Tokenization platform

A method for awarding prizes to users via an electronic game of chance, comprising:

• receiving, by a gaming device, a user selection of a mystery box game by a user, wherein the mystery box game is selected from a plurality of playable mystery box games and designates a set of winnable digital tokens, and wherein each respective winnable digital token is cryptographically linked to a virtual representation of a respective winnable item that defines a set of item attributes of the respective winnable item;
• executing, by the gaming device, the mystery game selected by the user, wherein the mystery box game includes a mystery box recipe that defines a respective probability corresponding to each respective winnable token and a manner by which a winning digital token is randomly selected;
• randomly selecting, by the gaming device, the winning digital token from the set of winnable digital tokens based on the mystery box recipe, wherein the winning digital token is redeemable for a corresponding winnable item that is represented by the respective virtual representation to which the winning digital token is cryptographically linked;
• awarding, by the gaming device, the winning digital token to user, wherein the winning digital token is redeemable by an owner of the winning digital token for the respective winnable item;
• and
• upon awarding the winning digital token to the user, transmitting, by the gaming device, a signal indicating the winning digital token and an account of the user to the mystery box system,
• wherein the signal initiates an assignment of the winning digital token of the set of winnable digital tokens to the account of the user on the blockchain, such that ownership data of the digital token is updated to reflect that the user is the owner of the winning digital token.