A recent report out of South Korea might shed some light on that particular aspect - the country's regulators have remained largely wary of the NFT space and even passed judgment to disallowed a local blockchain game from distributing its NFTs to users.
As per inews24, the Korean "Game Management Committee" is reportedly delaying the rating and licensing of all blockchain games developed in the country.
This is despite Korea considering blockchain technology as a potential creator of employment in the country and even launching a $400 million fund dedicated to similar tech, such as AI. Last month on August 18, developers of the blockchain game "Five Stars" were notified by the Committee that the game's rating was delayed for a few days until August 21.
SkyPeople, the game's developers, said, "There is no problem with general in-game content that does not use the blockchain for the reason for this rating postponement by the Game Committee."
The Game Committee has already requested SkyPeople for additional explanatory data on "Blockchain functions" several times over two months.
SkyPeople explained in the regard, "Even though the Game Committee submitted supplementary data several times to understand the blockchain and NFT, it was frustrating because the deliberation conclusion could not be reached."
Other blockchain game companies have seen similar plights.
The report stated that so far, there were "Virtually no cases in Korea where blockchain games have been rated above the game." These include several blockchain games that had applied for a review, with only a small handful making the cut.
Ironically, Crypto Kitties, the blockchain-based cat trading game developed by Dapper Labs, has been both rated and officially released in the country, despite its development team located in the US. Ubisoft, another famous game developer, has also seen strides in the country, suggesting the Korean government is not a flat-out critic of games deploying NFTs. Meanwhile, a SkyPeople official stated they see a big upside for how NFTs will be deployed on popular games.
"In the future, the convergence of games and blockchain is expected to become an inevitable big trend in the game industry," they stated.
South Korean regulators are not excited about Ethereum NFTs
Publicado en Sep 23, 2020
by Cryptoslate | Publicado en Coinage
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