Official Winter Olympics P2E Game Is a Non-Starter in the Games’ Host Country

China Gaming Regulation Sport
Author
Tim Alper
About Author

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Last updated: 
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Source: Adobe/rarrarorro

 

Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the “official video game” of Beijing 2022. The snag? It’s banned in the Olympic host nation.

The game, which makes use of non-fungible tokens (NFTs) that can be used to customize avatars, is also a P2E title. It is named Olympic Games Jam: Beijing 2022.

The title sees players compete in a range of Winter Olympic sports, such as snowboarding, the skeleton and downhill skiing. They can collect Olympics-branded items and in-game items that can then be traded on the nWay marketplace.

But, the South Korean newspaper Chosun reported, China wants no part of it. The title is unavailable for download for the users of app marketplaces based in Mainland China – although that does not appear to have stopped some.

The report noted that players can expect to “often meet Chinese nationals” in the game’s virtual world, although it added that these were “presumable Chinese living abroad or bypassing [domestic marketplaces] by using a virtual private network (VPN).”

And China is not the only place where the game has hit roadblocks. South Korean gaming regulators also do not permit P2E titles to obtain licenses – although Chosun noted that the game can be downloaded via the Google Play store in South Korea.

At present, some developers have sought to release their titles directly to Google Play without even attempting to obtain an age-appropriate permit from the Game Rating and Administration Committee (GRAC). This loophole is set to close, however, as the GRAC has recently announced that it will begin asking the Google Play Store and other marketplaces to take down titles or block South Korea-based users from downloading unlicensed games.

The game was released on the Flow blockchain protocol, leading to a rise in the network’s native coin, flow (FLOW). At the time of writing, FLOW trades at USD 8.33 and is up 68% in two weeks, increasing its monthly gains to 10%.

____
Learn more: 
China’s Winter Olympic Digital Yuan Gets Frosty Reception from Some ‘Foreigners’
AXS and SLP Move Higher as Axie Infinity Reveals Economic Revamp

Blockchain Gaming Adoption Jumps, But Regulation & Education Obstacles Are High – Survey
Play-to-Earn Gaming is Booming: From Axies to Lightnite, Here’s What’s Out There

Logo

Why Trust Cryptonews

2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors
editors
+ 66 More

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,359,418,509,350
-0.35
Trending Crypto

More Articles

Blockchain News
Chainlink Made a Historic Partnership with Mastercard to Let 3B+ Cardholders Buy Crypto On-chain
Anas Hassan
Anas Hassan
2025-06-24 21:34:10
Crypto Regulation News
Senate GOP Unveils Bold Crypto Market Structure Principles – Here’s What Could Change
Hassan Shittu
Hassan Shittu
2025-06-24 21:23:50
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors