1/ BITCOIN GAMING 2020 RETROSPECTIVE (a thread)

This has been a challenging year all around, but we’ve witnessed incredible commitment to building on Lightning.

The #bitcoin gaming community specifically used this year as an opportunity to bring people together through gaming.

2/ This year we’ve seen the #bitcoin gaming experiment:

- Onboard new entrants to #btc
- Make microearning for play possible
- Create new ad models to engage audiences
- Complete the in-game circular economy
- Add value to esports, connecting streamers & influencers

And more!
3/ With the cancellation of numerous IRL confs and meetups, the #bitcoin gaming community transitioned to online demos and tournaments.

@MintGox, a next gen esports tournament powered by Bitcoin, was born to showcase companies building games on LN. 🧙‍♂️

https://t.co/30Sg2YREB1
4/ Over the past 9 mo, @MintGox featured FPS, fighting, racing, battle royale, mobile games, & more.

The streaming dashboard intro'd a novel way to break the fourth wall, letting viewers interact directly with the gameplay, using sats to drop powerups, inc. bounty, & send tips.
5/ Since inception, @MintGox witnessed incredible growth (over 20% MOM inc. engagement) reaching global audiences and building a dedicated community. 🌏

The most recent MintGox event saw over 5,200 viewers, 10,000+ LN txs, and over 10 million sats (0.1 $BTC) in prizes.
6/ Check out @mintgox at https://t.co/30Sg2YREB1 and join the Discord below to stay up-to-date on upcoming #btc gaming events. 🏟️

If you’re interested in sponsoring / advertising, shoot me a DM!

https://t.co/yTH2xhWSBh
7/ Gaming companies @zebedeeio, @thndrgames, @donnerlab1, and @satohisgames all made significant progress in 2020, collectively moving the space forward and making #bitcoin gaming a reality (with even some events in VR!).
8/ @zebedeeio's dev tools make the frictionless transfer of value in-game a reality via $btc. 💸

This year they launched their developer dashboard, Unity SDK, & gaming-focused wallet (over 100k tx since launch) featuring gamertags + static QR codes.

https://t.co/fHr5uPM0Ap
9/ Last weekend at @MintGox, @zebedeeio announced their biggest news of the year: Infuse, which makes it possible to ‘infuse’ #bitcoin into any game.

Using @CSGO as the first case study, players earn sats instantly for in game actions.

Check it out: https://t.co/GGG0ZILByZ
10/ Leading the mobile gaming front, @thndrgames cranked out the hits: Bitcoin Bounce & Turbo 84.🏎️

Founder & CEO, @jackeveritt, fought the app store battle and his efforts are clearly working with stats like these:

- 236,436 tx
- 31,696 MAU
- 4,414 DAU

https://t.co/7KD510ZaDq
11/ @donnerlab1's online FPS, Bitcoin Bounty Hunt, paved the way in #bitcoin game development and the stats speak for themselves: 🔫

- Kills: 84,497
- Sats paid out: 5,631,432
- LN-payments: 471,418
- Avg payment size: 11.94
- Total player hours: 2,924

https://t.co/K3vjExhAXE
12/ @SatoshisGames's low poly, battle-royale, @lightnite had a big year with their early access release, Light⚡️Nite sessions, multiplayer, and numerous partnerships and skin collabs. 🏝️

Look for their gold release in 2021!

Check out the roadmap here:
https://t.co/fEYTC575HE
13/ While the Big 4 have made a lot of noise this year, we’re seeing promising new entrants to the space.

@hangarsixgaming makes it seamless to earn bitcoin for playing @callofduty WarZone, with regular tourneys with 50k sat prize pools and free entry.

https://t.co/wZnv4rFg0T
14/ Newcomer, @HS3D recently released an adorable, multiplayer game, Bitrealm, where users act as astronauts, frantically feeding “blob guy” various food items.

Easy game play, cute character appeal, and of course winning #BTC, make this game promising!

https://t.co/NGm5lO6mV5
15/ To get involved & stack sats, check out these community groups.

Game/company Discords:

@ZEBEDEEIO: https://t.co/oPh9oFfvmi
@Thndrgames: https://t.co/DiU1nNDLc2
@Donnerlab1: https://t.co/nXu9oWikkl
@lightnite: https://t.co/2RPLygqzjy
@hangarsixgaming: https://t.co/7CBQiy7Ul4
16/ Other communities dedicated to #bitcoin gaming:

- BLG Discord (@BitcoinLNgaming): https://t.co/5bab4Mxut5
- Bitcoin Gamers Telegram: https://t.co/LKGviX996D
- Lightning Gaming Sphinx Tribe (@sphinx_chat): https://t.co/gLbtg44iKb
17/ 2020 was just the beginning for #bitcoin gaming. Next year we will witness the true power of introducing real value into gaming and social economies.

Join us. We guarantee a fun ride. 😜

More from Crypto

I'm sure someone else has explained this, but it is just so cool and I want to explain how this works.


So Curve is awesome for swaps between similar assets, right? The fact that they trade very close to each other is a key part about how Curve works, using it's custom swap invariant function.

That's step 1

Step 2 is that Synthetix is awesome for creating "synthetic assets" (aka synths) which are assets that trade like other assets, that are backed by another, entirely different asset. Basically, a plastic banana that I can buy and sell like a real banana.

Synthetix has a feature that lets you swap between any two synths with zero slippage and a flat fee. That's because it is simply converting the sythentic asset into another synthetic asset, the backing for the synth doesn't change it just uses a different price oracle now.

This is important. Absolutely no slippage, at any size

Swap $1m sUSD for $1m sBTC? flat 0.3% fee

Swap $10m sUSD for $10m sBTC? flat 0.3% fee

swap $100m sUSD for $100m sBTC? Well, there isn't that many synths in Curve, yet but you get the point. The only limit is the pool depth

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