With the growth of online games and crypto coins; the combination of two activities is closer.
Introducing virtual currencies in online games can bring increased profits, because more and more users are asking to pay online with their Bitcoin.
The online gaming market has accumulated more purchasing power over time and with this power, trajectories are characterized by more than important profits. Some consultants have determined that the video game industry, for example, can focus on profits of up to $ 180 billion by 2021. What this means is more than good performance. In fact, their results have been very good over the past two years so that their income is equivalent to the total income earned by the music industry from the beginning.
Lately there has been a lot of talk about blockchain technology because it has become a technological phenomenon that takes a big dimension. It is said that blockchain technology can be the most common way to conduct financial transactions in the near future. Of course, all of the cryptocurrency sounds will not be left in the gaming market, which has been a trend for years. Introducing this type of technology in the online gaming world can mean an increase in profits, because more and more users are asking for the possibility of paying online with their Bitcoin.
The only reason many companies haven’t decided to take a simple step is volatility. Both the world of games and crypto coins have a large segment of users who come only to try their luck … and areas that are so difficult to manage can pose a big risk.
Some things to keep in mind about the relationship between online and cryptographic games:
– The world of online games is not new, which if there are, are some rules and conditions, for example in the case of poker games. And in the world, there are many differences about what you can and can’t play online.
– At the same time, we must realize that the percentage of users currently using crypto coins is still much lower than other online payment methods. But today, some of best gambling sites UK support the use of crypto coins.
– The number of new users in online cities increases every year and most of them have smart devices to make payments online. Playing poker online is very common for gambling fans, including crypto coins as a form of payment can make them a little more common for a growing industry.
– Credibility in Crypto-Coins can affect your quotes, so it is advisable to realize its value on alternative exchanges, because they can lose up to more than 20% for several hours, as happened last year.
– It is true that gamers and game developers can use the advantages offered by coins such as Bitcoin to make online services anonymously and without intermediaries.
What technological changes does blockchain technology offer?
A block chain is “like a book of accounts that is taken by everyone.” It’s impossible to fake anything, because if you want to change a transaction, you should change it for the whole world as well. ”
Perhaps that is why the online gaming industry is beginning to understand what the benefits of this type of technology could be, among which stand out: safer, more transparent and faster payments. At the same time, it would allow players to purchase digital products by connecting them to their developers securely and directly.