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Non-fungible tokens (NFTs) have become a game-changing technology in the gaming industry, enabling a new era of play-to-earn mechanics and decentralized ownership. NFTs are unique digital assets that represent ownership or proof of authenticity of in-game items, characters, or skins. In traditional gaming, players do not truly own the items they purchase, as they are controlled by the game developers. NFTs, however, allow players to truly own their in-game assets, which can be bought, sold, or traded on blockchain-based marketplaces. Play-to-earn games are a key feature of this new landscape. In these games, players can earn NFTs by completing tasks, leveling up, or participating in gameplay. These NFTs can have real-world value, which creates opportunities for players to generate income. For instance, some players have made substantial profits by trading rare in-game items or characters in NFT marketplaces. The introduction of NFTs also fosters a deeper connection between players and ...

The restaurant was being built alongside a private members lounge that was only open to people who bought NFTs, but rising construction costs ultimately stopped the project from coming to fruition. Bold plans for a non-fungible token linked restaurant and private members lounge in San Francisco have come to an abrupt end, after the company behind the project halted construction due to challenging macroeconomic factors. The two venues were being built on Salesforce Park, and were going to be dubbed the “Sho Restaurant” and “Sho Club Sky Lounge.” The latter was only going to be accessible to holders of the Sho Club NFTs, which cost anywhere from $7,500 to $300,000, and offered access to other future Sho Group hospitality offerings. Speaking with San Francisco-focused news website SFGATE on Sept. 7, Sho Group CEO Joshua Sigel stated that it was no longer possible to build the project, and confirmed that the company ended its lease agreement in July. Early rendition of the restaurant an...