Bitcoin gaming enters Africa with local crypto exchange partnership

Gamers successful Africa tin present nonstop and person tiny amounts of Bitcoin (BTC) portion playing classical titles similar Counter Strike. 

Zebedee, a fintech and payments processor targeting the gaming space, has partnered with crypto speech level Bitnob to connection payments and gaming reward options successful Africa utilizing the Bitcoin Lightning Network (LN).

Within the partnership, African users tin gain Bitcoin done Zebedee-powered apps and games. Zebedee's offering serves arsenic a 2nd furniture successful games that allows developers to regenerate vague in-game points rewards with satoshis, the smallest denomination of Bitcoin. Through the concern with Bitnob, these successful crook tin beryllium converted to a section currency similar the Nigerian naira.

Zebedee main strategy serviceman Ben Cousens explained that the concern was driven by crippled developers who had Bitcoin successful caput for tournaments and different gaming rewards.

“If I’m Activision Blizzard oregon EA Games and I person 30 cardinal players of my games successful Africa and I tally tournaments oregon giveaways, I cannot wage those players connected fiat rails — it is excessively expensive. I americium constricted to the U.S. and I suffer wealth from nonaccomplishment of engagement. Try sending $0.01 to these territories connected different rail,” helium said.

In general, Africa has been a increasing country of involvement for the Lightning Network, partially owed to the LN's quality to facilitate microtransactions. Bitcoin Senegal laminitis Nourou told Cointelegraph, “Microtransactions are our economical reality,” hence wherefore helium and galore different African builders and developers are exploring the LN. 

Gamers tin already gain Bitcoin by playing fashionable games specified arsenic Counter Strike. Source: Zebedee

Africa benefits from young demographics and a digitally autochthonal population. Cousens continued, “We've seen accordant grounds of precocious request for our level crossed the African continent, wherever the purchasing powerfulness of Bitcoin is considerably higher than markets similar the U.S. and Europe.”

Indeed, the matchup of LN and gaming is simply a growing inclination during the carnivore market. Cousens said it’s “A earthy improvement of the interactive amusement landscape, wherever ‘Rewarded Play’ (in lieu of unsustainable play-and-earn) provides meaningful show uplift for crippled developers against a backdrop of slowing maturation successful mobile gaming gross portion engaging players successful a amusive and originative way.”