What do you think about Bitcoin and the games industry?

[Mike Mayor]

I gave up on this happening anytime soon. There have been many gaming coins with all sorts of promises that they never even came close to achieving. The one that really made me laugh was when they said they plan to have a platform like steam. They all talk about it as if they already have a platform and are going to be big with big games being hosted and their coins used in these games. There haven't even been indie games with crypto as a currency that have done much. There have been a few games but only one game, not a platform and most of those games are not being developed much or are very slow to update or are simply dead.

I remember earning a bounty for two gaming platforms and I should have sold right away but I never since I decided they need a chance but they gave up and never continued development right after the funding was received. You can never take these people seriously. They just give up and it is pathetic since they could have made something and did put a fair enough effort in. It is just they make things look too fancy with too many promises but no actualy working product. There is no skill set on show.

[Magkirap]

Hey guys, I was wondering about Bitcoin, blockchain and cryptos in general and their relation to the games industry

We all know, people at my age (31 years) growed up playing games, surfing the internet and they are  very close to technology in general

Games always have put new technologies to evolving the market, like: Internet to play multiplayer games, virtual reality and 3d to have a deeper experience, photorealism, payment inside app/game and etc

But until now, games industry didn't use any new technology related to cryptos

Do you think they will use?
And if yes, how they can use BTC, blockchain and cryptos in general?

The only and most obvious for me is use cryptos to pay games, in steam, psn, xbox live and etc, but I'd like to see your ideas guys

I believe that bitcoin will be soon adopted by the gaming industry because of its huge opportunity about finance. Gaming industry includes gambling, that is why there are a large possibility that it will adopt by other online games like Dota. Since a lot of people are interested with the power of bitcoin, many people will try to have it by playing computer games online. It is possible to manage an event that will give bitcoin as a price if they win the game. This was really cool.

[asus09]

Game industries have many people are joined there, they always purchase money to buy game energy like buy diamond in online game, but when bitcoin want to join with game industries and gamer will use bitcoin for purchase if want to buy their energy game I think is the best solution how to make bitcoin popular with gamer and be easy for purchase game features.

[NeironixNV]

The game industry is as promising as cryptocurrencies, but I’m not sure that Bitcoin will be actively used inside game structures, you can consider bitcoin as a prize pool, but not as a functioning unit within a game or platform, at least with its current bandwidth.

[boltz]

Blockchain tech should be applied everywhere , in every domain and Games are not different from this. Lets not forget that Steam, g2a , kinguin and a lot of website of games are accepting Bitcoin for a while now and in the future I heard some rumors that they will implement Ethereum too ( this remain to be see ).

I think that Bitcoin should be applied not only in games but in esports as well as that would do to Bitcoin a good promo and maybe who knows a bookie will sponsor a Dota 2 team or a CS:GO team sooner than we think because gaming industry is booming like never before.

[TelolettOm]

(Source: blockchaingamer portal data , ICOBazaar analytics )

Although Strategic, but I observe a lot of projects that do not seem to run according to expectations. For example, Play2Live and Playgame are both game bases and I see that their development is not so maximal that it tends to be stagnant. if on average the game industry on the basis of the blockchain has no innovation then it will not be able to compete. The data above is 2018.

[bitbunnny]

I would say that Bitcoin and gaming industry are kind of naturaly connected. Industry that highly uses new technologies is naturaly oriented to cryptocurrencies and gamers like to use it both for gaming purposes or in real life. Gaming industry is also opportunity to promote Bitcoin and other cryptocurrencies.

[Darooghe]

Applying blockchain to gaming as an industry is in no way beneficial, or even remotely needed. There is absolutely no problem being solved by this, in practice all this will allow for is in-game microtransactions to be paid in tokens, and over-saturation of a niche vertical market of independence and mobile gambling games.Microtransactions, rewarded game play, and optional ads are a natural combo. The game data does not need to be stored on the blockchain to benefit from the advantages of crypto.

As an example paypal won't process micro transactions at all. With crypto you can have near instant payments, no transaction cost, and wallet authentication. If people want to collect tokens or store game data on the block chain, I can appreciate that approach. Just as there are a variety of games and gamers, there will be a variety of solutions used in development.

