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Author Topic: Gaming Industry and Cryptocurrency!  (Read 1573 times)
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February 17, 2020, 01:05:59 PM
 #41

I'm waiting for an mmorpg game that have been fully developed by blockchain technology. I used to play mmorpg when I was young, now that I have been into cryptocurrency lately, I wanted to see these two collaborating. since gaming industry are also popular, I don't see any reason for them not to create such fantastic idea. I'm happy to see some developers are making these kinds of games, hopefuly the games I wanted to play will be available soon.

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February 17, 2020, 02:06:47 PM
 #42

i remember STEAM using bitcoin as payment 2 years ago, but after that, they closed it. However, in the following years, i hope there is game that not only crypto as their box payment but as a theme so crypto will be more known to people.
We need another set for crypto to rise as another economic factor. Besides these gaming industries been so long stuck up with this kind theme of the game.

People keep thinking gamers will automatically be into Bitcoin -- but until they figure out that gamers actually care about gaming and not money, then we'll figure out how to make crypto a bit more suited to gamers.

See, as I said before, gamers will play and earn or keep stuff in Bitcoin or Playcoin or whatevercoin, they don't care, as long as they can use it and easily. Can't really do that for BTC at the moment. A tx in gamecoin is instant.

Now if you begin speaking to gamers about their pain points. For instance, like, if they buy that rare skin or super rare item, how many have been bought? How many did the devs really release into the wild? Non-fungible tokens should solve that problem, and you can even do it with Bitcoin, but they gotta understand that first. Stop calling it tokens for example;)

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February 17, 2020, 02:47:13 PM
 #43

There's definitely a huge overlap between these two industries, the rapid surge of Dapp-based games that use cryptocurrencies to reward users and as an in-game currency clearly demonstrates this.

However, I think that we really need to see an AAA-title have some built-in blockchain element, maybe allow people to buy cryptocurrency in the game and spend it in the real world, or vice-versa.

I think that there is huge untapped potential here, most likely due to the regulatory uncertainty of cryptos, but these walls will come down eventually.
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February 17, 2020, 02:56:45 PM
 #44

I'm waiting for an mmorpg game that have been fully developed by blockchain technology. I used to play mmorpg when I was young, now that I have been into cryptocurrency lately, I wanted to see these two collaborating. since gaming industry are also popular, I don't see any reason for them not to create such fantastic idea. I'm happy to see some developers are making these kinds of games, hopefuly the games I wanted to play will be available soon.
well now there are a number of mmorpg games that have begun to accept gold purchases using bitcoin ethereum and some altcoin because they work with third parties to be able to make transactions more easily from anywhere and do not have to use dollars or other fiat money because of cryptocurrency transactions will become easier.

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February 17, 2020, 04:07:52 PM
 #45

I'm waiting for an mmorpg game that have been fully developed by blockchain technology. I used to play mmorpg when I was young, now that I have been into cryptocurrency lately, I wanted to see these two collaborating. since gaming industry are also popular, I don't see any reason for them not to create such fantastic idea. I'm happy to see some developers are making these kinds of games, hopefuly the games I wanted to play will be available soon.
well now there are a number of mmorpg games that have begun to accept gold purchases using bitcoin ethereum and some altcoin because they work with third parties to be able to make transactions more easily from anywhere and do not have to use dollars or other fiat money because of cryptocurrency transactions will become easier.

There are a lot of games created today and also the community of cryptocurrency today is widely increasing and that has a huge advantage because with the use of those both technology innovation we can now make some investment to make a project that supports the use of game developing and using the cryptocurrency to purchase some items and also it is better if there are some games that will use just to pay the users of cryptocurrency while playing so the users will enjoy the game at the same time they are earning too.

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February 17, 2020, 06:42:37 PM
 #46

~
Same boat as you, but I already read the thread about the server in MC last 2 weeks, iirc. I don't think it is a good startup for people to adopt Bitcoin though, considering that if I was like the 12 year old me and I encountered that server, I would think that criminals from the dark web had invaded my game already as those were my first thoughts in Bitcoin back in the days. It isn't that hard to learn about Java Programming in making mods in Minecraft, so putting up work in making a basic crypto modifications in-game shouldn't be that hard as well.
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February 17, 2020, 08:56:34 PM
 #47

There's definitely a huge overlap between these two industries, the rapid surge of Dapp-based games that use cryptocurrencies to reward users and as an in-game currency clearly demonstrates this.

