Big Fish Games to Accept Bitcoin On Its 3000 Titles

Big Fish Games to Accept Bitcoin On Its 3000 Titles

The Telegraph reports today that Big Fish Games, who produce games such as Big Fish Casino and Room of Memory, will allow users to buy new games in Bitcoin, as well as shortcuts that allow them to get ahead or play for longer.

Although smaller than FarmVille giant, Zynga, the company serves over 1.5 million downloads per day, and plans to roll out Bitcoin purchasing across its entire portfolio of around 3000 games.

“This is not a test,” said Paul Thelen, chief executive and founder of the gaming company. “We are excited to offer this new payment method to the nearly 105m annual game players that visit our game app store, with the reassurance that Big Fish is working with Coinbase, one of the most secure and reputable companies in the bitcoin industry.”

The news has further buoyed the price of Bitcoin, which is recovering after the news that one of the best known Bitcoin exchanges, Mt Gox, had filed for bankruptcy.

Despite the Mt Gox setback, businesses are increasingly recognising the added value that accepting crypto-currencies like Bitcoin can bring.

Overstock.com, which started taking Bitcoin around 2 months ago, said last week that customers have bought more than $1m of goods using bitcoins so far.

Comments

  1. Thelen said that about 8 percent of Big Fish s gross revenue goes to transaction fees. With Bitcoin, there is no fee for the first $1 million in transactions, and the fees after that are less than 1 percent, Thelen said.

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