[Lmaooo]

Applying blockchain to gaming as an industry is in no way beneficial, or even remotely needed. There is absolutely no problem being solved by this, in practice all this will allow for is in-game microtransactions to be paid in tokens, and over-saturation of a niche vertical market of independence and mobile gambling games.Microtransactions, rewarded game play, and optional ads are a natural combo. The game data does not need to be stored on the blockchain to benefit from the advantages of crypto.

As an example paypal won't process micro transactions at all. With crypto you can have near instant payments, no transaction cost, and wallet authentication. If people want to collect tokens or store game data on the block chain, I can appreciate that approach. Just as there are a variety of games and gamers, there will be a variety of solutions used in development.

I think if you look at both bitcoin and the blockchain industry are relatively small at the moment that is why the game industry is not focusing on either of them. But I believe in-time when the bitcoin and blockchain industry has matured enough the gaming industry has no choice but to implement both in the future.

[xiboothrezi]

That's an epic combination, I think. Both have unique niches with large communities, some games also use digital money to buy and upgrade items. If that can be changed with cryptocurrency it will certainly be more interesting. We all also know that this is starting to be developed, adopting blockchain really provides many benefits. So many projects based on games use blockchain.

source

[Pearls Before Swine]

I find it really, really strange how gaming has such a blind spot when it comes to crypto. You'd think they'd be running towards it but the silence is deafening. 

I agree, but it seems that a ton of businesses have an aversion to cryptocurrencies.  If they didn't, we'd be able to buy stuff on amazon with bitcoin.  In fact, I've heard rumors about that for at least a couple of years now but it's never become a reality.

Steam was accepting bitcoin for a while, but they stopped if I remember right.  I'm not sure why that was, but I would imagine it was because of a lack of people using that option.  Anyway, I think bitcoin (or any crypto) is underutilized in the gaming industry.  There are so many in game purchases that could be made using bitcoin, and I would think gamers would love this.

Maybe as the newer generation progresses they'll eventually boost adoption, but I don't know.  Bitcoin is in kind of a dead period as far as adoption goes.  I'm hoping it will pick up eventually.

[xvids]

Hey guys, I was wondering about Bitcoin, blockchain and cryptos in general and their relation to the games industry

We all know, people at my age (31 years) growed up playing games, surfing the internet and they are  very close to technology in general

Games always have put new technologies to evolving the market, like: Internet to play multiplayer games, virtual reality and 3d to have a deeper experience, photorealism, payment inside app/game and etc

But until now, games industry didn't use any new technology related to cryptos

Do you think they will use?
And if yes, how they can use BTC, blockchain and cryptos in general?

The only and most obvious for me is use cryptos to pay games, in steam, psn, xbox live and etc, but I'd like to see your ideas guys

I think the best for crypto to be part of the game industry is to create a game where crypto would be the currency of the game.
Just imagine playing a similar game like Ragnarok but the currency would be crypto and it would be real money and your loots would also be crypto but if you die or a player kill you ,
You would lose some crypto that would go to the killer and to the game.

[Bitcoinislife09]

Hey guys, I was wondering about Bitcoin, blockchain and cryptos in general and their relation to the games industry

We all know, people at my age (31 years) growed up playing games, surfing the internet and they are  very close to technology in general

Games always have put new technologies to evolving the market, like: Internet to play multiplayer games, virtual reality and 3d to have a deeper experience, photorealism, payment inside app/game and etc

But until now, games industry didn't use any new technology related to cryptos

Do you think they will use?
And if yes, how they can use BTC, blockchain and cryptos in general?

The only and most obvious for me is use cryptos to pay games, in steam, psn, xbox live and etc, but I'd like to see your ideas guys

Gaming companies are getting bigger also the gaming community I don't think they should use Blockchain or bitcoin as one of their assets or how could they benefits in using bitcoin or cryptocurrency but it my opinion i think using cryptocurrency since they were developers imagine if you could buy a coin in the game using your bitcoin easily, in my opinion, it will be a great assets and adjust for the gaming community and developer to use bitcoin as one of the payments and obviously they could benefit in this kind of transactions also cryptocurrency community is getting bigger so they should have a lot of use of this method.

[Edraket31]

I would say that Bitcoin and gaming industry are kind of naturaly connected. Industry that highly uses new technologies is naturaly oriented to cryptocurrencies and gamers like to use it both for gaming purposes or in real life. Gaming industry is also opportunity to promote Bitcoin and other cryptocurrencies.

