Playing online games is a popular pastime and has been so since the 2000s when there was an economic boom in the technology industry that led to increased internet access and more gaming companies. But, why do people like playing online games?
A quick history of online gaming
In the beginning, games with online player elements dominated video game sales. The Maxis game The Sims was massively popular in the 2010s. Developer Maxis then launched the Sims Online two years later, a multiplayer game development for the franchise. Xbox also launched its own online network, Xbox Live in 2002.
In 2006, the online PlayStation Network was launched on the new Playstation 3 console. At the time, people liked to play games on these consoles because of new gaming possibilities through multiplayer action, which wasn’t possible before unless they played in the same location. Online gaming networks for video game consoles and specific games propelled the trend into the 2010s and 2020s. Now, online gaming has evolved to include new incentives for gaming, other than multiplayer gaming exclusively – which has been quickly adopted by the casino games industry.
Versatile gaming experiences are a big appeal of what crypto casinos can offer. Seeing the popularity of online gaming, many casinos launched their businesses online as they saw people move away from just console games and onto games based on online game distributors like Steam. Realizing they had to stay updated with technology trends in order to make money, some casinos decided to implement new forms of payment better suited to online play – aka, cryptocurrency. Finding popular coins to use, people began to play online casino crypto games that make use of the latest cryptocurrency technology. Not only can they play with a range of different coins, but players generally like the accessibility, cost-effectiveness, and flexibility of online casinos.
Are cryptocurrency transactions anonymous?
Cryptocurrency transactions are anonymous and private which makes playing crypto-compatible games very appealing to gambling enthusiasts How these transactions are kept anonymous is through decentralised blockchain networks which transfer and store data concerning transactions and player decisions on the blockchain. This is done through decentralized networks which record the transactions using ledgers tied to computer networks.
These networks use their own kind of encryption techniques with random characters to identify players, which they use for their transactions. These transactions also have no connection to their real identities due to a lack of personal information as they use their unique identities to make transactions when playing, keeping their information private. Players also have no mediators involved because these factors also work to keep the actions made in crypto casino games private, secure, and anonymous. Whereas when playing games at a land casino, banks will have access to a player’s gaming info, removing the element of privacy, opting for many to then choose online gaming as a result of this.
What about accessibility to online games?
Online gaming may seem like something limited to those with the internet, but over 5 billion people were using the internet in the last quarter of 2024. Therefore as this equates to over half the world’s population, it’s safe to say many people are playing online games just because they can due to the internet. Not only that, but they can do this from anywhere with an internet connection in the time that they choose without worrying about operating hours.
In relation to crypto casino games, cryptocurrency operates globally and so do the blockchains on which they operate. Blockchains aren’t limited geographically when it comes to storing transactions thanks to the fact they can be scaled by the casino according to their number of players and consumer needs. For players, this means they only need access to the internet to access the blockchain and engage in gameplay, allowing them to play crypto casino games without geographical limits.
Do crypto casino games offer cutting-edge gameplay features?
Cryptocurrency is constantly evolving technologically because of the demand provided by those who play crypto currency games. Although this goes beyond the types of cryptocurrency available, as those are never-ending, casinos are always finding new ways to attract crypto enthusiasts.
New gameplay features are a big selling point of new games, which people tend to buy for certain elements like new weapons in a first-person shooter game, collectibles in an adventure game, and in crypto casino games, features to make the game run more efficiently.
A big part of keeping crypto games efficient has been thanks to smart contracts. Essentially, smart contracts are coded agreements on the blockchain that execute automated actions within the rules of the game a person is playing. The blockchain stores the predetermined agreements and rules for the game, which keep players feeling trustworthy towards the casino because their gameplay is fair. Smart contracts also play a role in carrying out other actions like giving rewards to players and as these are predetermined or exist primarily based on the outcome of the crypto game, the equations are able to be completed accordingly without a fuss or error that may have been possible with older cryptocurrency systems.
Do crypto casino games have lower transaction fees?
Statistically, crypto casino games have lower transaction fees, which makes crypto casino games appealing to players because the payment is worth the larger payout. This is possible thanks to the removal of banks which we briefly spoke about earlier. As cryptocurrency can be stored in an online e-wallet, there is no need for a banking system or high fees. The blockchain acts as the verification system for transactions and does not require third-party intervention, so for players, crypto casino gaming becomes more cost-effective.