Zynga Inc (NASDAQ:ZNGA) Plays Bitcoin

Benjamin Roussey - February 11, 2014

Boston, MA 02/11/2014 (wallstreetpr) – Zynga Inc (NASDAQ:ZNGA) the master platform for social gaming across the US and the most Asian Countries, has once again become a game-changer. Unlike the hugely successful games it offers subscribers, Zynga has gone the virtual currency way and chosen to accept Bitcoins as payment

Zynga Inc (NASDAQ:ZNGA) as one of the largest social gaming developers in the world has been in testing phase since January of this year, for the use of bitcoins. The company has, in limited ways been allowing in-game purchases of some of the listed games it offers via the virtual currency. Thus far, the service provider Zynga has been using for the virtual payment currency is BitPay. The games which have been allowed for the bitcoin test are – Farmville2, CastleVille, ChefVille as well as CoaserVille.

Bitocoins not part of Zynga Poker

However, Zynga Inc (NASDAQ:ZNGA) has carefully avoided including its every popular casino related gaming titles such as Zynga Poker to the virtual currency onslaught.

Zynga Inc (NASDAQ:ZNGA) may well augur good for the Bitcoin revolution, if the process were to click. Already at $800 million per year, the opportunity is massive for bitcoin enthusiasts as well as the social gaming enthusiasts to pick up the virtual currency trends quickly.

Virtual Currency could receive backing, if Zynga’s experiment were to click

If the process were to work both for Zynga Inc (NASDAQ:ZNGA) and game buyers, the day would not be too far before all of the games on this popular game developing list are not bought using the Bitcoin digital currency.

Bitcoin, which is an open source currency, the printing designs of which are available for all to access online has caught the attention of millions around the world! However, many countries are known to have banned the use of such currencies outside of gaming parlours!

Benjamin Roussey

Benjamin Roussey is from Sacramento, California. He has two master’s degrees and served four years in the U.S. Navy. His bachelor’s degree is from CSUS (1999) where he was on a baseball pitching scholarship. His second master’s degree is an MBA in Global Management from the University of Phoenix (2006). He has worked for small businesses, public agencies, and large corporations. He has lived in Korea and Saudi Arabia where he was an ESL instructor. Benjamin spends his time in between Northern California and Cabo San Lucas, Mexico, committing himself to his craft of freelance and website writing. http://www.facebook.com/ben.rouss

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