One-third of the global population are gamers, while nearly 42 million of them owned crypto in 2020. Is this intersection going to grow, and if yes, at what rate? Read more! 👇
, where new products and solutions help players collateralize their game assets to take loans or borrow assets to yield more.
The use of borderless cryptocurrencies helps to do away with the security and exchange rate issues generally associated with mainstream international trade and payments. The players do not need to divulge their personal details, such as email id. It helps keep the player identity-less vulnerable. Being borderless and less identity-sensitive also helps withdraw funds faster from any location, without restrictions.
Crypto payments involve no hidden fees or maintenance charges like credit cards, bank transfers, or other traditional modes of transfer. Resultantly, crypto payments are far more cost-efficient. Moreover, since the movement of funds is faster, it also saves on the time value of money. Decentralized finance is peer-to-peer. Therefore, it does not involve handling or exchange fees. Players make the most for their money by using cryptocurrencies as a medium of exchange.
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