There are many ways in which you can earn by doing something you like to do. But many times people who love gaming feel restricted when it comes to monetizing their hobby. Playing video games is a good activity for keeping your brain sharp and also helps in decompressing after a long day at work.
If you are thinking of earning something from video games, this article has an answer for you. You can easily get bitcoin after getting involved in me selecting video games that provide BTC as incentive. In this article, we will outline how you can get started on your crypto portfolio by playing some interesting video games.
A New Change
Playing to earn games is not uncommon but their reward system sure has changed with the everchanging ecosystem. As cryptocurrency becomes more and more prevalent, video games want to boost participation on their platforms without letting any player move on to another platform. There are many applications and websites that specifically cater to crypto based rewards.
There are thousands of cryptocurrencies in the market and these new games have also introduced new tokens on their platforms. However, there are many platforms that specifically deal with non-fungible tokens or NFTs. Since here our focus is on bitcoin, there are platforms that specifically give BTC as reward for staying involved in the game. They use the Lightning Network to make the propagation of BTC possible.
The ecosystem is changing rapidly and more and more investments are being shifted towards gaming. In 2020, there was a USD 4.9 billion investment in the gaming industry so it is natural that businesses would want to incentivize participation to a great extent. The private investment also increased in the recent years which makes the industry a viable choice for many institutions and private investors.
The blockchain technology is where all the towns and crypto networks are based. They allow developers to create apps and build enticing games on the blockchain. Ethereum has its own set of games offered to interested parties while BTC has its own set of dedicated gamers. On the other hand, the Lightning Network makes it easy for bitcoin enthusiasts to play and earn at the same time.
What is the Lightning Network?
Source: acfcs.org
The Lightning Network is a payment protocol layer on top of Bitcoin. It is a decentralized network on which many smart contracts can be executed. It is also being used for creating play to earn games and helping in feasible transactions to different participants. The network manages the scalability problem of bitcoin and also helps lightning fast transactions between two nodes.
It has significant benefits when it comes to the gaming industry. The biggest advantage is that the network can easily cater to interested players from all across the globe. The second benefit is related to efficiency which gives a good perforce to the gamers The final benefit is related to super fast transactions which is what the Lightning Network as payment protocol is known for.
Basing websites on the Lightning Network allows an individual to be eligible for micropayments. Since it is a decentralized payment method, having access to people around the world is a given. Borderless micropayments are needed in order to live BTC as incentives as and when needed. Developers want to inculcate this advantage for a better use experience.
How to Earn Bitcoin?
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Bitcoin is a big incentive for people to play for since it has the largest market share currently. The value of this digital currency is estimated to reach new heights in the coming home so it is natural that people would want a part of these profits. Online gaming sites allow you to increase your earning potential just through dedicated involvement in the process. There are different options to look into depending on your taste in video games.
If you have any questions on how bitcoin mining works and how it will reach you through the Lightning Network, make sure to check out Blockcrux.com. The reason why a service provider will love you money is to increase their advertising revenue which will benefit them if the traffic improves. There are instances when a new game is trying to cope with platforms that have a strong following. It will be important to offer incentive to players initially just for the sake of promotion.
Are the Games Legitimate?
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It is common to be afraid of fraud especially once everything will be happening digitally. Whoever, there are numerous platforms that are credible about their services. You might have to check if getting engaged with such platforms is legal in your country or state and if it is, you are good to go. You can also look up online reviews of a platform for the same.
There are rules and limitations to using such websites which would be mentioned in the terms and conditions when we sign up. Read the details to get a better idea about the credibility and do not check any boxes that are making you suspicious. The games are legit and also have offers to an individual for becoming a member of their platform. It is a great way to get started with collecting BTC without depositing any money.
The Takeaway
There are many platforms available currently that offer player to player interactions while also giving the incentive of earning BTC with regular engagement. It is a great way to keep many people entertained and invested in a gaming platform rather than shifting anywhere else.
Using the Lightning Network to create play to earn options for individuals is a great way to ensure secure and fast transitions when a player becomes eligible to earn. It is important to choose the right website so that you can earn crypto without worrying about fraud. Make sure to explore different options and do your research from picking any one game. Try out different games if you feel like it.