Play and Own

Definition ∞ Play and own describes a gaming model where players not only participate in a game but also possess verifiable digital ownership of in-game assets, typically facilitated by non-fungible tokens NFTs on a blockchain. This model contrasts with traditional gaming where assets are centrally controlled by the game developer. It grants players greater autonomy and the ability to trade or transfer their digital items outside the game environment. This approach supports a user-driven virtual economy.
Context ∞ The “play and own” model is a key characteristic of blockchain-based gaming, often associated with the broader “play-to-earn” movement. News frequently covers new games adopting this model, highlighting how it enables players to potentially derive economic value from their time and effort. Discussions revolve around the economic sustainability of these models, the liquidity of in-game assets, and the integration of digital ownership with traditional gaming experiences. This concept is reshaping the relationship between players and game developers.