Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats
Categories: Bitcoin UK
The gaming universe has evolved over the years, now enabling professional gamers across the globe to earn an income at esports tournaments. But it’s not just esports athletes that are making money gaming. A new generation of play-to-earn (P2E) games enables anyone with an internet connection and a smartphone or laptop to earn cryptocurrency for playing and winning at their favorite online games. Let’s dive in and explore the world of Lightning Network (LN)-powered, play-to-earn bitcoin (BTC) games.
Game On! Introducing the Bitcoin gaming ecosystem
Today, there’s a multitude of games that are utilizing cryptocurrencies as a mode of in-game payment. Some of these games have created their own tokens, while others focus primarily on non-fungible tokens (NFTs). However, a growing number of games are being built with Lightning Network integration to enable gamers to receive BTC as a reward for playing.
The gaming industry is growing at a staggering rate. A report by Invest Game showed that in the first half of 2021, public offerings in gaming went up from USD 4.9bn in 2020 to USD 17.1bn in 2021. Private investments more than tripled. Interestingly, the gaming industry is also considered one of the frontiers of mass blockchain adoption, prompting more companies to invest in it.
Popular play-to-earn bitcoin games
There are numerous Lightning-powered bitcoin games that you can play. Let’s look at a few.
LightNite
Lightnite is a multiplayer online game created by Satoshi’s Games. In this game, you can play-to-earn (P2E) bitcoin by shooting virtual opponents and collecting your opponent’s items as rewards. You can stack sats (satoshis, the smallest units of BTC) as you play and compete against others. Then, once you exit the game, you can redeem your bitcoin earnings through the Lightning Network.
Turbo 84
In the bitcoin racing game, Turbo 84, you drive past as many obstacles as you can at an increasing speed. In this game, players are awarded based on their top speeds, tickets collected, and furthest distance driven. To earn BTC, you need to collect THNDR tickets by continuously playing the game. The tickets are then used in a daily draw that will determine how many satoshis you will win.
THNDR Bay
THNDR Bay is a bubble shooter game also created by THNDR Games. You play a main feline character named ‘Spark’ who shoots bubbled creatures towards other bubbled creatures. The main objective of the game is to match the bubbled creatures until an entire level is solved. After solving different levels, you are rewarded with THNDR tickets and stand a chance to win bitcoin in the daily draws. The more tickets you collect, the higher your chance of winning.
Wheel of Crypto
Wheel of Crypto is a trivia game by Viker that enables you to win satoshis by answering questions in the quizzes. To stand a chance to win, you are given 30 seconds to answer each question, and with each correct answer, you accumulate points and win rewards. After playing and winning, you can redeem your bitcoin via the Lightning Network. play-to-earn (P2E) bitcoin games are not only a great way to explore the Lightning Network, but they may also provide a glimpse into the future where more and more people are earning money in the metaverse doing something they enjoy.
The Lightning Network is a second-layer scaling answer for the Bitcoin blockchain. It plans to address Bitcoin's versatility constraints by empowering quicker and less expensive exchanges. While the Lightning Network principally centers around further developing exchange speed and lessening charges, it likewise can possibly empower new use cases, for example, play-to-earn games.
Play-to-earn (P2E) games are a sort of blockchain-based game where players can procure cryptographic money compensations for their in-game exercises. These prizes can be as Bitcoin, otherwise called "sats" (short for satoshis, the littlest unit of Bitcoin). By coordinating the Lightning Network into these games, designers can set out open doors for gamers to acquire sats while playing.
By consolidating the Lightning Network's quick and minimal expense exchanges with the idea of play-to-procure games, engineers can make drawing in gaming encounters where players can acquire Bitcoin compensations while partaking in the interactivity. It gives an extra motivating force to players to put time and exertion into the game, as they can straightforwardly profit from their accomplishments.