Looking forward: How BSV takes online gaming to the next level
Entrepreneurs Joe DePinto and Dan Wagner created a unique use for microtransactions through Haste, an online gaming arcade with what they call Instant Leaderboard Payout or ILP games. The idea is that the best players in a game receive payments at all times on the small entry fees paid by the rest of the players. Everyone is trying to get to the top of the leaderboard where they will earn money instead of spending it.
Joe explains how he and Dan were inspired by the possibilities created by Bitcoin SV’s (BSV) micropayment capabilities: “It’s really easy to understand. You take a quarter, a dime, a dime, you play a simple game, and you split that money in hundreds of ways.
During this week’s CoinGeek conversations, Charles Miller and the two Los Angeles business partners discuss all the possible ways for a player, or even non-players, to make money with Haste.
And, as Dan explains, unlike traditional payment systems, using BSV allows players to receive payments in real time. “It doesn’t matter where you are anywhere in the world, if you’re in the leaderboard, your wallet is immediately, instantly, without the platform ever touching anything.”
Along with the game, there are now Haste tokens which, like a traditional arcade, can be traded. But instead of being rewarded with a stuffed animal and the like, they get the BSV. “Tokens do a good job of being a way to reward people just for playing without even making the leaderboard.”
Finally, in Haste, users can also create their own NFT player card, which in turn rewards the owner with a 10% discount every time they play. In addition, all players can also buy and trade cards.
Joe and Dan, who are also co-founders of a popular app called Barpay, a platform that allows customers to order and pay for their drinks at bars and restaurants, bring their previous business experience to Haste. Barpay has been successful in helping customers complete payment transactions at establishments, especially in crowded places. Over the past year, Dan said Barpay has seen sudden growth in demand. With the pandemic, he points out that more and more establishments wanted their customers to be able to access their menus online, a need that Barpay could meet.
“Before COVID, we were in dozens of restaurants with just one app you could use to order and pay for drinks during peak times. At this point, we have over 11,000 digital menu type accounts, several hundred order and payment accounts that allow people to scan a QR code to place and pay for an order.
Dan sees Bitcoin being used as a payment method on Barpay in the future. “We can take that [Bitcoin] to the rest of the market, by telling these owners, we just found out how to save you three percent on every transaction. This will be a game changer for these merchants. “
What’s next for Haste? Expect new features in the near future as two senior developers will be joining the team very soon.
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