What Does NFT mean in Gaming?

The global gaming industry is divided into three segments: PCs, Consoles, and Mobile Gaming. The flow of money in every medium is unidirectional, benefiting solely the game developers and perpetuating. Gamers in traditional gaming institutions are more likely to spend a lot of money yet have little or no opportunity to earn value for themselves. They begin by purchasing expensive gaming devices such as consoles. They must then spend money to gain access to in-game material and exclusive features after accessing the gaming surroundings.

Another advantage of NFTs is that they can be constructed to retain their worth after the game has ended. NFTs can be used in a variety of gaming scenarios since they are unique, verifiable, and immutable. As a result, NFTs have the potential to significantly expand gaming economies and lead to the development of new games and the establishment of new game categories.

NFTs’ Importance in the Gaming Industry:

• Verify the authenticity of the original in-game asset.
• Validate the uniqueness of an in-game asset.
• Keep track of the asset’s ownership and prove it.
• Tokenize the in-game asset so that it may be traded.

How Can NFTs Be Incorporated Into Games?

It is reasonable to assume that in the future, gamers would avoid games that do not provide digital assets in the form of NFTs. Who wants to rent when they have the option to buy?

The dilemma is how to integrate NFTs into games, as NFTs are likely to alter the gaming business. Gaming NFT Marketplace is the answer.

If NFT is the gaming industry’s future, you can be a part of it by starting your own Gaming NFT Marketplace. The incorporation of a Gaming NFT Marketplace into a game concept allows users to mint, purchase, and sell in-game collectibles in the form of NFTs, giving them a realistic gaming experience. They can collect and trade NFTs of in-game accessories, weapons, characters, and other collectibles, as well as gain awards, sell their tokens for profit, and cash them out on decentralized exchanges.

What is the NFT Marketplace for Gaming?

The NFT gaming marketplace is a blockchain-based platform that allows players to purchase, sell, and trade NFT. NFT marketplaces are used in two ways in Blockchain Games. Some blockchain games work with NFT gaming marketplaces to allow in-game assets to be tokenized into game NFTs. Then there are the NFT marketplace games, which are based only on the concept of marketable collectibles. Traditional games such as football, racing, strategy, arcade, and even virtual worlds are modeled around these gAll forms of gaming assets, such as tracks, vehicles, costumes, racers, tyres, player cards, manager packs, jerseys, weapons, warriors, and virtual lands, can be minted and traded on the NFT Gaming marketplace. NFT Gaming marketplaces can make playing a game more enjoyable by facilitating NFT minting for unique collectibles, especially when players get to purchase and keep these collectibles, unlike traditional games where the game developers own these collectibles.

SGS presents a complimentary webinar, ‘Durability is the New Fashion’ on Wednesday, January 26, 2022.

In response to consumer demand, markets around the world are increasingly looking at demonstrating a circular economy for the goods they produce. For businesses supplying more than one market or region, it can be difficult to keep up with differing regulations aimed at ensuring the sustainability of products.

This webinar from SGS experts Boris Pidgeon and Sravanth Kanukuntla takes an in-depth look at legislation in France and the EU, and how these areas vary in their regulatory frameworks. There will also be a Q&A opportunity. The webinar is suitable for all brands concerned with environmental labeling and durability.

Register today

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 93,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.

Southern California Black Chamber of Commerce in Long Beach invites the community to come out and meet at the 34th Annual Martin Luther King Jr. Parade as part of its one-year anniversary celebration.

Long Beach, California, USA., January 04, 2022 - The Southern California Black Chamber of Commerce (SCBCC), a nonprofit business organization dedicated to improving the economic environment for the minority business community, and fostering business development and prosperity is celebrating its one year anniversary of Long Beach Chapter.

Sharifah Hardie, is President of the Southern California Black Chamber of Commerce, Long Beach Area. In her role as President Ms. Hardie serves the minority business community of Long Beach and the surrounding cities of Lakewood, Cerritos, Bellflower, Carson, Torrance, owney, Lynwood, and Norwalk.


Ms. Hardie wants 2022 to be bigger and better for the SCBCC and invites the community to come out and meet her at the 34th Annual Martin Luther King Jr. Parade January 15th.

