Crypto News: The Final Frontier... Computer Games Traded on Blockchain!
Apparently, the world of video games and digital currency seem to go hand in hand.
There are already a few companies that have integrated Bitcoin into the gaming industry to enhance user experience.
This week saw a few announcements regarding some new games where virtual money can be used including online multi-player gaming giant Wargaming announcing it will support Bitcoin for its in-game purchases.
Bitpay announced this week its collaboration with the gaming leader Wargaming.net and its 15 strategy-based massively-multiplayer online (MMO) gaming titles. Games like World of Warships and World of Warplanes can use Bitcoin to purchase in-game virtual gold. The gold is used for power-ups and customization within the user interface. This will enable users to utilize the digital currency in the game as opposed to submitting their financial information online. Instead of leaving their credit card data, players can access the virtual gold faster and without risk of your information being hacked later. The company hopes this will improve user experience in the Wargaming realm and looks forward to the partnership.
Beyond the point made above, most people who buy games in digital marketplaces have probably realized after they have got bored of the game, the options for re-selling them were slim once they were finished playing them to their heart’s content.
I'm always interested in seeing what new applications they will find to incorporate blockchain with. Just a while back, I found out that Robot Cache, a blockchain-based distribution platform created by Atari's founder Nolan Bushnell figured out a way to help you resell your games while at the same putting more money directly into the hands of developers! It is pure genius!
“Robot Cache, the first decentralized PC video game distribution platform that benefits publishers, developers, and gamers, has announced the first wave of publishers that have agreed in principle or signed agreements to bring their games to the platform,” the company said in a press release.
The future takes time. So the revolution won't be broadcasted and it certainly won't happen overnight! At least I don't expect it to anyways!
So, now its time to turn the floor over to my readers? What do you think about this new and exciting use case? Can you see a platform like this taking off? What sort of ramifications can this have for blockchain developers in their search for viable use cases?
Please leave your thoughts below!
Thanks for reading @techblogger.
Source:
These 3 Online Multiplayer Video Games are Embracing Bitcoin - Bitcoin.com
Robot Cache’s blockchain-based service could change how you buy games - Digital Trends
Image Source:
Digital Trends
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Hmmm... This might partly explain the major "correction" we are witnessing in the market recently.
After all, every company would like to buy BTC on cheap prices :)
Hopefully more companies would join soon and the prices will be stable..
What do you think about this hypothesis?