Historical Event for Video Gaming and Cryptocurrency
The company called Satoshi games, is using the Bitcoin Lightening Network to create a Video Game with A Bitcoin Reward system. I think this may be history in the making and it may have a profound effect on both video gaming and cryptocurrency.
Bitcoin Games
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Multi-player battle gaming on the Bitcoin Lightning Network, is now a reality, thanks to Satoshis.Games. This means the game they have in development will allow players to earn and spend BTC directly, during the gaming activities. 😳🤯
The is apparently made possible by the Lightning Network and one of its big achievements: BTC microtransactions. Which appears to work nicely with in game reward systems for video games!
Because Bitcoin is $7000 plus per whole Bitcoin, but is divisible into 8 decimal places, I.e. Satoshi’s, the biggest impediment to micro transactions in Bitcoin was mining fees and speed. But if you use lightening Network and deposit Bitcoin into a game wallet, you might have affordable ways to transfer Bitcoin in between players and make video gaming into a money making proposition.
The game features both a Bitcoin mode and Game point mode. So you can play for small bits of Bitcoin or Game points. Interestingly enough the current game allows you to earBitcoin by shooting other players and for selling stuff you take off their corpse.
The creators of this game hope it will be a game for everyone because non-bitcoin users can play the mode with no Bitcoin. I think they hope gamers will come for the game and eventually the Bitcoin.
Here’s the trailer for the game below
Further details from an article on link;
What is Lightnite?
Lightnite is an online multiplayer battle royale game where every specific digital interaction between players triggers a monetary reward or penalty. In simple words, players earn bitcoin by shooting other players and lose bitcoin when they get shot. However, some of the items in the game are worth real bitcoin and can be picked up (usually they are left on the ground by dead playeres!🤕. Lightnite’s store allows users to purchase in-game items in exchange of bitcoin, using the in-game balance or through a micro-transaction from the player’s wallet; the in-game bitcoin balance updates in real-time every time a player shoots get shot or pick up a valuable item (the player can then exit the game when he wants to and instantly withdraw his balance into his own-wallet).
Source
As for satoshis.games, we use the Lightning Network (Bitcoin’s transaction layer) to integrate Bitcoin micro-transactions within Lightnite. The only thing that players need to do in order to play Lightnite and enjoy the full potential of the in-game Bitcoin micro-transactions is downloading a wallet that supports the Lightning Network (e.g. Bluewallet), send a small fraction of bitcoin to that wallet and start sending and receiving bitcoin over the Lightning Network while playing Lightnite.
Source;
From the creator comes more details:
Available modes: Bitcoin-integrated mode and Non-Bitcoin-integrated mode
Bitcoin-integrated mode. Players will enter the game and join other players online after making a micro-transaction (no pay-to-play: the micro-transaction only updates the balance of the player who can then withdraw it back if he doesn’t die before exiting the game). Every player has an in-game balance that increases in real-time when he shoots other players or picks up valuable items and decreases when he gets shot. When the player wants to exit the game, he can withdraw his balance into his own wallet and spend his bitcoin on the in-game store, on other Lapps or on tacos and beers.
Non-Bitcoin-integrated mode. Same game, no micro-transaction required to join the game, in-game points instead of bitcoin. In addition, players can buy items in the store using fiat money (it would be great if everyone could use bitcoin, but mass adoption has to be reached one step at a time).
Source;
Sorry this game is still under development
Collective Groan
This game, called LightNite, is still under development, but the plan is to have it run on the major gaming platforms and on a new game distribution platform by Satoshis Games called Elixir
Crowd Funding
The makers of LIGHT⚡NITE — Satoshi Gaming is planning a crowd funding campaign for this game. So if you think a Bitcoin rewarding first person shooter, where you ransack corpses for loot you can sell for Bitcoin is going to be big, check out this link to give them your money; https://buy.lightnite.io.
Discount Code
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Further Reading About This Article’s Subject is Below
https://medium.com/lightnite/lightnite-a-bitcoin-integrated-battle-royale-game-2ec9f3746b0e
https://bitcoinist.com/play-and-earn-bitcoin-btc-with-litenite-game/
Reference https://bitcoinist.com/play-and-earn-bitcoin-btc-with-litenite-game/
Reference: https://twitter.com/hashtag/LightningNetwork?src=hash&ref_src=twsrc%5Etfw
Reference: https://t.co/Hiy5cC4A46
Reference: https://mainnet.satoshis.games/
title: Earning Bitcoin Playing Video Games.
It'd be huge for the gaming industry
Look forward to it.