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Cryptocurrency in Games: A New Approach to Virtual World Economics

Speaker:

Cristian Gonzalez (CEO, MEGO)

Location: Overlook 2018, West Hall

Date: Friday, March 23

Time: 12:15pm - 12:40pm

Pass Type: All Access, GDC Conference + Summits, GDC Conference, GDC Summits, Expo Plus, Audio Conference + Tutorial, Educators Summit, Indie Games Summit - Get your pass now!

Topic: Business & Marketing, Programming

Format: Poster Session

Vault Recording: Not Recorded

Audience Level: All

Cryptocurrencies are quickly becoming easier to use and gaining traction. Recent developments in the Bitcoin and Ethereum protocol provide powerful tools to create new kinds of game economies where players become relevant actors as opposed to a walled garden system tightly controlled by a platform. This creates new dynamics never before seen in games. Cristian Gonzalez and the MEGO Games team have been making a game which implements player to player microtransactions using the Bitcoin network. The advantages, challenges and differences with traditional payment platforms for games of Blockchain networks will be discussed.

Takeaway

Attendees will learn the logics behind cryptocurrencies and an insight into recent developments in the Bitcoin and Ethereum network that provides powerful tools to support new kinds of game economies.

Intended Audience

Game developers who want to learn about experimental business models for online games and people curious about cryptocurrency and it's newest developments.