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    Crypto News Point
    • Jun 20, 2020
    • 2 min

    Blockchain Games Will Grow To Become ‘More Valuable Than Japan’s Entire Economy’

    Hironao Kunimitsu, the founder of Gumi, the Tokyo-based social gaming firm, said that blockchain-based trading of non-fungible tokens (NFTs) in video games will grow to become ‘more valuable than Japan’s entire economy.’ It has been reported that Kunimitsu was speaking about the future of gaming and NFTs at Cointelegraph Japan’s Traders LIVE last week. However, NFTs bring economic activities to gaming, as they are unique tokens representing a specific item. For example, an NF
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    Japan-Based Association Releases New Guidelines For Blockchain Gaming
    Crypto News Point
    • Mar 25, 2020
    • 2 min

    Japan-Based Association Releases New Guidelines For Blockchain Gaming

    The Blockchain Contents Association (BCA) announced on March 24 that they had written new guidelines to deal with laws related to gambling and online scams. The guidelines explains regulations covering illegal activities in the blockchain gaming community. A Japanese self-regulatory organization established in February 2020, the BCA intends to promote customer protection for any blockchain-based content, including gaming and social media. Ten companies make up the founding me
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