in

Battlegrounds (PUBG) can now earn cryptocurrency rewards

Gamers playing the popular battle royale game PlayerUnknown’s Battlegrounds (PUBG) can now earn cryptocurrency rewards for it thanks to a partnership between crypto startup Refereum and PUBG.

According to a Medium post, Refereum and PUBG are going to give away over $5,000 in rewards to players who stream and play the game. The rewards will come in the form of RFR tokens. Speaking to CoinDesk Refereum’s CEO Dylan Jones stated;

PUBG has granted Refereum special access to the PUBG login system, and we’ve tightly integrated our quest technology into the game through access to their production API.

The initial campaign, funded by Refereum, is set to last until August 20. In that time players will be rewarded for in-game actions, such as logging into the game, winning matches, and more. The firm claims it has previously offered similar rewards in games like Fortnite, Apex Legends, and Battlefield.

Using their earned tokens, players will then be able to purchase games, or in-game items like skins and new weapons. The tokens, CoinDesk reports, may also be used to tip streamers. Refereum reportedly raised $32 million through a private token sale in early 2018, and helps gaming companies bolster engagement.

It argues rewards help out, and that blockchain-based ones make them the most transparent and fair. Jones was quoted as saying:

PUBG is the perfect example of a game that wants to reward its hardcore following. Utilizing blockchain to do so helps them tap into their entire playerbase of influencers with micropayments, no matter their size, instead of rewarding only the biggest names.

PUBG is a game that’s played by over 350,000 people a day. In it, players are put on a map and have to be the last one standing to win.

Notably the gaming sector is one that’s rapidly embracing blockchain technology. Video game publisher Square Enix, for example, has discussed using the technology in the near future. Ubisoft, another gaming giant, joined the Blockchain Game Alliance in 2018, an organization that has members such as Enjin, ConsenSys, and EverdreamSoft.

What do you think?

345 points
Upvote Downvote

Written by Ravi Gupat

Ravi grew up in India and graduated in Economics. He is a serial entrepreneur who has founded and exited several companies in tech and media over the past 15 years. He is also an early stage investor and advisor in various blockchain-based companies.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

Ethereum (ETH) Price Analysis July 23rd, 2019

Lightning Network Set to Help U.S. Presidential Candidate Andrew Yang