What is Blockchain technology in GameFi?

submitted 2 years ago by tompeter1123 to cryptocurrency

In today's world, in-game currencies and items are typically stored and distributed by a game publisher using a proprietary backend server. There are a lot of upcoming P2E racing games that actually use the blockchain. In essence, these game features and financial guidelines are available on a PC, and the game publisher has complete control over them. They decide who owns advanced resources and how they can be used, as well as how they can be managed by players.