Daily Cryptos Espresso – 29 Jun 2019

The online and computer gaming community is approaching the blockchain as a tool for the stability of assets inside the game environment. No more sudden changes and losses due to the action of some game developer. The consensus and rigidity built into the crypto environment, allows gamers to maintain total control over the assets they conquest and pay for. Ethereum seems to be the platform of choice.

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  • Squad Up! Millennial Gamers Will Pave Way to Bitcoin Adoption

    29 June 2019

    The gaming community looks at cryptocurrencies as a way to improve their experience, without having to know and configure wallets. Tokens and coins have existed in computer games for quite a while. People simply purchase them with a credit card or Paypal, and use them to acquire benefits inside the game. The problem has been with the central control of the game which could lead to unexpected and uncontrollable surprises, like loosing a character in mid-play. Ethereum seems to be the preferred platform for this type of applications. Ownership of in-game items can be immutable due to the structures of blockchain consensus. People spend hundreds of thousands of dollars on virtual in-game items already. One pioneer company in the field is Komodore64. Based in the Netherlands, the company is working on adding its blockchain to 3D gaming. It is called Komodo (KMD) and it is a Zcash (ZEC) fork also copied on Bitcoin every ten minutes for more security. There are also several games in the Enjin Coin (ENJ) "Gaming Multiverse" that include incentives with opportunity to earn by playing.