Cryptocurrency Promises Many New Use Cases For The Gaming Industry

Although businesses of all types are moving into the crypto space, the gaming industry has remained curiously behind on adoption. This fact may be perplexing, as gaming enthusiasts are highly likely to own cryptocurrency, and digital assets are a perfect fit for integration with video game technology. Now, this reticence to embrace crypto may be ending as a number of advancements promise to merge the two sectors.

There is no doubt that video game developers have long understood what cryptocurrencies could bring to their products. The vast majority of gaming purchases now occur online, and the present method of using fiat with a credit card is well-known to be cumbersome and unpopular. Crypto could streamline this process, making purchases far more efficient. Digital assets could be used for buying games and for in-game transactions, which is a business model that the industry is increasingly embracing.

Until now, technology has been the greatest barrier to…