Blockchain 4 Gaming and CoinGeek Bitcade Warsaw highlights
On a sunny Tuesday, June 7 at the ESPORT SPOT (ESPOT) in Warsaw, the BSV Blockchain Association and CoinGeek joined forces to deliver a day of education and immersion in BSV blockchain-powered gaming.
The association organized a day of presentations and networking for game developers, investors, gamers and other gaming companies at the “Blockchain 4 Gaming” conference followed by the CoinGeek Bitcade social in the evening, an opportunity to put BSV blockchain-powered games to the test.
“We are very excited about the sector and about the trends emerging in the sector, because normally new emerging trends can define the future of a sector for the next few years,” said Blockchain 4 Gaming speaker Piotr Zielonka, senior analyst at Santander Bank Poland.
“I think we’re living in that moment where we can see that the trends are really, really emerging and the new technologies are emerging and they’re transforming the existing business models,” he said.
“We live in the moments where new trends like metaverse, like blockchain, like Web3, these are the new trends that are emerging, new technologies that are starting to transform not even the gaming sector, but in general the technology sectors,” added Zielonka. .
One of the BSV-run gaming companies in Warsaw was Haste Arcade, represented by Technical Co-founder Keith LaForce. Haste Arcade is known for creating the concept of “Instant Leaderboard Payouts” or “ILPs”, only possible due to BSV’s ability to perform micropayments.
LaForce presented the challenges the gaming industry faces with monetization and how instant peer-to-peer payments allow players to pay a small amount to play a game without intrusive advertising or other negative user experiences.
The ability to move money around so easily in Haste is thanks to their partnership with HandCash, a digital wallet and app ecosystem designed to facilitate “nanopayments” with ease. Rush Play is part of the HandCash ecosystem, and when delegates arrived at ESPOT for the day’s festivities, they boarded HandCash to experience first-hand how easy it is to play.
“We just help them set up the new account. We sent them $1 so they have some balance. They can start connecting to games, to Haste, to PowChess,” explained Rafa Jiménez, CTO of HandCash, also a speaker in Warsaw.
“When they have this experience of connecting your wallet to one of those games where you don’t have to do anything else, it’s like magic to them and it’s mind blowing,” he confirmed.
PowChess, also part of the HandCash ecosystem, also participated in the Warsaw events, presenting on the use of instant, micropayments in their chess games and inviting participants to try it out.
“You can log in with HandCash on PowChess. You immediately get an account and then the payments are automatic. When you authorize PowChess to credit your account, you just make the chess moves and the money is taken from your wallet. And also, if you win, automatically put back into your wallet, revealed PowChess co-founder Gal Buki.
“Thanks to micropayments, we can take a very small cut of each game, and this allows us to finance the service with these payments. And we are not dependent on advertising,” he added.
Another BSV-powered company with a presence in Warsaw was the Polish BSV startup Soundoshi, a metaverse infrastructure for the music industry with synergies in gaming.
“Soundoshi is actually fantastic for the transition between music and games. It’s wallet API infrastructure that can be plugged into any game basically,” explained CEO and founder Michal Scislowski.
“We can deliver our music as NFTs to any gaming ecosystem to act as a reward for requests or even to bypass licensing of their music when they create their games and stream live,” he said.
After the conference part of the day ended, there was a short break, and at 7pm the festivities kicked off again, this time for Polish players.
“In the evening we had a Bitcade. So all the games we presented today, you can play them today in the evening, said BSV Blockchain Association General Counsel and Chief of Staff Marcin Zarakowski.
“You have more than ten computer stations where you can play the arcade games, CryptoFights, Duro Dogs, win money and use BSV, on board with HandCash. I think this is the best selling point for us because we show how fast and how cheap it is, he added .
Zarakowski was right on the money with his comments, all the players present were impressed with how easy and fun the process was, especially when trying out the HandCash wallet.
“I think it’s important to have this wallet because it’s easy to authenticate your user in games. It makes it much easier to buy things or play games, do microtransactions. And I think it’s a pretty useful tool,” shared one of the Polish players.
Today’s activities were a resounding success in the thriving city of Warsaw, home to many gaming enthusiasts and also game developers. Introducing both parties and more to the possibilities of the BSV blockchain was a special experience, and everyone walked away with a new perspective on what the technology has to offer.
“It’s about the scalability of the solutions, because many of the public protocols like Bitcoin or Ethereum have some limitations in terms of transaction output or transaction fees as compared to BSV where the transaction output is very high,” Patryk Walaszczyk, Blockchain Solution Expert for IBM Consulting, told CoinGeek during the Bitcade social.
“If we can say that the transaction fees are low and you can easily calculate how it will look in the future depending on the number of transactions you will create, it is very good for the customers that they can predict the final cost compared to Ethereum where their volatility is extremely high,” he added.
Watch: CoinGeek Backstage with Haste Arcade’s Keith LaForce
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