Categories: BlockchainiGaming

BitGuild ‘pushing blockchain gaming movement forward’

That’s the view of Jared Psigoda, Co-founder of gaming venture BitGuild. In an interview with Coin Rivet, he says: “We have to remember that blockchain is just a technology, and that it can be used for both good (e.g. game design innovation) and bad (get rich quick schemes). That being said, we believe that blockchain’s potential for good greatly outweighs its negative use cases and are committed to pushing adoption through games while educating our community about blockchain technology.”

Elsewhere, Psigoda, who has been working in the gaming industry for over a decade, including co-founding Reality Squared Games in 2010, talks about he became involved in blockchain and cryptocurrencies in 2017 as an investor before realising the potential for combining blockchain technology with gaming after playing CryptoKitties.

“The most interesting aspect of blockchain technology for our industry is the ability for players to be able to own any and all of their digital assets. This includes any item that can be found in an online game, such as armour, weapons, characters, and more. This drastically changes the relationship between players and developers and allows for real ownership inside of virtual worlds,” he comments.

“It was with this in mind that we started putting together a team of top gaming and blockchain experts from around the world to form BitGuild, which aims to be a key player in pushing the blockchain gaming movement forward and has already taken significant first steps in doing so.”

Read the full interview here.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

1 day ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

2 days ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

1 month ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

1 month ago