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ARTICLE · 29 JUNE 2022

Market Intelligence Thought Leadership Award Winner

Play To Earn Gaming In Turkey

The rise of crypto assets and the inception of NFTs popularized a new genre in the gaming industry. Play-to-earn games utilize tokens in blockchain networks in their game dynamics.

TurkeyTechnology
  1. Introduction

The rise of crypto assets and the inception of NFTs popularized a new genre in the gaming industry. Play-to-earn games utilize tokens in blockchain networks in their game dynamics. Players may obtain the tokens upon completing in-game tasks or purchasing them. They have their own value in the market, and players may trade them with other tokens or coins. Some game projects plan to establish a decentralized autonomous organization, and some have already taken their place in the metaverse. What does not change is that their legal mechanisms should be carefully set to avoid legal problems.

This article will focus on the legal aspects of Play-to-Earn Games under the laws of Turkey. Although the crypto assets have not been so far regulated in Turkey, it is instrumental to highlight some critical features regarding play-to-earn games.

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