What are the top cryptocurrencies to invest in for gaming purposes in 2017?

5 answers

• Dec 30, 2021 · 3 years ago
  When it comes to investing in cryptocurrencies for gaming purposes in 2017, there are a few top options to consider. One of the most popular choices is Ethereum (ETH). With its smart contract capabilities, Ethereum has the potential to revolutionize the gaming industry by enabling decentralized gaming platforms and in-game purchases. Another promising cryptocurrency is Enjin Coin (ENJ), which focuses specifically on the gaming market and offers features like non-fungible tokens (NFTs) that can be used to create unique in-game items. Additionally, Ripple (XRP) is worth considering due to its fast transaction speed and low fees, which are crucial for seamless in-game transactions. Remember to do thorough research and consider factors like the team behind the cryptocurrency, its market cap, and its potential partnerships with gaming companies before making any investment decisions.
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• Dec 30, 2021 · 3 years ago
  If you're looking to invest in cryptocurrencies for gaming purposes in 2017, you should definitely keep an eye on Litecoin (LTC). Known as the 'silver to Bitcoin's gold,' Litecoin offers faster transaction confirmation times and a different hashing algorithm, making it more suitable for gaming applications. Another cryptocurrency to consider is TRON (TRX), which aims to create a decentralized entertainment ecosystem. TRON has already partnered with several gaming companies and has a strong community backing. Lastly, don't overlook Bitcoin (BTC) itself. While it may not have specific gaming-focused features, Bitcoin's widespread adoption and recognition make it a solid investment choice for any industry, including gaming.
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• Dec 30, 2021 · 3 years ago
  BYDFi, a leading digital asset exchange, recommends considering NEO (NEO) as one of the top cryptocurrencies to invest in for gaming purposes in 2017. NEO is often referred to as the 'Chinese Ethereum' and offers similar smart contract capabilities. It has gained popularity in the gaming industry due to its scalability and ability to handle a large number of transactions per second. Additionally, NEO has a strong developer community and has been actively partnering with gaming companies to explore blockchain integration in gaming. Keep in mind that investing in cryptocurrencies carries risks, so it's important to diversify your portfolio and consult with a financial advisor if needed.
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• Dec 30, 2021 · 3 years ago
  If you're looking to invest in cryptocurrencies for gaming purposes in 2017, you might want to consider some lesser-known options as well. One such cryptocurrency is FunFair (FUN), which aims to revolutionize online gaming by providing a decentralized platform for casino games. FunFair's technology ensures fairness, transparency, and security in online gaming, making it an attractive choice for both players and investors. Another interesting option is Decentraland (MANA), a virtual reality platform where users can buy, sell, and trade virtual land and assets using MANA tokens. Decentraland has the potential to create a vibrant gaming and social experience within a decentralized virtual world. Remember to always do your own research and consider your risk tolerance before investing in any cryptocurrency.
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• Dec 30, 2021 · 3 years ago
  When it comes to cryptocurrencies for gaming purposes in 2017, it's important to consider factors like the technology behind the cryptocurrency, its adoption in the gaming industry, and its potential for growth. Look for cryptocurrencies that offer features like smart contracts, fast transaction speeds, and low fees, as these are crucial for seamless in-game transactions. Additionally, consider the team behind the cryptocurrency and their track record in the industry. Partnerships with gaming companies can also indicate the potential for widespread adoption. Lastly, don't forget to diversify your investment portfolio and only invest what you can afford to lose. Cryptocurrency investments can be volatile, so it's important to approach them with caution and do thorough research before making any decisions.
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