Level Up! 500 Games to Accept Altcoin as Payment for the First Time
A “made-for-gaming” cryptocurrency is leveling up by becoming a payment method in more than 500 games, 200 countries and territories, and have access to over 500 million gamers.
A “made for gaming” cryptocurrency has become the first-ever altcoin to be accepted by a major gaming platform – in what is being described as good news for developers and players alike.
MobileGO (or MGO for short) has been picked up by Xsolla, a company which aims to help content creators launch, monetize, and market titles. The collaboration means the cryptocurrency is now available for use in more than 500 games – with more than 500 million players getting the chance to purchase titles and use the altcoin for in-game purchases.
As part of the deal, developers will also be able to elect to have royalties from Xsolla, paid out to them in MGO, “on a sliding scale percentage of their choice.” Both platforms say this arrangement is in reaction to an increasing trend where digital entrepreneurs are transferring their savings and retirement investments to the