
What Is KYC And Why Might a Web3 Game Require It?
KYC (Know Your Customer) is identity verification. Some Web3 products use it for compliance, fraud prevention, or payouts. If a game …
A 50-item FAQ for virtual coins, game economies, and education-first Web3 concepts.

KYC (Know Your Customer) is identity verification. Some Web3 products use it for compliance, fraud prevention, or payouts. If a game …

Bundles package multiple items or currency at a perceived discount. They’re effective because they reduce decision fatigue. As a Coins …

Gas fees are transaction costs paid to process activity on Ethereum. If a game uses on-chain transfers, fees can make small trades …

Stablecoins (like USDT/USDC) are crypto assets designed to track a stable value. In games, they’re often referenced as themes for …

Pay-to-win means spending real money provides decisive gameplay advantage. It harms competitive integrity and community trust. To avoid it, …

Gifting lets players send items or currency to friends. It’s great for community, but it can be abused for fraud, chargebacks, or …

Play-to-earn describes systems where gameplay can produce rewards with real-world value. Some are purely in-game perks; others attempt …

Energy systems limit how much you can play in one session, often encouraging short daily visits or monetized refills. They can help pacing, …

Account binding links purchases and progress to your account identity (email, platform ID, etc.). It prevents easy theft and makes …

Cosmetic-only economies sell appearance items rather than power. Players love them because they preserve fairness while supporting the …