This factor is the key for gaming industries to attract an enormous amount of audience. Everyone likes the concept of rarity, it differentiates the gamers playing levels. Since NFTs are built on the notion of scarcity. This has allowed in-game purchases to have perfectly meshed with NFTs and attract games by providing them with rare and epic gaming assets.
The showcasing of rare and epic virtual assets in the game allows gamers to display their playing levels. Counterfeiting these assets provide an unfair advantage over other players. To eliminate this, blockchain is implemented, which verifies all the digital assets and lists them on its digital ledger where players can verify them.
Transparency increases the trust among players. It is very common to have altercations during in-game transactions for purchases in a centralized environment. This has minimized the trust shown by the players. To eliminate this, all purchases and transactions became transparent due to the utilization of blockchain technology.
The storing of in-game assets has always been inefficient in the centralized system. The sudden shutdown of the game while playing has enabled players to lose their in-game assets on numerous occasions. To eliminate this, the blockchain system stores all the purchases in-game assets as NFTs and secures the storage platform for the players.
Since the in-game assets are represented as non-fungible tokens and NFTs are built on blockchain technology. This allows players to utilize their in-game assets in different gaming platforms that are built on the same blockchain platform. The digital game assets can also be traded on multiple platforms that are built on the same blockchain.