Bitcoin
BTC$23 380.70

0.17%

Ethereum
ETH$1 869.86

1.61%

Tether
USDT$0.999993

-0.01%

USD Coin
USDC$1.000029

0%

Binance Coin
BNB$303.57

-0.72%

XRP
XRP$0.378670

0.61%

Top 5 Cryptocurrencies for the eSports Industry


16 Oct 2019

Hardly anyone would argue the fact that cryptocurrencies and the gaming industry make up a natural symbiosis. The global gaming community consists of the most eager and devoted adepts of the blockchain technology and other tech-savvy people which see in cryptocurrencies the window of opportunity for monetization of their gaming skills, as well as the possibility for trading various virtual items and games, which, otherwise, might not have any transactional value whatsoever. As the connection between these two worlds is getting tighter, it may be a good idea to outline the Top 5 cryptocurrencies with the most substantial traction in that space.

Enjin Coin


ENJ was established in 2009 to serve the needs of the global community of gamers. The project has instantly gained popularity, proven by the ultra-successful ICO, which ended up with the Enjin project raising almost $19 million. The funding success allowed the team to continue their work on a host of user-oriented blockchain products that constitute the current Enjin ecosystem. Within this ecosystem, users can develop, trade, exchange, and store various types of digital assets, including the in-game virtual goods.

SkinCoin


SkinCoin is a cryptocurrency that has been created specifically for those who play such games as Counter-Strike: Global Offensive, Dota 2, and PUBG, the massive multiplayer online games that utilize a lot of weapons with unique design solutions called skins. Also, players can place bets on the outcome of various esports events using SkinCoin. The coin also allows game developers and businesses to automate the SkinCoin transaction through the partnership with CoinPayments. 

GameCredits


The GAME is a fork of Bitcoin that was introduced to the gamer community in 2015 at a price of just $0,0004 per token. Since that time, GAME managed to reach an all-time high of $6.5 before going all the way down to the current price of $0,02, still making the early investors a solid 9000% ROI. As for the fundamentals, GAME was designed as a coin that affords players an opportunity to make in-game purchases as well as sell the owned virtual goods and artifacts at an established market. Moreover, the platform has a proprietary decentralized payment system that provides for seamless peer-to-peer transactions between players.

Unikoin Gold


Unikoin Gold (UKG) is the ERC-20 compliant token that was developed to serve the needs of online sportsbooks that specialize in esports, though it is also applicable in online casinos. Thanks to UKG, players can place wagers on the outcome of literally all significant esports events and tournaments, with particular emphasis being placed on the ones related to CS: Go, Dota 2, and League of Legends. There is also a very interesting feature called UMode, which grants players the option of betting on the outcome of the game in which they participate and earn some crypto for spending hours at the computer.

First Blood


As the rest of the coins in this list, First Blood (1ST) has been developed on the basis of the Ethereum platform. The overall purpose of this coin is quite simple and understandable: it serves as an in-game reward for Dota 2 and PlayerUnkown’s Battlegrounds (PUBG) players who are overwhelming (dominating) the opposition over the course of the match. This is probably the most practical cryptocurrency in the gaming industry as players can synchronize their Steam accounts with the First Blood Network and then convert the earned tokens to fiat.

Author: Alex Paulson for Crypto-Rating.com

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 90% 11 $23 380.70 0.17% -3.40% $447 157 628 342 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 57 $1 869.86 1.61% -1.45% $228 155 524 371 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $0.999993 -0.01% -0.04% $67 548 986 277 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $1.000029 0% 0% $52 886 639 732 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 68% 63 $303.57 -0.72% -6.93% $48 976 512 442 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 90.8% 10 $0.378670 0.61% -0.53% $18 697 813 591 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 93.2% 1 $1.000243 0.01% 0.03% $18 378 237 848 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 82% 27 $0.530629 -1.09% -0.83% $17 902 912 179 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 82% 35 $41.02 1.30% -5.16% $14 308 783 900 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 82.8% 29 $0.077728 -3.21% 8.84% $10 312 196 275 DOGE 7 days price change
11 Lido stETH (STETH) STETH Lido stETH predictions 96% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
12 HEX (HEX) HEX HEX predictions 65.2% 66 $0.055595 -5.79% -7.70% $9 640 858 436 HEX 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 72.8% 55 $8.41 -0.02% -9.45% $9 324 984 454 DOT 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 76.8% 43 $0.000014 -3.43% 14.71% $7 823 746 490 SHIB 7 days price change
15 Avalanche (AVAX) AVAX Avalanche predictions 69.6% 62 $25.38 -1.16% -12.36% $7 233 452 158 AVAX 7 days price change

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