Main Quest – ‘Mint’ Conditions: NFTs and Video Games –
Over the course of the past year, nonfungible tokens (NFTs) have transformed from a relatively niche product for those in the cryptocurrency sector to an increasingly common way for creators and rights holders to market digital goods. Between high-profile NFT-related projects and a slew of entertainment companies, sports leagues, music labels and video game developers getting involved, 2021 has seen a massive rise in the popularity of the burgeoning industry.
An NFT is a digital certificate of certain rights — typically ownership rights — associated with an asset that is made secure and immutable through blockchain technology. Although NFTs can be associated with any type of good, they are particularly useful in the digital context, as ownership over digital assets typically cannot be demonstrated merely…
