Why NFTs are the Foundation of the Open Metaverse

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A growing number of decentralized projects offer asset-based worlds based on the concept of digital property rights. In Web 2.0 and every iteration of technology that preceded it, the operators and publishers owned everything about our digital experiences and simply leased those experiences to us users through a series of licenses. But now, during the rise of Web3, blockchain and in particular NFTs make it possible for virtual goods to be genuinely owned by users. Property rights over an asset allow control of that asset, which in turn enables economic freedom, governance, and the right to one’s equity (ranging from data to play-to-earn). It is through the adoption of this mechanism of true digital ownership that the open metaverse is coming into existence. Animoca Brands’ Yat Siu delivers a Building on Blockchain track session at Pocket Gamer Connects London 2022 in February 2022. Speaker: Yat Siu, Animoca Brands Pocket Gamer Connects London 2022 Building on Blockchain sponsored by ZEBEDEE * * * * * * * * * * * * * * * If you want to hear more world-class speakers sharing their insight and expertise at one of our events, details of our next event can be found here – https://www.pgconnects.com/next-event For the latest news, interviews and opinion, visit https://www.pocketgamer.biz CONNECT WITH US If you would like to know more about Pocket Gamer Connects, and get a chance to win a pair of FREE tickets every month along with other exclusive subscriber offers, then why not sign up for our event mailing list? Simply go to… http://eepurl.com/6MYR9 @PGConnects


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