The 2022 festivities will begin with the parade kickoff at 10 AM. at the intersection of Martin Luther King, Jr. Avenue and Anaheim Street, followed by the park celebration from noon to 5 PM at Martin Luther King Jr. Park, located at 1950 Lemon Ave.

This year’s theme, “Live the Dream,” was created by the Sixth District Council Office in conjunction with the 2022 Martin Luther King, Jr. Parade & Celebration Community Advisory Committee. The park celebration will include a main stage with multicultural performances, a health and wellness area, a youth area, food and merchandise vendors, and information booths.

For more information about the event please visit https://www.facebook.com/events/1007753963116130

More information is available about the Black Chamber of Commerce at the Monthly Mixer January 19, 2022, 6:30 PM 1144 Olive Ave, Long Beach, CA 90813. Mixer registration is available at: https://www.BlackChamberofCommerce.org


About Southern California Black Chamber of Commerce

Southern California Black Chamber of Commerce serves and supports Black businesses in all counties across Southern California. The SBCC has established constructive partnerships within the state and local government in its advocacy for the interests of its members. The SCBCC focuses its efforts on four major areas namely Economic Development, Community Development, Public Policy and Membership Services. To learn more about the SCBCC and become a member, please visit the organization's website. https://www.BlackChamberofCommerce.org


About Sharifah Hardie

Sharifah Hardie is a business consultant, talk show host, author, diversity and inclusion expert, and influencer. She is resilient, deliberate, and precise, and she uses her wide range of knowledge and experience to help individuals, companies, and communities be the best they can and find the success they deserve. As the President of the Black Chamber of Commerce Long Beach Area, Ms. Hardie does precisely this. Ms. Hardie has comprehensive plans to help her community, share her best advice, and continue her journey to become a Senate Representative of California's District 33.

Hong Kong held a one-month consultation in December 2021 over its proposal to adopt new safety standards for toys and six categories of children’s product.

Under the territory’s Toys and Children’s Products Safety Ordinance these products are obliged to comply with all applicable requirements in a defined set of safety standards. The Ordinance contains Schedule 1 – toy standards – and Schedule 2 – product standards.

The standards used in the Ordinance are either international standards or those adopted by major economies. Recent revisions to these standards have necessitated the need to update the list of mandated standards.

The new proposed standards are:

• Toys:
  • ISO 8124-1:2018 incorporating Amendments 1:2020 and 2:2020
  • ISO 8124-4:2014 incorporating Amendments 1:2017 and 2:2019
  • ISO 8124-7:2015 incorporating Amendment 1:2020
  • BS EN 71-2:2020
  • BS EN 71-3:2019+A1:2021
  • BS EN 71-4:2020
  • BS EN 71-13:2021
  • BS EN IEC 62115:2020+A11:2020
• Baby walking frames - BS EN 1273:2020
• Bottle teats - BS EN 14350:2020
• Bunk beds for domestic use - ASTM F1427-21
• Children’s highchairs and multi-purpose highchairs for domestic use - ASTM F404-20
• Children’s paints: BS EN 71-3:2019+A1:2021 and/or AS/NZS ISO 8124.3:2021
• Children’s safety harnesses - BS EN 13210-1:2020

To see a list of the current standards, read SGS’s original SafeGuard 163/21.

The consultation ended on December 31, 2021.

SGS Toy & Juvenile Product Services

SGS offers a wide range of services to ensure that products comply with relevant standards for childcare articles and children’s equipment. They provide consulting, training, product development, testing, audit and inspection services to ensure that products comply with strict regulations worldwide, demonstrating the safety and quality of juvenile products being brought to the market. After all, it’s only trusted because it’s tested. Learn more about SGS’s Toy & Juvenile Product Services. 

SGS SafeGuardS keep you up to date with the latest news and developments in the consumer goods industry. Read the full Hong Kong Consults over New Standards for Toys and Children’s Products SafeGuardS. 

Subscribe here to receive SGS SafeGuardS direct to your inbox.

For further information contact:

Dr. HingWo Tsang

Global Information and Innovation Manager

Tel: (+852) 2774 7420

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sgs.com/hardlines

LinkedIn: sgs-consumer-goods-&-retail

About SGS

We are SGS – the world’s leading testing, inspection and certification company. We are recognized as the global benchmark for quality and integrity. Our 93,000 employees operate a network of 2,600 offices and laboratories, working together to enable a better, safer and more interconnected world.