Cryptocurrency to influence the online skill gaming Market
Earning Money with the means of playing games is not a cup of coffee and is extremely difficult. Though playing in some major competitions, regular live streams and online gambling might earn some bucks but that’s not enough, moreover its quite sturdy for a regular player. The platform PlayHall is planning to make this play for money concept easier and convenient by making the use of cryptocurrencies in their system.
What is PlayHall?
PlayHall basically offers an online gaming platform that gives the players a fair chance of engaging their skills in any game may it be chess, backgammon, quiz games, etc. We have already heard about these kinda websites before but the thing that makes PlayHall stand out of the box and unconventional that it facilitates the gamers to use cryptocurrency to play for real money. And PlayHall is not like other online gambling websites as it consists of games testing a player on the basis of his skills, intellect abilities, and reaction. Unlike the other websites just testing the player’s luck. The gamers will be able to win cryptocurrencies on the basis of their skills for real and also in a secure and anonymous way.
The online gaming skill platform is growing at a voracious rate. It is linked to both the eSport and gaming market. The skill games only capture about 10% of the mobile which was around 4.3 billion in 2016 and is expected to hit 7 billion at the end of 2020. With this, the popularity of eSports has been growing with every year. In the year 2017, eSport had a total audience of 385 million out of which 194 million were the eSport viewers and the rest 191 million were eSport gamers. The eSport is furthermore expected to grow about more 286 million by the end of 2018.
And these markets will be extremely beneficial to PlayHall if they are able to grab them. Their vision is quite innovative and unique as they want gamers to play for real money. Their form already many games like Soccer Quiz, Football quiz, and checkers. Their team also have gotten authorization from games like chess, backgammon, and many others. They are hoping to add 200 more games by the end of 2019.
How will be the cryptocurrencies used?
PlayHall tokens have been made by the PlayHall team for the players to use on their platform. And these tokens would be the main currency for the gamers to play on their platform. However, they’re also allowing to play with other cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ethereum Classic, Dash, Zcoin, Bitcoin Cash and many other cryptocurrencies to enable a person in any cryptocurrency market to play on their platform. This will help people to use their cryptocurrencies uniquely and efficiently without just having to hold on for investment turnarounds or price raises.