Blockchain: The New Character In The Gaming Industry With Opskins

Blockchain: The New Character In The Gaming Industry With Opskins

Companies
September 26, 2019 by Editor's Desk
4736
Gaming has its own marketplace just like any other e-commerce platform like eBay. Founded back in 2015, OPSkins is the online blockchain based marketplace where people have the ability to buy and sell virtual items from video games which could include digital decals and “skins” which are the stickers available.  Based in Santa Monica, California,
OPskins Blockchain Gaming Industry

Gaming has its own marketplace just like any other e-commerce platform like eBay. Founded back in 2015, OPSkins is the online blockchain based marketplace where people have the ability to buy and sell virtual items from video games which could include digital decals and “skins” which are the stickers available.

 Based in Santa Monica, California, OPSkins is an online marketplace similar to eBay, where people can buy and sell video game virtual items like digital decals and stickers called “skins”. They have even made use of blockchain and launched a token event for WAX which is considered to be the new blockchain focusing on digital item trading.  

OPSkins CEO William Quigley believes that the company is at the forefront of next-generation technology, video gaming and e-commerce and these three are the things that he loves. Blockchain is the right new-age technology that would immensely help the platform that is OPSkins.  

Quigley even mentioned that Blockchain does not currently have the acapacity to serve all kinds of business activities. But still stands out because compared to other possible solutions available for some of the functions, Blockchain has better ones. This motivated them to create a blockchain of their own. This approach has led to people across 100 countries buying and selling digital items through their marketplace. 

Thus WAX has helped in making efficient and cost-effective transactions of digital items. Big companies often find themselves struggling when it comes to deploying, adapting or even building a blockchain. OPSkins comprises of a dedicated team that was involved in the world’s first coin offering (ICO). They successfully managed to launch WAX 2 years ago. 

Cryptocurrency has helped OPSkins in great ways. OPSkins has hence been the largest e-commerce site in the world for accepting cryptocurrency deposits and cashouts in cryptos. This is because the traditional means of currencies come with a limitation of their own.

Sending conventional currencies across countries in small amounts in extremely expensive which ultimately restricts that transaction. In OPSkins there are customers from across the world and a typical purchase could be around $10 to $15. With cryptocurrency, there is no such limitation which makes it possible for OPSkins to make this transaction effortlessly. 

The market of digital item tradin that OPSkins is targeting is a huge one that is going through a phase of rapid growth. Blockchain boom has majorly affected the market size. OPSkins will thus be able to trade 50 new digital assets within a year. In the coming 5 year span, the company will be trading non-fungible tokenized assets and AR assets.

The team that OPSkins is keen on building includes people with good judgment. It is important to know that the digital world is still growing and so is blockchain. Finding ultimate solutions to everything is impossible. The employees at OPSkins are made aware of that and are made to experiment, be it with new customer features or innovative ideas. 

OPSkins is looking forward to people who are blockchain and gaming enthusiasts and are willing to share their expertise on the digital items trading ecosystem. We’re hiring a lot of people right now for positions across the organization from marketing to software development to operations and business development.

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