Will Play to Earn Games Remain Legal? - Extra Credits Video Games

---- To learn more about Brilliant, go to https://brilliant.org/ExtraCredits/ and sign up for free. The first 200 people that go to that link will get 20% off the annual Premium subscription! ----

In 2018 we discussed blockchain and how it might potentially change the gaming industry. Now that it's 2022, we've found that the few games giving players the ability to acquire, buy, and sell virtual items in an open decentralized marketplace often are leading to legal troubles, money laundering, predatory crypto-related scams, and less interesting games with lower player retention. AKA: Not exactly the change we were hoping for. But since these open-loop economy games now exist, how might the industry (and the law) better protect players in the future?

---- Blockchain Games - Can Blockchain Technology be a Game Mechanic? ----
https://youtu.be/ywvTIM_eOVI

---- Check out the TYZ Law Group ----
Games Law Blog: https://www.tyzlaw.com/gameslaw
Joe Newman - https://www.tyzlaw.com/joe-newman-bio
Jonathan Downing - https://www.tyzlaw.com/jonathan-downing-bio

---- Psychological studios mentioned in the episode ----
https://www.tandfonline.com/doi/abs/10.1080/07421222.2016.1172459
https://thedecisionlab.com/biases/overjustification-effect

---- Thanks for participating in this week's discussion! ----
Check out our community guidelines so we can have MORE high-quality conversations: https://www.extracredits.site/extra-credits-community-code-of-con

---- Want to support the people who make this show? ----
Become a Patreon Member & Vote on future Extra History episodes! http://bit.ly/EHPatreon
Or show off your fandom with our merch! http://extracredits.store/

---- Want more Extra Credits? Subscribe and Follow us on Social Media! ----
Twitter: http://bit.ly/ECTweet
Facebook: http://bit.ly/ECFBPage
Instagram: http://bit.ly/ECisonInstagram
Twitch: http://bit.ly/ECtwitch
TikTok: https://www.tiktok.com/@extracreditz
Website: http://extracredits.site/

---- Interested in sponsoring an episode? Email us: extracredits@standard.tv ----
♪ Intro Music: "Penguin Cap" by CarboHydroM - http://bit.ly/1eIHTDS
♪ Outro Music: "Flow State" by Tiffany Roman

#ExtraCredits #Gaming #GameDesign