by R.A. Rowell
It was only a matter of time before there was a way to buy in-game items and earn crypto from games using the wildly popular Unreal Engine. What gamers likely didn't anticipate is what cryptocurrency would be used. It's not an Ethereum based cryptocurrency being used. Instead, the developers of the Nano blockchain are the ones to come up with this new plugin for Unreal games.
You may be asking, what's NANO? NANO is an interesting cryptocurrency which you can learn more about at CoinMarketCap. One of NANO's main selling points is how it's distributed. Each user account receives its own blockchain. Per CoinMarketCap:
"Nano is reportedly able to offer fast and feeless transactions due to the Block Lattice - a data structure in which all accounts each have their own blockchain, rather than competing with others on a central chain."
Because of the nature of NANO's system, the inefficiencies of other blockchains such as Ethereum don't exist. Popular blockchain games have been known to congest the main networks of other blockchains. These congestion periods lead to high transaction fees, sometimes eaten by the developers but inevitably passed on to gamers, as well. That won't happen with NANO.
What's cool about this plugin is that Unreal Engine 4 developers can literally allow their players to earn Nano crypto by killing monsters. Other ways gamers can earn nano is by discovering loot boxes or watching in game advertisements. There's also the possibility of trading funds and items in the game itself.
The other thought that the Nano plug-in developers have is to create more of a pay-per-play subscription model for games. That way gamers only pay for the actual time they play, but with a chance to earn it back. It would give developers the chance to provide better incentives and in-game rewards for players. Also, no more shelling out $60 for a game or paying a monthly subscription with no chance of recouping it.
Another interesting point that's been brought up is the ease of topping off accounts for child and teen gamers. You don't have to worry about leaving your credit or debit card open to unforeseen charges. It's all done with Nano cryptocurrency.
One thing that wasn't mentioned was that crypto gaming could actually be seen as a reward for good behavior or excellent grades at school. It's also good because kids then have to earn their game time. Of course, that could lead to kids actually earning a good amount of money from gaming… which is why a pay to play model for game time could help.
What if your kids get so good that they earn enough to keep playing indefinitely? Well, teaching kids to earn their own way is a good thing. Just make sure they don't get too carried away, but maybe pro crypto gaming is in their future…
Anyway, these developments from NANO make them an interesting contender in blockchain gaming. This will definitely be a project to watch closely and potentially a very good thing for hodlers of NANO. What do you think of this news? Backed by such a powerful game engine, it's all up to the game makers to provide some sweet games.
by R.A. Rowell
Is this bitcoin mining game just another waste of time and clever Ponzi scheme?
Do NOT bother with this bitcoin mining game, as it looks like yet another waste of time. As the old saying goes, if it seems too good to be true, it likely is.
There have been plenty of bitcoin mining games over the years. Many of them take so long to mine anything worth even withdrawing. Some never pay at all. But in the case of RollerCoin, there seems to finally an easy and fun legitimate way to earn bitcoin - or is there?
After reading a RollerCoin Review from The Pathetic Company, it seemed like it was. But, it may take a long, long time to passively mine 1 bitcoin a month (which is several thousand dollars by the way), who says you have to? Sure, the games are fun and easy, and they are adding more all the time. You could invest in mining machines to increase your passive earnings, but you don’t actually have to if you win a few games every day. You can do all this for free. Sounds too good to be true, doesn't it?
My thinking was even if you just earn a few dollars a month worth of BitCoin from playing some mindless games, it’s probably worth it. But, besides the fact that it looks legit, I didn't find payment proofs anywhere after awhile. That led me to stop supporting it. I've now seen a few people calling it a clever Ponzi scheme to sell a token called RollerToken. At first, it seemed OK, but I'm now very hesitant to support it. So, I am no longer supporting this until I see proof that this venture is in fact legitimate.
Again: Do NOT bother with this bitcoin mining game, as it looks like yet another waste of time.
by R.A. Rowell
Ever spent countless hours watching video ads, game trailers, and movie trailers trying to earn points to use in an app? Well, before it took forever to actually earn anything from watching content. Sure, you could get points towards gift cards, sometimes even PayPal. But now, there's a new content platform that pays out in cryptocurrency. It's called Rhovit.
Rhovit pays out in rBits, a token that takes advantage of Bitcoin and other cryptocurrency price differences on exchanges. It’s based on an algorithm that trades between exchanges to profit when the price is different. The best part is that every month 100% of R-Bit's profits are shared among RBIT token holders (or HODLers, if you prefer that term - a term used by many in the crypto world which literally means Hold On for Dear Life).
While that's great, Rhovit requires that you use a particular desktop based crypto wallet to receive it. This wallet is the NEM Nano Desktop Wallet. As if crypto users need to keep track of one more wallet… I'm sure that this exclusivity was done at least in part for security, as well as the fact that it’s a pretty unique token. Plus, if you earn enough from the platform, it's likely only a minor inconvenience, right?
How Does Rhovit Work?
Rhovit gives you points that you use to unlock content. Each time you do this, you unlock energy which goes towards earning rBit tokens. As of this writing, it appears that for every 2 points you spend, you get one point of energy.
You get 50 points at registration, which is roughly enough to earn one rBit token. You also gain points for free over time, but they add up slowly. There are also promoted videos that earn you rBit tokens straightaway.
Right now, if you want more points, you have to buy them. Their best current offer is 1660 points for 9.99. It took me only 40 points to earn the first 20 energy to earn my first rBIt token. That means 1660 points would earn you about 41.5 rBit tokens.
Considering that each rBit is worth roughly $0.25 USD each, you would literally be paying $10 cash for about the same amount of rBit. So you're not getting ripped off, certainly. This amount will obviously fluctuate with the value of rBit but it's pretty stable at the moment.
My only actual complaints about the platform are the exclusive wallet you have to use to cash out, and that when you go to unlock some content, it tells you that there is no content. I assume that it's just that those particular content providers ran out of ad money or something. But it's annoying. Still, if that's happening, it means that the platform is so active that the site can't even update fast enough to not display videos that you can't earn from anymore.
I'm pretty happy with what I've seen of Rhovit so far. If this platform really succeeds, those rBit tokens could gain significant value over time. Plus, Rhovit seems to offer pretty good content, including even articles if videos aren't your thing. It's definitely worth checking out.
If you want to check it out, use my Rhovit referral link here for extra rBits!
R.A. Rowell is a collectibles enthusiast who comes from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, both on the blockchain and off.
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