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HashCash Makes its Way into the Gaming Sector with the Launch of Blockchain Technology based Gaming Applications
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SAN FRANCISCO, AUGUST, 2018 — Blockchain has become a buzzword in the gaming sphere, and like microtransactions – a term that was equally buzzworthy – it is already being used wrongly or is being underutilized. Blockchain is a fascinating technology most known from cryptocurrency but is basically a distributed database that is extremely hard to tamper with. Its attraction for gamers stems from the whole lot of never done before things it allows them to do from design and monetization perspective.
Currently, the technology is mainly being used for selling cryptocurrencies or some indirect form of crypto coins. A number of companies have emerged in the fringes of gaming offering blockchain games, which, when scrutinized, are simply veiled attempts to make people spend or buy cryptocurrencies, the latter often in the garb of crypto collectibles.
What are crypto-collectibles
Understanding this concept is imperative to appreciate how blockchain can be implemented in much more exciting ways to gaming. Crypto-collectibles are in-game objects that use blockchain for three purposes – to ensure that the player rather than the gaming company owns the object, to guarantee the rarity of the object, and to assure the player that the object cannot be duplicated. All these are good for is selling, or, exchange of objects, like any traditional cryptocurrency, and isn’t relevant to mainstream gaming as such.
Blockchain can make gaming more exciting
On the other hand, software development companies like California based HashCash, are teaming up with electronics and gaming companies to instead, create things like true player ownership in an online game, opening up a ton of fun opportunities. The fact that this shared ledger can be used for keeping a track of events, can easily be customized to automatically update a gamer’s stats according to the gamer’s progressing performance. Take for example an MMORPG where a weapon upgrades not by some mechanistic system, but by the heroic events, it was involved in. Picture this, you start a game using a simple iron sword, you progress and level up, and eventually use it to slay a higher challenger called “Morrowind the orc”, your sword now becomes “Morrowind’s bane”, and with the name change it gains some extra points. Eventually, when the character outgrows the weapon, the player can decide to sell it. Some upcoming player decides to buy it and as they level up, they slay a score of gremlins, and now it becomes, “Gremlin slayer, the bane of Morrowind”. It gains more stats and, eventually, this player too outgrows it. The weapon passes from player to player, each time accruing new heroics associated with it, or unlocking new achievements that make it one of the most coveted weapons in the game.
Any player who examines this gear can see the name of all the players who ever wielded it and what deeds they did. That’s something blockchain can easily do.
Diversify monetizing online games
If monetizing online games is ones only concern anyway, this too can be done in ways more innovation than selling crypto-collectibles. A designer can allow gamers to participate in his game for free – no microtransactions, no in-game purchases, no loot boxes – with only one caveat. For the duration of the play, the game would borrow the player’s GPU to mine crypto coins.
The promise of blockchain is vast, and the possibilities it brings to gamers incredible. HashCash aims to tap into this potential and implement blockchain to do more than just burn players out on cash crabs that just include the word blockchain.
Source: Latest News on European Gaming Media Network

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Grace Media partners with IGP bingo brands in the UK
Grace Media, the leading provider of white-label online gaming solutions, has partnered with Inter Group Partner Holding’s (IGP) bingo brands to deliver operational support across their UK portfolio.
The partnership will see Grace Media provide a range of solutions to IGP’s well-known UK-facing bingo brands, UK Bingo, Chitchat Bingo, Bogof Bingo, and Panda Bingo, the fastest-growing Bingo brand in the industry at the moment.
Grace Media will support the brands across CRM, compliance, payments, fraud protection and more, with a focus on enhancing the player experience and driving sustainable growth.
Lars Söderlund, Business Director and Co-Founder of IGP, said: “Partnering with Grace Media gives us access to a proven operational engine with the expertise to elevate our UK bingo portfolio. Their track record speaks for itself, and we’re looking forward to working closely with the Grace Media team to take these brands to the next level.”
