The United States dollar bill only has value because you believe it does. Now, a game developer in Chile wants to apply that same concept to Minecraft and bitcoin.
BitQuest is a new public Minecraft server from Chilean game developer Mego. The idea behind BitQuest is to create a working virtual economy where players can earn bitcoins, the popular digital cryptocurrency, by trading Minecraft’s emerald element. Each emerald is worth 1 bit (1/1 millionth of a bitcoin), or about .04 cents. In the BitQuest version of Minecraft, you can deposit the emeralds in exchange for bits using enchanted chests, which act as ATMs. For Mego, this is all about using one of the most popular games in the world to help further legitimize Bitcoin as the official currency of our inevitable cyberpunk future.
“We are a bunch of crazy gamers who want to make (more…)
Microsoft has updated its marketplace to allow users to purchase games and content with the cryptocurrency Bitcoin.
Xbox One, Xbox 360 and Windows games, along with other media and content, can now be bought with the digital currency.
Those who use Bitcoin can visit the Microsoft Billing webpage and add the currency to their account, which can then be used across a range of services such as Xbox Video, Xbox Music, Windows Phone, and Xbox Games. (more…)
If knowledge of the BitFury brand was confined to the bitcoin ecosystem prior to this year, the Amsterdam, Riga and San Francisco-based company has done its best in 2014 to change this, raising $40m through two funding rounds and adding executives with experience at Samsung and VeriFone to its newly created strategic advisory board. (more…)
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