However, I think that we really need to see an AAA-title have some built-in blockchain element, maybe allow people to buy cryptocurrency in the game and spend it in the real world, or vice-versa.

I think that there is huge untapped potential here, most likely due to the regulatory uncertainty of cryptos, but these walls will come down eventually.
Blockchain and games are unique niches that have a strong market, when combined with the maximum it will definitely form a new niche that is stronger. By maximizing blockchain functionality in-game management, the use of cryptocurrency for various transactions such as purchasing items for these games, etc. will provide very good benefits.
And as you said, this hasn't been maximized because this is the beginning, I'm sure in the future blockchain and games will really be an extraordinary combination.

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February 17, 2020, 09:57:54 PM
 #48

Interestingly, I had never seen blockchain implementations within games that didn't have a gambling focus in some way or another - I'll have to try this minecraft implementation, though it kinda falls in the gambling network, I like this idea better though.

Any more ideas of games in the blockchain that uses the blockchain more like a database than a mean of security for gambles?
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February 18, 2020, 05:39:36 AM
 #49

The gaming industry has seen great improvement with the introduction of cryptocurrencies. I remember in one of the games provided by Enjin coin gamers had the opportunity to complete several levels to earn enjin coin and within that same platform liquidate the Enjin coin to BTC and withdraw. I hope the games listed by OP allows users to withdraw their funds and spend.

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February 18, 2020, 07:24:03 AM
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 #50

Cryptocurrencies and the GAMBLING industry can fit very well,but I'm not so sure about cryptocurrencies and the gaming industry.More than 10 years since the creation of Bitcoin and several years after most big altcoins were created,I can't see a game using cryptocurrencies to buy and sell virtual game items to be really popular and successful.Congratulations about the Minecraft server that uses BTC and let's hope that the Fortninte clone game will launch successfully,but those aren't original concepts.Copying Minecraft and Fortnite isn't enough.We have to come up with a unique crypto game concept that can't be exploited,with a virtual game item marketplace that can't get manipulated.
I found the post by Asuspawer09 very informative. I agree with you that gambling and cryptos go together very well, but I don't think that's enough. Gambling has a big problem: it's stigmatized in society. While gamers can also suffer from addiction and it's a big deal, people see gambling more dangerous and unworthy. This means that while it's good for adoption, it might not be that good for reputation. Gaming, on the other hand, is neutral, because while some suggest that it's harmful, others say the opposite. Cloning games is not very good, but I believe that gaming and cryptos can go really well in the future because people often buy stuff in games, and cryptos are indeed convenient for that.

I don't agree with that, but in some other way it still depends.

It depends on the person, some people uses cryptocurrency to be used in game is for their own enjoyment so not all gamers who tend to pay with cryptocurrency are addicted. For your information, using real money in the game is already adoption since it enters gaming platforms. As time goes by, the number of gamers are continuously multiplying and most of it are men. If men really want to excel at gaming, they will really try to do anything and spend a lot of money, that's when being addicted came in. But for me, I'd rather play games that is free-to-play and just spend my bitcoin cryptocurrency in a more important thing in everyday lives just like a practical person.

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February 18, 2020, 07:56:22 AM
 #51

It’s very good if the game is a game that is accepting Bitcoin as a payment method and using it as their own currency. Most of the games I see these days they don’t accept Bitcoin rather they have their own cryptocurrency or token that they use for that game, so it doesn’t make any sense.

There are already lots of cryptocurrencies and tokens in the market these days, so they should be making use of the ones we have, especially bitcoin, than creating more that will still end up not being useful. We should be more focused on getting people to accept the cryptocurrencies that are currently available to us.
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February 18, 2020, 08:05:42 AM
 #52

Fits really well. Great actually.