Grace Media Head of Revenue and Partnerships Chris Prentice said: “It’s fantastic to be welcoming IGP to the Grace Media network. We’re all about providing the support operators need to thrive in the UK market, and we’re confident our model will help IGP’s brands unlock new opportunities over the coming months and years.”
In February, Grace Media strengthened its leadership team with four senior appointments, including industry veterans James Goodliffe and Frazer McNaughton, and internal promotions for Chris Prentice and Gary Barber.
The post Grace Media partners with IGP bingo brands in the UK appeared first on European Gaming Industry News.
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Evoplay releases explosive gameplay in Lava Burst
Evoplay, the award-winning game development studio, has launched Lava Burst, a high-volatility slot packed with exciting features to boost player engagement.
Played on a 4×3 grid, the game’s core mechanics are the Bonus Game and Ultra Bonus Game. Both begin with three spins, and each new symbol that lands reset the counter. The round continues until all 12 positions are filled or no spins remain.
The Ultra Bonus Game guarantees activation of the Lava Burst feature, where one to twelve fire comets strike random cells on the reels. Each strike applies an x2 multiplier, which increases if the same position is hit more than once.
Supporting features include Mystic Symbols, which transform into another icon at the end of the Bonus or Ultra Bonus Game, and the Mystic Jackpot Symbol, which guarantees a Mini (25x), Minor (50x), or Major (100x) jackpot. The Grand jackpot (x1000) is awarded by collecting all 12 bonus symbols of any type.
The Black Hole collects the value of all previously landed Bonus symbols and jackpots, increasing the overall win potential.
All Coin symbols carry bet multipliers – Bonus Coins appear with values from x1 to x4, while Heavy Coins land only in the base game with higher values of x5 to x9. Heavy Coins remain locked on the reels until the Bonus or Ultra Bonus Game begins, unless the bet is changed. The Bonus Game is triggered by landing four symbols on the central line, initiating a round with three spins. Each new Bonus symbol resets the spin count, and winnings are awarded only in the Bonus or Ultra Bonus Game, where all landed Bonus symbol values are totalled at the end.
Lava Burst combines high-impact visuals with layered bonus features, offering operators a strong addition to their slot portfolios.
Ivan Kravchuk, CEO at Evoplay, said: “Lava Burst offers something fresh, with mechanics that keep players invested throughout the session.
“From the escalating multipliers to the strategic bonus features, we’ve created a slot that’s built for performance and player appeal.”
The post Evoplay releases explosive gameplay in Lava Burst appeared first on European Gaming Industry News.
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Relax Gaming plots the ultimate heist in latest release Cash in Transit
Relax Gaming, the iGaming aggregator and supplier of unique content, is pulling off the ultimate heist for cash in its heart-racing new release Cash in Transit.
This highly volatile 5×4 slot sees players join a cunning gang of thieves in the City of London, attempting to commit the ultimate crime and get away with prizes worth up to 10,000x.
The action begins when three or more Bonus Symbols land, unlocking the game’s Bonus Reels. Players are awarded three respins, which reset with every new symbol that drops. As reels fill with loot, up to two additional reels can be unlocked, increasing the chances of landing valuable symbols and hitting big wins.
A range of criminally clever features can be triggered when special symbols such as the Cash Bag, Bag Man, Lock Smith, Gov’Nor, Pawn Broker, Detective and Constable land on the reels. Each symbol brings unique abilities to the chase, from revealing and collecting all visible values and amplifying symbol values to bringing non-persistent symbols to life again.
Persistent variants of these character symbols can appear, raising the stakes even more, triggering their abilities at the end of each spin and pushing players toward a genuinely successful heist.
Shelley Hannah, CPO at Relax Gaming, said: “Cash in Transit has all the makings of a legendary Relax Gaming slot. With a truly thrilling bonus reel mechanic that showcases a cunning gang of criminals, we think players will revel in the high-octane action and enjoy the engaging London heist theme with Bonus symbols and respins also up for grabs.”
The post Relax Gaming plots the ultimate heist in latest release Cash in Transit appeared first on European Gaming Industry News.
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