Yes and actually the global gaming industry is still and rapidly continuously growing so fast, especially now that kids and even 30+ years old are doing mobile games, and the market for this gaming industry has reached a revenue of over 130 Billion $ last year. So, if this will be connected towards each other then, crypto will be widely used, and will have a big market and big impact when it comes to demand.  

[Drai]

There are gaming platforms out there that are based in blockchain technology and apart from that, there are gaming platforms that do not run in blockchain technology but their betting currency is bitcoin, just take a look at the signatures of most high ranking members in this forum and you would see them wearing signatures of online casinos, mossy of those casinos accept BTC payments and as for those that run in the blockchain, it's usually Altcoins like EOS that it's blockchain is mostly used for decentralised apps especially those of the gaming variety.

[Bonenx14]

I would say that Bitcoin and gaming industry are kind of naturaly connected. Industry that highly uses new technologies is naturaly oriented to cryptocurrencies and gamers like to use it both for gaming purposes or in real life. Gaming industry is also opportunity to promote Bitcoin and other cryptocurrencies.

Yes and actually the global gaming industry is still and rapidly continuously growing so fast, especially now that kids and even 30+ years old are doing mobile games, and the market for this gaming industry has reached a revenue of over 130 Billion $ last year. So, if this will be connected towards each other then, crypto will be widely used, and will have a big market and big impact when it comes to demand.  

if the game industry, make games made must have potential and not boring. if the game industry and bitcoin technology are connected I think it would be good especially if the game made can be played by all people

[lighpulsar07]

Gaming industry are trying to adopt bitcoin as another mode of payment and i think Steam has already done this before by adding bitcoin as additional payment platform in 2017 but in late 2017 they already removed it due to the reason of high transaction fees and volatility of it and that time was the blocksize debate was very hot topic that time. Anyway i think that bitcoin and gaming industry don't stir very well unlike in gambling cause not all players were pay to win...

[Memminger]

Gaming industry are trying to adopt bitcoin as another mode of payment and i think Steam has already done this before by adding bitcoin as additional payment platform in 2017 but in late 2017 they already removed it due to the reason of high transaction fees and volatility of it and that time was the blocksize debate was very hot topic that time. Anyway i think that bitcoin and gaming industry don't stir very well unlike in gambling cause not all players were pay to win...

If we talk about the gambling industry then surely Bitcoin would click them together very well since websites who are involved in gambling don’t ask too much information even if you win and on top of that there are no taxes to be paid which would be deducted to your prize.

Though personally, I think that the gaming industry would soon accept Bitcoin since the issues in the past had already settled.

[asus09]

Gaming industry are trying to adopt bitcoin as another mode of payment and i think Steam has already done this before by adding bitcoin as additional payment platform in 2017 but in late 2017 they already removed it due to the reason of high transaction fees and volatility of it and that time was the blocksize debate was very hot topic that time. Anyway i think that bitcoin and gaming industry don't stir very well unlike in gambling cause not all players were pay to win...

If we talk about the gambling industry then surely Bitcoin would click them together very well since websites who are involved in gambling don’t ask too much information even if you win and on top of that there are no taxes to be paid which would be deducted to your prize.

Though personally, I think that the gaming industry would soon accept Bitcoin since the issues in the past had already settled.

What game industries kind with bitcoin and altcoin? if using gambling game platform I think is not good for bitcoin with many investors are Moslem, if using with gaming platform to adoption of bitcoin will have positive side for bitcoin come to higher price. Never use gambling gaming site to adopt with bitcoin because have investor not agree with gambling gaming project.

[JC btc]

Gaming industry are trying to adopt bitcoin as another mode of payment and i think Steam has already done this before by adding bitcoin as additional payment platform in 2017 but in late 2017 they already removed it due to the reason of high transaction fees and volatility of it and that time was the blocksize debate was very hot topic that time. Anyway i think that bitcoin and gaming industry don't stir very well unlike in gambling cause not all players were pay to win...

Cryptocurrenty was actually has been popular because of games, many people has been into crypto because they are using Bitcoin and other altcoins as way for them to earn thru games, and now adoption arises and even casino are adopting it, as they think it can attract more users, as well as advantage for Bitcoin too as it is widely used in different ways.