How to Make Bitcoin Payments More Efficient in Online Gaming

How to Make Bitcoin Payments More Efficient in Online Gaming

While video & online games are making first small steps towards Bitcoin, gambling is already there. Cointelegraph looks into why cryptocurrency payment systems are still underdeveloped. Bitcoin as part of online gaming ecosystem. The talks started in 2011. Back then, entrepreneur Calvin Ayre published a list of his own predictions for online gaming industry in 2012. One of them was about Bitcoin. It said: “Someone is going to figure out how to make this work and when they do, all the anti-gambling, over-regulating authoritarian governments will be exposed as emperors without clothes.”....


Related News

Giant Leap! Gaming Giant G2A To Accept Bitcoin Through BitPay

This news is sure to delight the Bitcoin as well as the gaming community! One of the world's biggest gaming companies G2A has announced that it will start accepting Bitcoin payments on its G2A. COM Marketplace. To ensure smooth functioning, the company is partnering with BitPay for a quick transaction of Bitcoin. The news is surely a great one for the Bitcoin community as it clearly traces the rise of Bitcoin from just a mere digital currency to the currency of big conglomerates. G2A is a name to reckon with and is one of the leaders in the digital gaming marketplaces. G2A also provides a....

Counterstrike Global Offensive Now Rewards Players with DigiByte Cryptocurrency

Certain virtual currencies are trying to take gaming to the next level, and now DigiByte Gaming has added Counterstrike Global Offense (CS: GO) to their online gaming platform. There has always been a certain overlap between gaming and digital currency communities, which has lead to some success for Bitcoin so far. Various online cd key shops have....

Bitcoin's Influence in the Gaming Landscape

The concept of digital currency has been in the gaming sector for a while now. If you are used to playing games online or on a mobile phone then you will be familiar with the game coins or special XP points. Whenever you reach a milestone these XP points gets credited, which can be used to buy upgrades. In order to accumulate enough points, you will have to put in a lot of gaming hours. Alternatively, one can buy these achievement points in the form of in-app (or in-game) purchases. In order to make these purchases, one has to pay with fiat currency. There are many online gambling....

Using Bitcoin in Online Gaming

A couple of online games, namely Moonga and Spells of Genesis, have sought to integrate bitcoin payments in their features. Moonga is an online trading card game compatible with iOS and Android operating systems which was released in 2010 while Spells of Genesis is a trading arcade card game. Spells of Genesis is a pure crypto online gaming experience, and they are releasing crypto cards that will work like assets which can be traded at the Counterparty platform. The game has approximately 50,000 users and makes use of the similar gaming approach to the more popular Magic: The Gathering.....

Crypto Payments: Gaming Giant Roblox Responds To XRP Support News

The crypto industry has been subjected to false news yet again. Earlier this week, news broke that gaming giant Roblox has begun supporting XRP payments. However, the global gaming platform has publicly denied any claims that have made the rounds on social media. Roblox Rebuts Fake XRP Payment Support Claims Online gaming platform and gaming […]