Definition ∞ Digital goods are intangible assets or services that exist in electronic format and can be stored, delivered, and used via digital networks. These items typically include software, media files, in-game items, or digital art, often possessing unique properties like non-rivalry and non-excludability. In the context of blockchain, digital goods can be represented as non-fungible tokens, granting verifiable ownership and provenance. Their value is derived from utility, scarcity, or cultural significance within digital environments.
Context ∞ The market for digital goods, especially those tokenized as non-fungible tokens, is a significant area of growth and discussion within the digital asset space. Debates frequently concern ownership rights, valuation methodologies, and the potential for these assets to form new digital economies. Future developments are expected to expand the functionality and interoperability of digital goods across various platforms, leading to more sophisticated virtual economies and novel forms of digital property.
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