Google Play Store Opens Its Doors to NFTs in a Major Policy Shift

Google has introduced an replace to its Play Retailer insurance policies, now permitting apps and video games that incorporate NFTs onto its platform. This transfer marks a continued shift within the firm’s angle in direction of blockchain-based expertise.

Below the brand new guidelines, video games that use tokenized property might want to clearly state their use of blockchain parts. In an effort to foster accountable use, Google will forestall builders from glamorizing potential earnings derived from NFTs. The coverage additionally extends to banning any “loot field” mechanisms consistent with their anti-gambling stance.

Reddit, which just lately discovered main success with its Avatar NFTs, partnered with Google to form the coverage. “We partnered with Google to assist replace their coverage, geared toward making a stage enjoying discipline that promotes consumer belief and accountable utilization of blockchain expertise,” stated Matt Williamson, Senior Engineering Supervisor at Reddit, in a press launch.

The coverage change follows a historical past of Google taking a tough stance in opposition to blockchain-based apps. In 2018, Google banned crypto mining apps, which stay prohibited. Extra just lately, Google kicked the blockchain-based sport “Bitcoin Blast” off the Play Retailer in 2021.

Nevertheless, the corporate signaled a brand new path by permitting ArDrive Cellular, a decentralized knowledge storage app, on its platform in 2022 and itemizing the blockchain sport Axie Infinity: Origins in choose markets.

Google Cloud additionally introduced an initiative in April 2023 to assist Web3 builders expedite their startups constructed on Polygon Protocols.

Compared, Apple’s App Retailer permits NFTs however continues to limit using NFTs to unlock content material, and different cost strategies like cryptocurrency, affirming its stance in late 2022.

Google’s transfer in direction of embracing NFTs could herald a brand new period of blockchain integration in mainstream tech, however the broader business’s response stays to be seen.

Editor’s notice: This text was written by an nft now employees member in collaboration with OpenAI’s GPT-4.