With Paypal or other services that are alike, there are many problems and it includes privacy related.
More players don't want to have the trouble of signing up again and being pushed to give their details just so they could buy a premium item for their in game character.
I have played a lot of online games and I really hate that they changed the way premiums should be.
Before you just need to scratch a card and then input it at the game website.
Now, you will need another account for buying game premiums.
With bitcoin or other alts it could be prevented.

Better, they will know more on how to stash their money. I am in vote to maximize this.
Game developers should include this option.
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February 18, 2020, 12:05:48 PM
 #53

I am not a gamer but I am happy with this news.

another related news to the OP here : https://cointelegraph.com/news/sandbox-game-from-ethereum-sells-206-000-worth-of-land

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‘The Sandbox’ Game on Ethereum Sells $206,000 Worth of LAND

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February 18, 2020, 02:00:26 PM
 #54

Cryptocurrencies and the GAMBLING industry can fit very well,but I'm not so sure about cryptocurrencies and the gaming industry.More than 10 years since the creation of Bitcoin and several years after most big altcoins were created,I can't see a game using cryptocurrencies to buy and sell virtual game items to be really popular and successful.Congratulations about the Minecraft server that uses BTC and let's hope that the Fortninte clone game will launch successfully,but those aren't original concepts.Copying Minecraft and Fortnite isn't enough.We have to come up with a unique crypto game concept that can't be exploited,with a virtual game item marketplace that can't get manipulated.
I found the post by Asuspawer09 very informative. I agree with you that gambling and cryptos go together very well, but I don't think that's enough. Gambling has a big problem: it's stigmatized in society. While gamers can also suffer from addiction and it's a big deal, people see gambling more dangerous and unworthy. This means that while it's good for adoption, it might not be that good for reputation. Gaming, on the other hand, is neutral, because while some suggest that it's harmful, others say the opposite. Cloning games is not very good, but I believe that gaming and cryptos can go really well in the future because people often buy stuff in games, and cryptos are indeed convenient for that.

I don't agree with that, but in some other way it still depends.

It depends on the person, some people uses cryptocurrency to be used in game is for their own enjoyment so not all gamers who tend to pay with cryptocurrency are addicted. For your information, using real money in the game is already adoption since it enters gaming platforms. As time goes by, the number of gamers are continuously multiplying and most of it are men. If men really want to excel at gaming, they will really try to do anything and spend a lot of money, that's when being addicted came in. But for me, I'd rather play games that is free-to-play and just spend my bitcoin cryptocurrency in a more important thing in everyday lives just like a practical person.

But you have nothing to do with that because that is their money. They will spend their money on anything they want so you just need to give them advice and let them know the advantages and disadvantages of using cryptocurrency or spending money to a game. Gaming is just for entertainment, everyone knows that but if you have a spare amount of money and you are stable about your state, then you have it. It is just that the consequence of being addicted in spending money in gaming is really a problem because people really don't know how to prevent being addicted.
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February 18, 2020, 03:46:28 PM
 #55

Lightnight looks great. If the gameplay and graphics are excellent it could be a good game to promote Bitcoin imo.

I think a game where you can get Bitcoin or crypto by winning a match/session is generally a good idea. The user only needs to input their wallet address, play the game and then earn rewards. In terms of marketing, a third-party can use their marketing funds to encourage users to do some specific things, such as building a good team with the sponsor name on it.

The minecraft mod also looks great.

In my opinion these games that involve money are very close to gambling. There is already the issue with loot boxes, being banned in some countries because it is seen as gambling (you pay for the box, and you have a low chance on getting what you actually want so if you don't, too bad buy(bet) again!

I have no problems with adults, but p2w and kids can bring unintended consequences (such as gambling addiction).

Many "f2p" games out there are already centered on shops were you can buy things with real money, or you use real money to buy their "token" and then use that in their "shop". All they need to do is accept Bitcoin as well.

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February 20, 2020, 10:26:08 PM
 #56

i remember STEAM using bitcoin as payment 2 years ago, but after that, they closed it. However, in the following years, i hope there is game that not only crypto as their box payment but as a theme so crypto will be more known to people.
We need another set for crypto to rise as another economic factor. Besides these gaming industries been so long stuck up with this kind theme of the game.

