Google to allow NFT game ads, metaverse ‘hot’ in Asia: Nifty Newsletter
Google will allow NFT game advertisements that do not have any gambling or gambling services included within the games.
In this week’s newsletter, read about how Google will start allowing games featuring nonfungible tokens (NFTs) to advertise and promote themselves using its platform and how a developer stole $1 million in assets from the Milady NFT collection. Check out how an insurance company excluded NFTs from a $20-million policy and how the metaverse is “hot” in Asian markets like Hong Kong, Korea and Japan. And don’t forget this week’s Nifty News featuring Binance ending its support for Polygon-based NFTs.
Google will allow ads for NFT games starting Sept. 15
Google made an update to its crypto ad policy to enable NFT game advertisements as long as gambling or gambling services are not promoted. According to a Google announcement, the changes will come into effect on Sept. 15.
NFT games that let players purchase in-game items, such as weapons or armor for characters, that enhance the user experience will be allowed. However, games that let players stake NFTs or wager their assets for rewards like crypto or other NFTs are still not allowed.