S.Korean game producers chase NFTs in real-money boost for players and firms – The Peninsula Qatar

S.Korean game producers chase NFTs in real-money boost for players and firms – The Peninsula Qatar

Seoul: 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 in recent weeks.

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