Exciting news for African gamers! They can now enjoy playing classic games like Counter-Strike while also earning and transacting Bitcoin. The gaming industry-focused fintech and payments processor, Zebedee, has partnered with the renowned crypto exchange platform, Bitnob, to offer seamless payment and gaming reward options across Africa through the Bitcoin Lightning Network (LN).
This collaboration allows users in Africa to earn Bitcoin through various Zebedee-powered apps and games. Zebedee’s innovative platform operates as a second layer within games, enabling developers to replace in-game point rewards with satoshis, the smallest unit of Bitcoin. Thanks to the alliance with Bitnob, gamers can easily convert these satoshis into local currencies such as the Nigerian Naira.
Ben Cousens, Zebedee’s Chief Strategy Officer, explained that the partnership was inspired by game developers envisioning Bitcoin as the ultimate reward for tournaments and other gaming incentives. He highlighted the limitations of traditional fiat payment systems for international transactions and emphasized the potential of Bitcoin in the $180 billion video games market.
The Lightning Network has gained significant popularity in Africa due to its ability to facilitate microtransactions. African builders and developers are exploring the Lightning Network as microtransactions align with the economic reality of the region. Africa’s young demographics and digitally native population make it an ideal market for these innovative technologies. Zebedee’s Cousens noted that the purchasing power of Bitcoin is considerably higher in Africa than in markets like the U.S. and Europe.
This union between gaming and cryptocurrency through the Bitcoin Lightning Network will reshape Africa’s gaming ecosystem. It offers players a fun, creative, and lucrative gaming experience. The collaboration between Zebedee and Bitnob promises a bright future for African gamers, providing them with a world of rewards and possibilities.