Cryptocurrency Games: Bitcoin Game Review

Bitcoin Games

Today digital currencies are still rather popular, despite the fact that holders of virtual coins are not really happy with the rates of their crypto assets. Some make forecasts that the market is going to increase again, while others assure that it will not take long for digital currencies to fade away. Anyway, many people are still interested in cryptocurrency and are willing to own some coins. That is why there are a number of services that offer to get digital coins without big investments. And some of them even provide users with the opportunity to make some profit while playing.

Content:
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  1. What are Bitcoin games?
  2. Different kinds of cryptocurrency games
  3. Conclusion

1. What are Bitcoin games?

Today bitcoin games, as well as games with other digital currencies, have been becoming quite popular. Well, the opportunity to get some cryptocurrency while playing games actually sounds pretty tempting. There are not really a lot of cryptocurrency games available today, or it is probably better to say that this market is not yet floated. Anyway, online gamblers are likely to find the one they need. Cryptocurrency games basically include two large industries – online gambling and digital currencies – and these two combined may be rather promising. Statistics show the online gambling market is developing rather fast. It is difficult to say whether it is good in terms of moral aspects, but that is our today’s reality. Eventually, not every game is a bad thing of course.

Source – iGaming Business 

Usually, cryptocurrency games do not ensure super high profits. So, if your aim is to earn some good money, you`d probably better try another option. However, as it often happens, some games and some gamers manage to get certain gains.  

Cryptocurrency games are actually similar to fiat online gaming and gambling. Gamers do particular actions and if they are successful, they win and receive a reward. However, gambling is gambling, so it is really better not to forget that having decided to play a little bit just for fun, one can end up spending all their digital coins.

2. Different kinds of cryptocurrency games

Today one can find a quite large number of different cryptocurrency games. These are, for example, lotteries, where participants make bets, and then some of them win. Here are a few popular Bitcoin lotteries. Let’s start with Lottoland. This lottery is officially registered in Ireland. There are certain restrictions in terms of jurisdictions and users from some countries, including for example the USA, are not allowed to take part. In addition, participants must be over 18. This online service provides also fiat money lottery throughout Europe and in fact, does not specialize only in cryptocurrency. The lottery website states that the service even has the Guinness record for the largest online gambling payouts. The service offers a jackpot of as much as 1000 BTC and even gives the winner an opportunity to choose between receiving this amount of virtual currency on the Bitcoin wallet or getting the equivalent amount of euro. There are also other lotteries – the multi-cryptocurrency game Crypto-Games, FaucetHub micropayment platform that also provides the online lottery, YABTCL.com with its free lottery, etc.

Also, cryptocurrency online casinos are relatively popular. Such services usually offer to play classic roulette, slot machine, blackjack, etc. Spin games like FreeBitco.in offer to win up to several hundred US dollars in BTC equivalent. 16.5 thousand users of this service altogether won almost 160 bitcoins. Yes, the winnings here are relatively small, but still, many crypto enthusiasts will be glad to get even some satoshi without any investments.

There are also arcade cryptocurrency games, for example, the Spells of Genesis. This arcade-strategy is one of the first online games based on the blockchain technology. The gameplay includes battles and economics in a fantasy world. The main asset of the game is BitCrystals coins (BCY). Currently (as of early October 2018) this cryptocurrency costs around $0.08 and is traded mainly on Bittrex, where users exchange it for Bitcoin.

There are even games that involve cryptocurrency trading. For example, Spark Profit players receive rewards for guessing the rate of digital assets and market fluctuations. The service offers the opportunity to receive rewards without investment and without the risk of losing money.

It is interesting that even some existing online games have decided to add popular digital coins to their list of assets. This is how BitQuest appeared – the public server of the popular game Minecraft, where you can find and use real BTC.

3. Conclusion

So, today cryptocurrency games are rather popular among crypto enthusiasts. A wide variety of projects have already been developed – from classic online gambling (casino, roulette, lotteries, spin games) to arcades and financial strategy games. Many traditional online gambling platforms have added cryptocurrencies to the list of their gaming assets.

It is important to make sure that this or that game is really reliable and makes the necessary payments. If the market of digital currencies grows and their popularity increases, then, accordingly, we will observe the development of a cryptocurrency online gambling segment. Though games provide an opportunity to make easy cryptocurrency profits, one should never forget that a game should remain a game, and to go all-in may not work out as it was initially planned.

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