[2015-06-18] NEWSBTC: Bitcoin’s Influence in the Gaming Landscape

[Grand_Voyageur]

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 platforms where people have been wagering with fiat currency. This might be more relevant to destinations outside of the US and there are those who play with the “cryptocurrency” bitcoin – this is for both standard gaming and online gambling.

Let’s take a closer look at bitcoin developments in both the online gaming and gambling industries:

Full story: http://www.newsbtc.com/2015/06/18/bitcoins-influence-in-the-gaming-landscape/

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[Kakmakr]

" Although it seems that some of the hype around Bitcoin has died down, from the actions taken by businesses to allow for the “cryptocurrency” to be used as a payment method, it’s clear to see that it’s not going anywhere. We’ll keep our eyes open and ears on the ground to keep you posted on the next developments in the months to come."
This part can be interpreted in two ways :
1. Bitcoin is not going anywhere <It's momentum has stopped and it's stagnate.>
2. It's not dying as most predicted. <It's staying and not going anywhere>

Yes, back to the OP's topic
Gaming is ripe for 100% integration of micro payments within games. If instants payments are needed, they could use something like Xapo.
I do not like the token idea very much, because it just complicates things for the end user.
The trend seems to be to implement a new Alt coin for gaming, but I would steer clear of that concept. Do not base your games success on a Alt coin that would never go mainstream, rather use Bitcoin. People will only sell these Alt coins to buy Bitcoin or to push it back to fiat.