GreenManGaming Surveys if Bitcoins are Viable for Gaming Purchases

Data-driven video games E-commerce platform GreenManGaming, has taken to twitter to ask the bitcoin community if the digital currency would be a viable payment method for buying games.

GreenManGaming

The gaming company consists of a catalogue totaling over 4,000 games, partnered by over 180 game publishers. The service offers downloadable titles to platforms like Steam, Origin, Uplay, Xbox Live and PlayStation Network.

The company took to twitter yesterday to post the following:

“We need your answers! Are virtual currencies like Bitcoin a viable payment method for games?”

Twitter followers gave off mixed reactions over the suggestion; some welcoming bitcoin, and others not so much. The bitcoin reddit community was more open to the idea, understanding reasons why GreenManGaming would want to accept bitcoins.

With bitcoins, all transactions are tracked on a public ledger. The digital currency also offers security features, such as the ability to conceal identities from cyber criminals. In addition, processing fees are low cost or free, making them a more favorable choice over credit cards.

GreenManGaming launched in May 2010 to dawn in an era of digitally downloaded games, rather than consumers buying them from traditional retail stores.

In July 2012, the gaming company acquired Playfire, a social network of core games. With the service, gamers can track their in-game achievements and scores across different gaming platforms.

The gaming service also rewards customers with credits for every game review they write, friend they request, purchase they make, and any physical game trades they make on the site.

If the company does decide to go ahead and welcome bitcoin as a payment method, GreenManGaming may find itself targeting a new customer base. When Overstock.com began welcoming bitcoin’s earlier this year, the online retailer earned over $1 million in bitcoin transactions alone, proving that bitcoin is a major player in how people want to use money.

GreenManGaming may have the same luck entering the digital payments realm.

Image via GreenManGaming