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    Author Topic: Bitcoin in the Videogames Industry  (Read 1510 times)
    Huobi-USD (OP)
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    May 09, 2016, 02:59:00 AM
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    By Huobi!(www.huobi.com).

    BItcoin acceptance and the implementation of blockchain are expanding over a large quantity of fields around the worlds and the videogame industry is not the exception. During the last weeks a bunch of related news were released, from bitcoin payment acceptance to a universal videogame cryptocurrency exchange.


    Kinguin:

    • The platform, whose mission is to provide sellers and buyers from all around the world the possibility to trade video games at a fair price, has quickly become the largest alternative marketplace to Steam. Kinguin has been accepting bitcoin payment since last year, however recently, they announced that merchants can now withdraw earnings in BTC as well, something no other platform has implemented yet. This conversion process is done by BitPay.


    Gamecredits :


    • Last month the company released GameCredits (GM), a universal cryptocurrency that can be used across a variety of different games and platforms. The company also offers the first exchange that allows customers to transfer fiat currencies, such as the USD, into GameCredits (GM) or vice versa along with exchanging them with other digital currencies like BitCoin.


    Steam :


    • Steam, developed by Valve Corporation, is the largest videogame marketplace in the world, receiving millions of users on a daily basis. In the last week of April, Valve announced that Steam is now accepting bitcoin payments through the processing service BitPay. With this policy the company seeks to offer payment options in less accessible areas of the world.


    Which other industries are taking advantage of bitcoin and the blockchain technology? Let us know your opinion about the bitcoin implementation in the gaming industry, how else could it improve


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