Why Crypto Gaming Could Be Global Gaming’s Future

Did you know that the future of the gaming industry is in cryptocurrencies? Well, to explain, we’ve put together a few interesting facts which show why many gaming platforms should embrace the future and start using trusted crypto transaction systems

There’s no arguing the fact that online gaming is a constantly growing and loved ‘sport.’ Whether is playing the book of ra online or engaging in some heated type of video poker, the gaming industry is now a trusted method of walking out with huge cash-outs. In fact, to prove its rising popularity, today it uses crypto-currencies, moving away from the traditional debit/credit card system.

So, has this brought any solid advantages? Well, in this brief but detailed piece, we’ve put together a few interesting factors that show why it’s been a fantastic payment option in the global gaming industry. Take a look!

Players Today Want to Make Money from Online Gaming Industry

In the past, gamers had to pay either to play their favorite mobile games or to purchase one. Back then, the idea that they could make profits from these games was nonexistent. However, today, thanks to crypto gaming, the gaming industry now has a safe and easy means of making money. This is mostly through Bitcoin and other forms of cryptocurrency.

It mostly attracts unemployed persons who are always looking for ways to make some cash. Could you be one of them? Well, a fantastic example is online poker, which currently accepts Bitcoin gambling as a form of payment.

Interestingly, many of those who play this slot has slowly but surely developed a safe source of income. What’s more, they feel needed and more productive as they carry out their day to day activities.

To Counter the Threat of Artificial Intelligence in the Workplace

There’s a belief that as technology continues to grow, companies from around the world will start using artificial intelligence in place of human labor. This will automatically lead to millions of unemployed individuals desperately searching for new jobs.

To survive, they’ll need to look for some alternative income channels and strategies. One of them will be joining a suitable online mobile gaming industry. Of course, many of these gambling houses use cryptocurrencies for withdrawals or deposits. For instance, Bitcoin gambling is a safe and reliable means of ensuring you go back home with a huge ‘bounty’.

Many Firms in the Global Gaming Industry Already Love it!

In 2017, two well-known firms in the gaming industry, Twitch, and Steam began using Bitcoin cash and Bitcoin for in-game payments and other transactions. Sadly, because of the volatility in the process, Steam disabled this service. That said, you can still use some of your altcoins safely on Twitch.

Below is a brief look into some popular gaming platforms offering crypto services to their clientele:

• Caseking – This is a German company that provides its customers with a host of interesting gaming options. You can pay using Bitcoins for things such as headsets, joysticks, and a couple of impressive gamepads.
• BMI Gaming – Do you enjoy playing some arcade games? If yes, then you might have heard of BMI Gaming. It comes with a wide variety of exciting games from Pacman to Space Invaders. Here, you’re free to make payments not only with Bitcoins, but also Litecoin, Bitcoin Cash and Ether.
• Gibysbee – You can buy all the gaming hardware you may want using Bitcoin Cash, Bitcoin, and Ether. Your options range from VR headsets, gaming pads to video game consoles.
• Scan.co.uk – This gaming website gives passionate gamers the chance to spend their Bitcoins on original gaming hardware. For instance, RAM cards, GPUs, Gaming PCs, and chairs.

There’s Great Financial Potential in Investing in Crypto-gaming

In 2018, the Crypto gaming platform recorded an amazing $137 billion in revenue which showed a 13% grown from the previous year. We, therefore, expect that with time, more firms in the gaming industry will invest more in using cryptocurrencies. This will help them in reducing the cost of individual payments while still keeping even the slightest customer transaction safe!

Lastly, keep in mind that when compared to the traditional debit or credit card systems, cryptocurrencies provide better financial security. This will ensure that the gaming industry does not fall victim to another ‘Equifax data breach’ where fraudulent individuals leaked close to 143 VISA’s and MasterCards. These were later posted and sold on the dark web market.

Conclusion

When it comes to the crypto gaming rise in popularity, Morten Rongard, the Chief Executive Officer of Reality Gaming Group had some interesting things to say. In his statement, he mentioned that because of cryptocurrencies, the gaming industry will continue to attract players of different ages. This will even include a host of investors and business personalities too.

Finally, remember that there are many popular mobile games, like CryptoKitties, which have fully incorporated crypto payment systems. So, don’t be left behind, start using Bitcoins or any other form of cryptocurrency as you game.

All in all, how else do you think crypto payments are changing the gaming industry? Is the entire concept a blessing or a curse?

By Thomas Glare, who is a quiet but passionate video game enthusiast from Yorkshire. When he’s not at work, he likes to play online video poker mostly using Bitcoins. A dedicated blogger and gaming news content creator too, he is as good on the keyboard as he is on the gambling table! Follow him at https://twitter.com/glare_thomas

NEW: How Playdapp can link the new video game era to blockchain #blockchain, #trader, #video gamehttps://t.co/1RXULIeu4i

— Thomas Glare (@glare_thomas) November 21, 2019

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