How are Bitcoin generated in Video Games?

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There are a lot of video games out there which reward the player in Bitcoins or other cryptocurrencies for winning the game or achieving a specific objective. But from where does those crypto come from?

Do the players act as bitcoin miners while playing the game or is there any other mechanism which generates the bitcoin for the game? How does this work? Is the game itself decentralized or they embed the bitcoin blockchain in it?

Bhavesh

Posted 2018-04-10T15:35:37.110

Reputation: 103

Answers

2

These games do not actually generate any Bitcoin. No Bitcoin is being mined in these games; that's not how Bitcoin works.

The Bitcoin comes from the service running the game. They are doing something other than running the game that is earning them Bitcoin. They then use that Bitcoin to give small amounts to their users. The Bitcoin is typically earned thread advertisements that are on the website.

Andrew Chow

Posted 2018-04-10T15:35:37.110

Reputation: 40 910

Have you heard of the game MyProfitLand? How does this game give money in good amounts to the players? – Bhavesh – 2018-04-10T16:16:49.457

It looks like they use microtransactions and charge fees for withdrawal etc. That's how they earn money, and that money in turn can go back to the user. Furthermore, AFAICT, they have effectively peer-to-peer transactions so the money doesn't actually come from the service itself but from other people paying you through their service. – Andrew Chow – 2018-04-10T16:30:48.623

Asked: 2018-04-10T15:35:37.110

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Active: 2018-04-12T05:43:44.197