Game IP Tokenization

Definition ∞ Game IP Tokenization refers to the process of converting intellectual property rights associated with video games, such as characters, assets, or lore, into digital tokens on a blockchain. These tokens, often NFTs, can represent fractional ownership, usage rights, or other forms of value tied to the game’s creative elements. This allows for new monetization strategies and community participation. It creates verifiable digital scarcity.
Context ∞ Game IP tokenization presents a developing frontier for intellectual property management and revenue generation within the gaming industry. While regulatory clarity is still being established, the potential for increased creator control and community engagement is a significant discussion point. This innovation is reshaping how game studios interact with their player base.