People keep thinking gamers will automatically be into Bitcoin -- but until they figure out that gamers actually care about gaming and not money, then we'll figure out how to make crypto a bit more suited to gamers.

See, as I said before, gamers will play and earn or keep stuff in Bitcoin or Playcoin or whatevercoin, they don't care, as long as they can use it and easily. Can't really do that for BTC at the moment. A tx in gamecoin is instant.

Now if you begin speaking to gamers about their pain points. For instance, like, if they buy that rare skin or super rare item, how many have been bought? How many did the devs really release into the wild? Non-fungible tokens should solve that problem, and you can even do it with Bitcoin, but they gotta understand that first. Stop calling it tokens for example;)
I agree that gamers care more about the gamer and not money, also I think it is all about entertainment and how they enjoy the game. Still having this kind of option of bitcoin and other cryptocurrencies could help in the mass adoption of cryptocurrency and blockchain technology. Gamers could also be aware of this cryptocurrency, there are investors that are also a gamer so I think having these games could be a big trend and also a big influence that could benefit both of the industry.

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February 21, 2020, 12:46:45 AM
 #57

I remember playing Linage and getting Bitcoin for in-game achievements. Then I'd spend it all on some gaming gear. Little did I know I'd cry in my bed on Dec 2017. Now I'm a proud hodler again tho Grin
Really? Linage giving out BTC for every achievements done? I played Lineage  before but I got bored and that was way before MMORPG was the biggest hit in online games.
I also tried Lineage2 in mobile version in 2018, and still stopped playing as I'm already working. Does the game in mobile giving out some BTC in game?

R


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February 21, 2020, 05:35:18 AM
 #58

so this means My Son can also Gain bitcoin on his own?at least i don't need to invest for him now ?LightNight is much good than others though Minecraft is also good because He is already into that game for several years now.
though there are some partly looks like gambling but i think i can handle the case for him to understand that His aim is to gain Bitcoins or even other cryptocurrency from gaming and besides sooner or later he will surely get involved in gambling so my Guidance will save Him from addiction or other greedy actions.

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February 21, 2020, 07:41:51 AM
 #59

I agree that gamers care more about the gamer and not money, also I think it is all about entertainment and how they enjoy the game. Still having this kind of option of bitcoin and other cryptocurrencies could help in the mass adoption of cryptocurrency and blockchain technology. Gamers could also be aware of this cryptocurrency, there are investors that are also a gamer so I think having these games could be a big trend and also a big influence that could benefit both of the industry.

It's not so much that they don't care about money, but they'd put that money all back into gaming gear. I'm not a gamer myself but I pretty much lived with a few, and even in my current work, working with them, any money earned goes back into gaming. Now if Bitcoin helps them get there faster, easier, etc. then sure, but it doesn't. In-game currencies still work so much better for them.

I remember playing Linage and getting Bitcoin for in-game achievements. Then I'd spend it all on some gaming gear. Little did I know I'd cry in my bed on Dec 2017. Now I'm a proud hodler again tho Grin

Case in point here! Gamers, if they could earn Bitcoin, would go right back and spend it on gaming gear.

But that's really not a bad thing! I personally think it's the users and spenders who'll grow Bitcoin, if everyone held... not so much =)

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February 21, 2020, 08:06:20 AM
 #60

Lightnight looks great. If the gameplay and graphics are excellent it could be a good game to promote Bitcoin imo.

I think a game where you can get Bitcoin or crypto by winning a match/session is generally a good idea. The user only needs to input their wallet address, play the game and then earn rewards. In terms of marketing, a third-party can use their marketing funds to encourage users to do some specific things, such as building a good team with the sponsor name on it.

The minecraft mod also looks great.
Lightnight is really on a different level of game now. This is a first person shooter that includes a money which is the cryptocurrency. It allows you to win a good amount of money if you are going to play this game really good. This game will for surely going to be supported by the other consumers because of its good quality graphics.

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