Decentralized Gaming

Definition ∞ Decentralized gaming describes video games that utilize blockchain technology and distributed ledger systems. In these games, elements such as in-game assets, ownership, and sometimes game logic are managed on a blockchain, allowing for verifiable ownership and potential for player-driven economies. This model shifts control away from a single entity towards the player community.
Context ∞ The field of decentralized gaming, often referred to as GameFi, is a subject of considerable interest and speculation. Current discussions often focus on the economic models within these games, the integration of non-fungible tokens (NFTs) for digital collectibles, and the potential for players to earn rewards through gameplay. News coverage frequently addresses the sustainability of play-to-earn mechanics, the user experience compared to traditional gaming, and the regulatory scrutiny these emergent models may face.