One question that has long hampered the growth of cryptocurrencies was what uses they actually had. Here, the gaming industry has proven to be an attractive partner. This is primarily due to the fact that the companies operate across different national borders, and thus need fast transactions that allow players to make deposits.

Especially Norwegians looking for their favorites in máy đánh bạc have long used international gaming companies. Lack of reliable means of payment has often been a challenge here. This can now be solved by more and more operators opening their doors for the use of blockchains for this task.

Why has cryptocurrency become so popular?

Most people who invest in cryptocurrencies like Bitcoin‘s infancy did so based on pure speculation. Now, however, this has changed, and many see the value of lightning-fast transactions and low fees. This is because it is much faster to transfer values internationally with cryptocurrency than traditional systems will be able to do.

In addition, Norwegian banks can calculate from 150-500, – in transaction fees when sending money internationally. You can avoid this by using cryptocurrency. Most decentralized networks are designed for fast, high-efficiency transactions.

How to use cryptocurrency as a payment method?

One reason why many people refuse to use cryptocurrency is the expectation that it is complicated. A lot has happened here in recent years, and today you can quickly complete transactions just like with traditional currency.

The only difference is that you will not find cryptocurrency available in your online bank. You will therefore need to create an account with a crypto exchange, and then exchange your NOK / EUR into Bitcoin, LiteCoin, Ripple or any other cryptocurrency you may wish to use.

You transfer these to your cryptocurrency wallet which makes it possible to use them just like regular means of payment. You can transfer these to an online casino, store or others that accept cryptocurrency deposits.

Tokens are becoming more popular

If you have followed the development within blockchains, you have most likely got the concept of token. These are based on the same technology as cryptocurrency, but are in practice different collectibles. Here, NFTs have become the most common in the form of images and MEMEs.

However, we have also seen an interesting development where more and more players are developing NFTs as part of their reward systems. It can be in the form of memorabilia from a concert, prize for victory in a championship or the like.

This has also come to the gaming industry. Several projects have emerged where NFT technology is used to create attractive collectibles for players. These can then be freely traded on various marketplaces for NFTs worldwide. Maybe you want to own a character from your favorite game – or perpetuate your high score list? These are typical areas an NFT could be used to create marketable values.

Tổng kết

Blockchains have been increasingly used in a number of different industries, but one of the ones that has really embraced this new technology is the gaming industry. Here, both cryptocurrencies and NFTs have become attractive means of trading that allow players to move values with simple international transactions.

Nguồn: Plato Data Intelligence: PlatoData.io