Bitcoin for the Win: MintGox Pays Online Gamers in Crypto

In letter

  • MintGox is a monthly online competitive series that focuses on Bitcoin games.
  • Players can earn BTC for winning competitions along with other prizes.
  • MintGox # 009 will take place next weekend on November 29th.

As the COVID-19 pandemic spread far and wide earlier this year, many live conferences and events were canceled – and that was also true for the crypto world. Some of the companies in the burgeoning crypto video game space had planned to take advantage of such events to showcase their games and competitive potential, but had to spin after cancellations.

In order to, MintGox was born. According to Desiree Dickerson, Vice President of Business Operations at Lightning Labs, the event was started when she connected with Simon Cowell, Co-Founder and CEO of Bitcoin payment platform ZEBEDEE, one of the companies that wanted to showcase its gaming technology continued at events earlier this year. Then they took part in Christian Moss and Andre Neves from ZEBEDEE together with Jack Everitt from THNDR.GAMES and planned the first of many MintGox events.

The main monthly event is streamed online from the MintGox website, which has a dashboard that alerts visitors to esports tournaments for various crypto games and other interactive activities. At MintGox events so far, games like Donnerlabs first-person shooter Bitcoin Bounty Hunt, ZEBEDEE’s Mario Kart-like Bitcoin rally, Satoshi’s Games Royale shooter Litenite and THNDR.GAME’s Bitcoin Bounce in arcade style have been presented.

“Viewers can pay satoshis to drop power-ups right in the game to help players who support them or to add bounties for players who want to drop,” said Dickerson Decrypt. “MintGox is remarkable in that we are tearing down the fourth wall between spectators and players. Now these groups can interact directly, which is not the case anywhere else. “

Each major event had a prize pool of 5 million satoshis, or 0.05 BTC (about $ 960), though there were additional prizes like socks from Mt. Socken and the bitcoin-centric card game SHAmory.

MintGox # 009 will take place next weekend, November 29th. MintGox # 010 on December 27th is slated to be a “flagship event,” said Dickerson. She said the year-end event will have a “much larger prize pool” and other surprises, and that they are looking for additional partners and sponsors to bring MintGox # 010 to life. Previously, they integrated sponsors for in-game activations during events, including a Bitrefill brand station within the Bitcoin Rally.

According to Dickerson, attendance and engagement have increased significantly since the first events earlier this year. While the first MintGox event had around 100 players and viewers and 1,000 Lightning transactions during the event, the last brought more than 4,400 players and viewers and more than 15,000 Lightning transactions.

“We are also witnessing continued participation between events, with many popular players competing between events and becoming bitcoin gaming influencers,” she said. “Not only are we seeing an incredible amount of engagement and demand, but a very strong community is forming around MintGox and the games we offer.”

MintGox was originally planned as a short-term initiative to fill the void in the pandemic, but has grown into something that organizers want to continue to support through 2021 to help raise awareness of Bitcoin-centric gaming.

“MintGox is to a large extent a community experiment and we will let it evolve with demand. In 2021, we plan to host more events, qualify for the main monthly events, and develop ways people can play between events, ”added Dickerson. “The next year should also be filled with new games and bigger prize pools! We also look forward to working with influencers and streamers who can help spread the word about these games outside of the Bitcoin community. “