Also, how is this different than any other digital asset? Don't some online games rely on "whales" to be profitable? How is this different than selling items or whatever in those games?
> Also, how is this different than any other digital asset? Don't some online games rely on "whales" to be profitable? How is this different than selling items or whatever in those games?
What makes these digital assets different is ownership is all on a public blockchain, commonly referred to as an "NFT". Unlike buying a special upgrade in a regular game, this special upgrade is provably of limited quantity.
See NFTs on Wikipedia: https://en.wikipedia.org/wiki/Non-fungible_token