In-Game Asset Trading

Definition ∞ In-Game Asset Trading refers to the exchange of virtual items, characters, or digital currencies within video games, often possessing real-world monetary value. This activity is increasingly facilitated by blockchain technology, enabling true ownership and verifiable scarcity of these digital goods as non-fungible tokens (NFTs). Such trading allows players to monetize their time and skill. It creates secondary markets for digital collectibles.
Context ∞ News frequently covers the expansion of in-game asset trading, driven by the rise of play-to-earn gaming models and the broader adoption of NFTs. Regulatory discussions often concern the classification of these digital assets, potential tax implications, and consumer protection issues related to virtual economies. The economic impact of these trading systems on both game developers and players is a significant and evolving area of public and industry interest.