Google has updated its policies for the Play Store, mainly to add more clarity to video game publishers that bring along the option to engage with digital assets like NFTs.
Non-fungible tokens (NFTs) are digital collectibles, inscribed on blockchains, and based on anything ranging from cartoon characters to artworks, songs, images, and other media files.
Since their prices can be subject to fluctuations, companies like Apple and Google exercise serious caution against exposing their users to financial risks.
Google Play Has Updated Its Policy For Video Games
Google currently authoritatively permits computer game distributors to work with the offer of NFTs on its Play Store. It has revised its “Real-Money Gambling, Games, and Contests” policy, requiring app developers to complete a declaration for apps that allow users to trade digital assets.
Updating Policy To Transact Blockchain Content – Google
“We’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play. We’re requiring that apps be transparent with users about tokenized digital assets. And while tokenized assets are meant to build more enriched, immersive experiences, as an added user protection, developers may not promote or glamorize any potential earning from playing or trading activities,”
said a post published by company on the Android Developers Blog.
Google Expects Full Transparency From Video Games
With this update to the Play Store strategy, company is making plainly it won’t endure application designers participating in misleading ways of behaving. The search engine giant expects complete transparency from video game publishers making their products available on the platformAll applications on Play Store that offer monetary administrations should finish filling this announcement structure set up by Google.
Will Have To Submit Declaration Before Aug 31
Existing video game publishers have until August 31 to submit the declaration as well as the documents supporting their claims about their business practices. The search engine giant said it has made updates to its Play Store policy after consulting industry players.