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The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game's descriptions and must not allow gambling. The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. In the post, Mills states that Google Play is “pleased to share that we’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play,” including “boosting user loyalty through unique NFT rewards.” 1) A new blockchain-based content policy that states that devs must complete a declaration for apps that enable users to transact blockchain-based digital content. Additional requirements apply for NFT gamification. pic.twitter.com/kGhMPaWCi0 — Mishaal Rahman (@MishaalRahman) July 12, 2023 Google Play banned crypto mining apps from its store in 2018 and removed the Bitcoin ...

Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report. Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least 1 in 4 NFT holders (26.5%) said that they are “avid collectors” with 51 or more NFTs at the time of the survey, with the report noting this group likely represents people who are the most enthusiastic about NFTs. It noted: “This suggests that people rarely stop participating in NFTs after their first one.” It was closely followed by holders holding between 2 and 5 NFTs (17.6%), while those who held just one NFT accounted for a mere 4.8%. Source: coingecko.com Almost 4 out of every 10 people su...