2025

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Google Play Joins The Tokenization Bandwagon With Blockchain Gaming And NFT Recognition
    Technology

    Google Play Joins The Tokenization Bandwagon With Blockchain Gaming And NFT Recognition

    July 31, 20233 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Google
    Share
    Facebook Twitter LinkedIn Pinterest Email


    According to a recent report by VentureBeat, Google Play has updated its policies to allow blockchain-based digital content, including non-fungible tokens (NFTs) and other tokenized digital assets, in its app store. 

    The move is in response to the growing interest in NFTs and their unique user experiences. Google has been working with Web3 game makers such as Mythical Games to bring blockchain gaming recognition to the masses.

    Google Play’s Blockchain And NFT Policy Update

    Previously, blockchain game companies had difficulty distributing their games, as they often relied on the open web for distribution. As part of the new policy, developers must be transparent with users about tokenized digital assets. 

    According to the report, if an app or game sells or enables users to earn tokenized digital assets, developers must declare this. Additionally, developers may not promote or glamorize any potential earnings from playing or trading activities.

    The new policy is expected to create a level playing field for developers and promote user trust and responsible usage of blockchain technology. Google Play will roll out the policy to all developers on its platform later this year, with a select group of developers testing and iterating the new user experience.

    Furthermore, Google emphasizes the importance of maintaining user trust and has clarified that apps that have not met gambling eligibility requirements cannot accept money for a chance to win assets of unknown real-world monetary value, including NFTs.

    Developers Can Now Bring Blockchain-Based Apps To Google

    Google Play’s recent policy update to allow blockchain-based digital content has opened up new opportunities for developers to create engaging and immersive user experiences. As part of this update, Google Play is now in talks with industry partners to further improve its support for secondary markets.

    Mythical Games, a Web3 game maker, recently released Nitro Nation World Tour, a racing game that features NFTs. The game hit nearly a million downloads in June, proving a growing interest in blockchain gaming. With Google Play’s policy update, more developers can now bring their blockchain-based apps to the platform.

    However, there are still some rules that developers must follow. For example, cryptocurrency exchanges and software wallets must be conducted through certified services in regulated jurisdictions. 

    Furthermore, apps integrating tokenized digital assets, such as NFTs, must comply with Google Play’s Real-Money Gambling, Games, and Contests policy. NFTs cannot be used to wager or stake in exchange for the opportunity to win prizes of real-world monetary value.

    Google Play’s policy update is a positive development for developers looking to create engaging and immersive experiences through blockchain technology.

    As blockchain technology evolves, platforms like Google Play must continue to support innovation while maintaining user trust and safety. With further improvements to support blockchain-based app experiences, the possibilities are endless.

    Total crypto market capitalization regains the $1.15 trillion mark, as seen in the 4-hour chart. Source: TOTAL on TradingView.com

    Featured image from Unsplash, chart from TradingView.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Can $0.23 hold after volatile Trump token launch?

    September 3, 2025

    Solana Set to Approve Alpenglow, Slashing Finality to 150ms

    September 1, 2025

    Philippines May Become First Country to Put Entire National Budget on Blockchain

    August 31, 2025

    Why MicroStrategy clones are choosing Solana over Bitcoin for corporate treasuries

    August 30, 2025
    Top Posts

    TRON to be natively integrated into MetaMask, unlocking global access to TRON assets

    August 19, 2025

    TeraWulf Receives $17m for Updating Infrastructure

    June 13, 2023

    Web3 adoption would be impossible without intuitive UX and convenience

    September 3, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    Sonic price prediction 2025, 2026, 2027-2031

    September 3, 2025

    Crypto Exchange Gemini Shares IPO Details, Aims to Raise $317M

    September 2, 2025

    Japanese gaming firm Gumi bets $17 mln on XRP, skips Ethereum: Here’s why

    September 1, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.