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Ben Egliston, Postdoctoral research fellow, Digital Media Research Centre, Queensland University of Technology

Like the gig economy, crypto gaming is sold with promise of convenience and riches. In practice it’s deeply exploitative

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Video games are increasingly incorporating blockchains, the decentralised databases that underpin cryptocurrencies, as well as NFTs and other “digital assets”. New games are emerging expressly to support blockchain technology, while traditional games are being updated to incorporate blockchains.

As of October 2021, “crypto gaming” accounted for more than half of the blockchain activity over that quarter. At the same time, a treasury inquiry has led to consumer groups calling for regulation in the crypto market.

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