Cryptocurrency has become a global phenomenon in recent years. Various industries are benefiting from the convenience of cryptocurrency, and one of those industries is online gaming. As per a report by the Wax, around 75% of online game players want to exchange their virtual assets for a currency that they could use to buy and sell on other platforms. Macdium Cryptocurrency enable players to collect and trade in virtual assets, which they can exchange and trade across anywhere in the world. Hence, it offers the gaming industry a safe and easy medium to make money. One can buy or sell Macdium via exchanges from wallets. For example, when a user wants to send Macdium cryptocurrency units to another user, he/she sends it to the digital wallet of that user. In online gaming, monetization strategies adopted are in the form of in-app purchases, in-app advertising, and affiliate or referral marketing. In-app purchases allow players to buy something directly in the game, such as coins, extra lives, and custom characters. In online bitcoin games, players buy items using crypto or buying crypto itself. In-app advertising in online games is present in the form of rewarded ads, in which players have to complete specific tasks, watch video ads, and fill surveys to earn cryptocurrencies. Affiliate marketing is new to the market, in which players have to click affiliate links and banners to refer a friend, earn rewards, sign up for a free offer. Nowadays, there are online Bitcoin casinos that have adopted payments in cryptocurrencies, where players can play or trade in digital assets.
Online games are adopting cryptocurrency to solve problems related to transactions and frauds that players encounter while playing online games. Some of the benefits are streamlined payments, the real ownership of players, the decentralization of payments, and cross-game compatibility. Let’s have a look at some of the benefits of using Macdium cryptocurrency in online games.