Cryptocurrencies Make Purchasing In-Game Items Easier

Cryptocurrencies Make Purchasing In-Game Items Easier

Author: 
Michael R.
Date: 
November 22, 2018
Read time: 
1 minute
Gaming
Cryptocurrency
Adoption

Despite the current bear market, the cryptocurrency industry is still growing at a rapid pace. For those who can look past price action, it is evident that there are more companies than ever incorporating cryptocurrencies and blockchain technology.

Despite the current bear market, the cryptocurrency industry is still growing at a rapid pace. For those who can look past price action, it is evident that there are more companies than ever incorporating cryptocurrencies and blockchain technology.

Recently, AppCoins, a blockchain based service enabling gamers to make in-app purchases has partnered with Unity. Ultimately, AppCoins allows for easy integration which companies such as Unity can take advantage of. Rather than a company needing to create their own token and make it useful, they can take advantage of AppCoins which is a token already traded on major exchanges such as Binance. The AppCoins (APPC) token is an Ethereum based token.

cryptomaniaks

Unity is the “world's leading real-time engine, is used to create half of the world's games.” The reason this partnership is groundbreaking is that now developers using Unity’s tools can take advantage of the AppCoins ecosystem by allowing their in-game items to be purchased with APPC. In an interview with Unity’s CEO, “every month, people download 2 billion copies of Unity games,” opening the use of AppCoins to be used by hundreds of millions of gamers.

The gaming industry is believed to be one of the primary catalysts pushing for mainstream adoption of cryptocurrencies. Another popular game-focused token is WAX, inspired by the team behind Opskins, one of the largest online retail markets for in-game items. At the time of this writing, WAX has a market cap of ~$64 million which nothing to laugh at.

The prices of these cryptocurrencies are expected to rise as more companies around the globe decide to integrate with these tokens and offer them to their broader audiences. If you want to learn how to get involved in this fast growing market, check out our start investing guide today!

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