3 Gaming industry cryptocurrencies to buy for 2020

Everyone is trying to find out which cryptocurrencies to target absolutely for 2020 and beyond. In what follows, I will present to you 3 crypto currencies of the gaming industry to target absolutely and more importantly, why I particularly believe in these 3 Altcoins.

Booming gaming industry

Blockchain is a revolution that will impact many sectors in the years to come. However, some sectors will be impacted before others. Among the sectors that will be strongly impacted by mass adoption is the gaming industry.

Gamers are used to spending a lot of time online while playing. In most of the games they play, they have gotten into the habit of buying whatever virtual items they may be. The idea of a tokenization of the economy seems natural to them. In addition, they are curious by nature which will lead them to test the cryptocurrency projects integrating into their gaming universe.

Cryptocurrencies targeting the gaming industry therefore have great potential since they are located in a fast-growing market that already weighs more than $ 150 billion in revenue in 2019 worldwide and which could exceed $ 180 billion by 2021 according to some studies.

By comparison, the film industry will reach just $ 50 billion in revenue in 2021 while the music industry is expected to reach $ 22 billion in revenue. Reading these forecasts, it is clear why the gaming industry represents a sector full of promise for the future of cryptocurrencies.

The crypto currencies of the gaming industry are therefore to be targeted in particular for 2020 and after. Among these, I see three even more promising than the others:

1. Enjin Coin - ENJ

Behind Enjin Coin is the company Enjin, which is the largest online gaming community. Enjin offers a flexible and free platform for creating, integrating and scaling tokens that can be used as assets in games.

The team behind the Enjin Coin project has created smart contracts allowing game developers to make their items exchangeable. Many games are already based on Enjin Coin technology: Forest Knight, Bitcoin Hodler, War of Crypto, Age of Rust or even 9 Lives Arena.

Even better, cryptocurrency Enjin Coin has partnered with the world's leading smartphone maker Samsung (KS: 005930 ). This partnership aims to distribute the Enjin Coin wallet directly on the Galaxy S10 / S10 + smartphones from the South Korean giant.

At the beginning of the summer, Samsung announced that it had already sold more than 16 million units of these smartphones. These figures should continue to grow to reach at least 20 million units sold, which will make the Enjin Coin wallet available very significantly.

This partnership should allow Enjin Coin to become the most used cryptocurrency in the gaming industry. Enough to allow the project to permanently solidify its position in the Top 100 of the most capitalized crypto currencies and to reach at least the Top 50 during the year 2020.

2. Theta Token - THETA

With its cryptocurrency project, Theta Token aims to disrupt the online video industry in the same way as YouTube did compared to traditional video in 2005. Concretely, Theta Token wants to become the leading video platform on the Blockchain by providing a decentralized streaming mode with a bandwidth consumption sharing model based on its THETA token.

This model should allow all streamers to find their account whether they are located in countries where the Internet connection is cheap and of high quality or in countries where this Internet connection is very expensive and of poor quality.

In the video game industry, we have seen that influencers are increasingly using streaming platforms to interact with their audiences. In this context, Theta Token offers a solution of choice in the gaming industry.

SliverTV, the main broadcasting platform of the Theta Token project, already has more than 1 million users while showing strong growth which encourages optimism. THETA is at the gates of the Top 50 of the most valued cryptocurrencies currently and will clearly target the Top 30 during the year 2020.

3. DreamTeam Token - DREAM

Last crypto currency on which to bet for 2020 and after, DreamTeam Token constitutes a bet a little larger than Enjin Coin and Theta Token since its token DREAM only arrives in 897th position in the Top of the most valued crypto currencies.

The DreamTeam Token project is an infrastructure platform and payment gateway for e-sport and gaming. This cryptocurrency is therefore clearly positioned in a very promising sector since e-sport is set to take on even more importance in the years to come.

At the head of DreamTeam Token, we find Alexander Kokhanovskyy who is very well known in the e-sports industry with more than 20 years of experience behind him. What reassures about the seriousness of the project.

There are many cases of use of DREAM ranging from payment in tokens as part of a subscription model to that of the purchase of assets piecemeal on the DreamTeam Token platform. In addition, the payment of fees in connection with the implementation of smart contracts for the performance of specific services is possible. Finally, the platform can be used for everything related to gamification and rewards.

The platform is still unknown but the fundamentals are solid and we will have to reckon with them in 2020 and after.

Conclusion

The growth of the gaming industry will continue to accelerate in the coming years. It's a certainty. The cryptocurrencies that have positioned themselves in this industry will experience a big boom in the coming years as well. Indeed, gamers will find a strong interest in the use of these crypto currencies to simplify their games of video games. The increasing number of players led to adopt them will necessarily increase the price of their tokens.