Post
Topic
Board Economics
Re: Can Blockchain Gaming Drive Cryptocurrency Adoption?
by
deisik
on 11/10/2020, 09:36:57 UTC
I don't think gaming can drive crypto adoption, but it is a realm where blockchain technology makes a lot of sense and thus it will play a good role in cryptoversum in the future. I saw some people comparing gaming with gambling and pointing out how gambling drives crypto adoption a bit - but I am not sold on this

Well, things may have changed since then, but:

In April 2012, Erik Voorhees, an American entrepreneur and early Bitcoin adopter, founded Satoshi Dice, arguably the oldest online cryptocasino on the block, which is still pretty much alive today, although Voorhees sold it in a year. What makes it truly intriguing is the fact that during its early years the casino was generating half of all the transactions on the Bitcoin network. In short, online gambling was critically important in Bitcoin’s infancy years as it helped promote cryptocurrency awareness that led to future growth and expansion into other areas