Will Play to Earn Games Remain Legal? - Extra Credits Video Games (Patreon)

Published:

2022-07-12 17:30:01

Imported:

2023-01

Content

In 2018 we discussed blockchain and how it would change the gaming industry. Now that it's 2022 we've found that giving players the ability to acquire, buy, and sell virtual items in an open decentralized marketplace is leading to legal troubles, money laundering, predatory crypto-related scams, and less interesting games with lower player retention. So how can we or should we regulate these open loop and closed loop Play to Earn Games?

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Will Play to Earn Games Remain Legal? - Extra Credits Video Games

---- To learn more about Brilliant, go to https://brilliant.org/ExtraCredits/ and sign up for free. The first 200 people that go to that link will get 20% off the annual Premium subscription! ---- In 2018 we discussed blockchain and how it would change the gaming industry. Now that it's 2022 we've found that giving players the ability to acquire, buy, and sell virtual items in an open decentralized marketplace is leading to legal troubles, money laundering, predatory crypto-related scams, and less interesting games with lower player retention. So how can we or should we regulate these open loop and closed loop Play to Earn Games? ---- Blockchain Games - Can Blockchain Technology be a Game Mechanic? ---- https://youtu.be/ywvTIM_eOVI ---- Check out the TYZ Law Group ---- Games Law Blog: https://www.tyzlaw.com/gameslaw Joe Newman - https://www.tyzlaw.com/joe-newman-bio Jonathan Downing - https://www.tyzlaw.com/jonathan-downing-bio ---- Thanks for participating in this week's discussion! ---- Check out our community guidelines so we can have MORE high-quality conversations: https://www.extracredits.site/extra-credits-community-code-of-con ---- Want to support the people who make this show? ---- Become a Patreon Member & Vote on future Extra History episodes! http://bit.ly/EHPatreon Or show off your fandom with our merch! http://extracredits.store/ ---- Want more Extra Credits? Subscribe and Follow us on Social Media! ---- Twitter: http://bit.ly/ECTweet Facebook: http://bit.ly/ECFBPage Instagram: http://bit.ly/ECisonInstagram Twitch: http://bit.ly/ECtwitch TikTok: https://www.tiktok.com/@extracreditz Website: http://extracredits.site/ ---- Interested in sponsoring an episode? Email us: extracredits@standard.tv ---- ♪ Intro Music: "Penguin Cap" by CarboHydroM - http://bit.ly/1eIHTDS ♪ Outro Music: "Flow State" by Tiffany Roman #ExtraCredits #Gaming #GameDesign