In the early days, cryptocurrencies and other digital assets were too taboo for traditional media attention. As few reputable sources were willing to cover an anarchist currency, it was kept alive through discussion forums, IRC chat rooms, and electronic mailing lists. But these online hubs also happen to be the home of video game enthusiasts. Virtual currencies are not new to the gaming industry. From V-bucks to Primogems, video game studios have long reaped the benefits of microtransaction-based business models using intermediary tokens. People enjoy investing money in video games they love, and with the advent of real-time game streaming, the industry’s willingness to embrace new technologies has created thousands of careers throughout the world. The role of gaming in smoothing down the transition to virtual currency is often overlooked, yet cryptocurrencies and games monetization is a match made in heaven. Together, they have the potential to change how games are designed, lowering the barrier for newcomers and building more community-driven gaming environments. Last year, as fears of the COVID-19 pandemic grew, live events in the eSports industry witnessed a significant hit. However, this increased viewership numbers across many live streaming events. Furthermore, the eSports market’s revenue experienced unprecedented growth. Studies suggest the global eSports market generated approximately $1.1 billion in income this yea...
