Tuesday, 2 February 2016

Gaming Currencies On The Rise



Modern day gaming has been literally upheaving the gaming domain with online gaming, multiplayer gaming, newer games being launched at fast pace and online currency usage in the games. Each and every gaming platform has launched their own currency which users need to accumulate and use to buy items and special powers, cross levels and upgrade their profile. Gamers can either accumulate the required currency as they progress in the game or buy this pseudo currency with real money.



Different platforms – Different currencies
With different gaming platforms available for gamers, different options of currencies are used. Some of the most famous games popular for launching own currencies are–
These cards or points can be either to buy special features in the games which can help speed up the game progress. The gaming platforms are aggressively marketing by offering free currency during sign up, for watching preferred videos, participation in contests, signing up special newsletters etc. Some of the gaming companies have reported that the sale of currencies have increased their revenues by manifold times. Prior to this option, gaming companies had to rely on ads, sale of games etc. for mainstream revenues.

Popular games and their strategies
To ensure higher sale of one’s currency, gaming companies resort to aggressive marketing. Widespread availability is one strategy where interested users of Google play gift card codes India or Facebook game cards can buy them conveniently. They are even sold in super market chains like Walmart in US and Sainsbury’s in UK. All major websites selling gaming software and hardware are also selling Garena shells, Facebook credits etc. Garena shells are a popular currency used on Garena play platform used to buy rewarding in-game products and services.
Whilst real money can be used to buy these currencies, they cannot be converted back to money.



Account and transaction maintenance
Apart from just buying and using the currencies/points, users are also given access to their account to check balance, top up the Garena Shells or other currency, check their transactions/uses of currency etc. One of the key differences is to buy the online currencies directly or buy them through game cards.

Some of the popular websites like Google play, Facebook and Apple store sell gift cards with fixed value. The cards need to be redeemed on their websites or platforms for various purposes like buy games, music or special features in the games. Since these platforms deal with more than games, the gift cards are money stores which can be used as per the convenience and requirement of the user.

The preference of such currencies is increasing at a rapid pace since all major and minor gaming platforms are eying the revenue opportunity available in this category. Also, users are increasing getting accustomed to these currencies or points since the money outflow is small amounts and helps them to cross the game levels.