Crypto gaming: gambling with new betting tech

Published

5 years ago

May 18, 2021

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So what could this mean for the future of gaming?

Popularity for crypto is expected to grow exponentially.

This comes after more people, companies and sectors look to incorporate it into their regular business ventures.

It could be said that companies are looking to lay foundations for crypto engagement in the future.

If this is the case, what are the dangers of adding quick crypto betting within a network like Esports and gaming?

Naturally, it’s no surprise that Bitcoin and the gaming industry have a symbiotic relationship.

It is also more common these days for gaming publishers to add bitcoin into their corporate treasuries.

Gaming is one of the most popular applications for Bitcoin’s Lightning Network layer

The Lightning Network layer system bypasses traditional blockchain technologies. This results in faster and cheaper transitions – perfect for digital live betting.

However, this recent patent represents a shift that goes beyond Sony’s video game platforms.

It also suggests in the future we might be able to use crypto to game and gamble across many other platforms (like a smart TV).

Crypto gambling comes as a sobering thought for parents who’ve lost money to in-game micro-transactions.

Related Topics:bitcoin blockchain crypto gaming VIDEOGAMES

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