A recent study conducted by the Entertainment Software Association revealed that 65% of American households play video games.
That’s two-thirds of the population!
Whether you fall into this statistic or not, the 3 billion dollar market for electronic entertainment should spike your interest.
I’ll tell you why…
Video games compose a billion dollar industry that exceeded 108 billion in revenue just in 2017.
Sure, this is a thriving business, but if you’re not a gamer then what does it have in store for you?
Money!
More specifically, the video game industry offers an opportunity to turn cryptocurrency into cash.
Digital currencies and gaming work hand in hand because they both operate virtually.
In fact, they’ve been doing so for the past ten years.
The act of trading digital currencies is a method that gamers are, in a way, already accustomed to.
For example, the popular online role-playing game, World of Warcraft, uses a digital gold currency for in-game purchases that have accumulated more than 100 million dollars.
These in-game payments also transition to modern smartphone games that are “free” to play.
Even though the majority of these games are available at no cost, they still generate money from optional payments.
The market for fantasy sports games is estimated to be worth more than 7 billion, alone.
This industry is HUGE in terms of digital currency.
And now that cryptocurrencies, such as Bitcoin and Ethereum, are steadily becoming more and more recognized by the public, the future is beginning to appear promising for potential investors.
But why?
The majority of video games currently require the buyer to go through a developer to transform real money into a currency that is valid for in-game purchases.
However, this practice is becoming outdated as crypto becomes more acceptable.
And it should be!
Cryptocurrencies exist on blockchain technology, which is faster and safer for the user.
Transactions can be completed in seconds, rather than days and overall, it’s a more transparent exchange.
Not only does the inclusion of these digital currencies cut out the “middle man” and appeal to those using it, this process attracts those investing in crypto because it effectively increases its demand.
An increase in volume causes share prices to rise and the higher these prices climb, the more profitable their return will be.
But this return could be YOURS!
So why not take it?
The future of cryptocurrency appears to be profitable, especially when subjecting it to the video game industry.
To make matters even more appealing, CoinFi states that the digital currency capitalization is estimated to be at $321,233,020,883.
With numbers like these, cryptocurrencies are on track to outperform almost every other traditional investment platform.
Keep these digital currencies on your watchlist.
But it’s up to you to invest and receive your cash from crypto.
