1.4. Advantages of GameFi

GameFi has the technical characteristics of blockchain since its birth. Decentralized interaction, open and transparent data on the chain and verifiable game mechanism all determine that the way of GameFi is very different from traditional games. In the process of traditional game development, developers can create a database based on game mechanism through technical means, and these data are stored in the centralized data center, Although it has 24-hour monitoring management and certain safeguard measures, but there are also disadvantages. Hacker intrusion, management dereliction of duty, force majeure factors and so on will lead to the damage or even lost of the data in the virtual world, which is undoubtedly a great threat to virtual property. However, the application of blockchain technology in the field of games has its uniqueness, It can protect all data in the verifiable public account classification completely, and record each node according to the public distributed accounting mechanism. Any process in the game will also be recorded automatically, which undoubtedly open the infinite door of the game world.

The problem of the digital ownership in the game world is that it depend on the platform deeply. Game players who invest their time and money into the virtual world will be at the mercy of game operators. In addition, traditional video games lack clear laws to describe "asset ownership", which may mean that players have no right to recover or maintain their digital assets in case of accidents.