Gamers & Investors Bet BIG On Cryptocurrencies $143 Billion @senseicat

in #steemit7 years ago

Cryptocurrency and Blockchain technology were common place topics during the San Francisco Game Developers Conference with a turn out of 28,000 professionals.

One of the panel discussions were to discuss why crypto and blockchain technology on the gaming industry which is projected to become a $143 billion industry by 2020 on a global scale.

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Digital currencies has been integrated with the gaming industry for many years because virtual money has been a part of it for the past 10 years already.

Stats:

Gaming industry earned $108 billion in 2017.
Mobile games earned $59 billion last year.
PC games generated $33 billion last year.

Source: forbes

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I think we're going to see integration into gaming in a number of different ways - in-game purchases (which allow the games to obtain greater reach) as well as facilitating recruitment of tech talent on the development side too (both with respect to crowdsourcing and properly paying/rewarding developers). Great collaborative opportunity ahead!

This post is resteemed and upvote by @coe87

Yup this is going to rock the blockchain party. In fact efforts were initiated back in 2011.
Today just heard about yumerium, which are tokens that can be earned by playing games

Wow..it's the largest number on gaming industry and I think it's will be increased for next year..

Yeah more and more industries are reaping the benefits of cryptocurrency and blockchain. Gaming should be at the forefront as gaming community is oftentimes one of the earliest adopters of new technology.

Eventually gaming and cryptocurrency is going to merge big time, one of the ways will be through Enjin (ENJ) they're going to be one of the first cryptocurrencies to be mainly focused on games and virtual goods. Also check out Neblio, a platform aimed for enterprise adoption.

Luarbiasa post

This may be a problem because if they take out the money or do something bad, it will hurt us😓

If digital assets in gaming world can be converted in real money,then gamers might be one of the people who can make most millions every year.

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