[2016-01-22] A Counter-Strike virtual item marketplace is paving the way for bit

- A Counter-Strike virtual item marketplace is paving the way for bitcoin trades

Digital clothing is a staple of video game economies–in fact, many multiplayer games essentially fund themselves by selling funny hats (looking at you Team Fortress 2). So when Bitcoin payment processor BitPay, Inc. partnered with OPSkins, a Counter-Strike: Global Offensive (CS:GO) skins trading site, it seemed like a match made for business.

CS:GO is a first-person shooter game that puts players in the position of being various this means that these “skins” are used to decorate the weapons wielded by players. The ability to trade skins arose from Valve Corporation’s Steam marketplace and some skins are rarer and more difficult to obtain than others providing prestige and value to them. As a result, some rare skins can sell for over $10,000. However, most virtual items go for much less, amid them keys used to unlock item boxes in the game sell for approximately $1.
Launched in January 2015, OPSkins Group Inc. intended to take advantage of the growing demand for a safe way to trade skins for money. The site partnered with BitPay in August last year and since then it has seen an ever-increasing demand for bitcoin transactions

Read more http://siliconangle.com/blog/2016/01/22/a-counter-strike-virtual-item-marketplace-is-paving-the-way-for-bitcoin-trades/

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