Game on: Korean game makers embrace NFTs, bringing real money into play

Gaming firms’ shares are surging, even though regulators have banned NFT games in the country

25 November 2021 - 20:11 By Joori Roh

South Korea’s mobile and online game producers are luring players with services using non-fungible tokens (NFTs), jumping on a trend the firms see as the future of the sector and sparking a sharp rally in their shares.

An NFT is a digital asset that encompasses everything from images and videos to text. Its ownership record is tracked on the blockchain and usually bought with cryptocurrencies...

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