What' s the diffrence between CSGO skins and NFTs?

In many ways, skins in Counter-Strike: Global Offensive are the genesis of the current NFT craze.

Now that world is more digital than ever, collectors have turned their attention to the world of online collectibles. These online items take many forms, with non-fungible tokens currently making the rounds as the new trading card. While generally considered a novel idea, NFTs actually have their roots in existing online collectibles like the gun skins found in CSGO. Here’s why so many people draw comparisons between the two and what truly sets them apart.

n many ways, CSGO skins can be seen as a forerunner to NFTs. They are both digital objects with real-world value, which leads to easy comparisons.

Both CSGO skins and NFTs are digital items that people effectively own, but also kind of don’t. With NFTs, each individual token is unique and tied to a digital file, usually an image. It’s commonly believed that only the owner has access to a particular NFT image, but that’s not actually true. The NFT owner only has ownership of the associated hash for the image stored on a digital ledger.

This is essentially true for CSGO skins as well. While the player who owns it can use, trade, or sell the skin at their discretion, Valve can take away those privileges for any reason at any time. When CSGO eventually shuts down someday, all the skins in every inventory will vanish into thin air. The decentralized nature of the blockchain makes NFTs more secure, but the concept of owning a digital file is still abstract.

Another interesting trend between the two concepts is the idea of uniqueness. In CSGO, the vast majority of skins are nearly identical to each other, but many exceptions exist. Float value affects the amount of wear-and-tear on the skin even within the same general descriptor. Two Factory New versions of the same skin can still look quite different. StatTrak™ and Souvenir modifiers can also affect value, but no skin is completely unique in the same way that some NFTs are. Every Bored Ape Yacht Club NFT has a unique combination of backgrounds, clothing, facial expressions, and more.

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