BitPlay Network Officially Debuts Offering Bitcoin Rewards for Gamers

Boston-based startup BitPlay Today has launched the BitPlay Network with Android versions of three mobile games – Coin Crusher, Coin Flapper and Coin Flapper PRO. On the BitPlay Network, gamers can win bitcoin.

The BitPlay Network offers competitive tournaments where players match up against three opponents selected by BitPlay, as well as in one-on-one, head-to-head challenges where players compete directly with their friends.

Depending on players’ skills and levels of success in tournaments or challenges, they can be awarded Bitcoin in off-block-chain micro-transactions. A player can send his or her winnings to any Bitcoin wallet by simply entering, pasting or scanning a destination Bitcoin address and clicking the “Send” button — initiating an immediate block chain transaction.

BitPlay’s CEO Christopher Hassett said the platform sees more than a million games played every week, with more than 200,000 micro-transactions processed each day for players who have won Bitcoin. Growth has come mainly through referrals. The games are actively being played by consumers around the world in Brazil, Mexico, Turkey, Russia and the United States.

According to Newzoo, a video-game-research company, global mobile game revenues in 2015 are expected to surpass console game revenues for the first time and reach $30.3 billion worldwide.

Hassett added:

As a company based upon the Bitcoin economy, we’re using games to make it easier for mainstream consumers to acquire Bitcoin using the micro-transactions approach. Micro-transactions, along with its global and certified transactional capabilities, are two core strengths of the Bitcoin technology that make the BitPlay Network a compelling and unique new gaming platform.

Hassett was formerly COO of Uproar, Inc., an online gaming company that went public on NASDAQ in 2000 and ultimately sold to Vivendi Universal.

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