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Even with more people joining the industry — in 2024 we hadthree times as many respondentsas compared to the inaugural survey in 2021 — it’salwaysdigital asset ownership that comes out as the industry’s undisputed North Star.But while we hail digital asset ownership as blockchain gaming’s defining feature, most blockchain games today are free-to-play and don’t require asset ownership at all.

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Going back toplay-to-earn’s heyday of 2020-21, digital asset ownership was how you could tell the difference between a blockchain game and a traditional game.

Early games required players to buy one or more NFTs upfront.

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It was an amazing demonstration of the kind of decentralized, permissionless innovation that is made possible by blockchain — a community-led workaround that was developed by the players, not the game developers.Amazing as it was, the rental system which was popular in early blockchain games like Axie Infinity, Pegaxy, CyBall, and others, didn't actually solve the onboarding problem.

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Players could purchase assets later, or commit time and effort to earn them, but only if they desired.

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