While the adoption rate in live streaming is exponentially growing, such rates have not been reflected on crypto payments. Unsurprisingly, these are also the group of people that are heavily invested in Twitch – gaming, and music live streaming. Over 83% of adults aged 18 to 24-year-olds accepted crypto will be a part of the future payments while 71% of Millennials age 25 to 34 are also interested in the future of tokens. According to a research study by KPMG, millennials, and generation Z are the most accepting age group on the future of cryptocurrency payments. The world of crypto payment has long been untapped especially by gaming and streaming services across the globe despite the large potential lying in the new technology. and Crypto connections Image: CoinStaker A clear pattern (explained below) is forming between the live streaming service and cryptocurrencies in a bid to replace fiat payment options. As one of the fastest moving markets in the streaming world, Twitch offers a sublime opportunity for the adoption of cryptocurrency payments. Recently, there has been an uptake of “in real life” streams featuring top worldwide stars.Īccording to Statista, has over 15 million daily active streamers, as of June 2020. Since its launch in June 2011, has grown into the largest live streaming platform offering diverse use cases including broadcasts of e-sports competitions, live music broadcasts, and other creative content. is a live streaming service controlled by Twitch Interactive, a subsidiary of Amazon Inc. However, interest in crypto is steadily growing across the gaming generation (Millennials and Generation Z) as developers create solutions that make accepting donations and cashing out crypto easier. Over the years, fiat donation options such as PayPal and Skrill have dominated streaming sites, as content creators ignored newer payment options such as crypto. Donations make up for the larger part of the gamers’ revenue on these streaming platforms. One of the most popular ways of monetizing content is by accepting viewers’ donations on your channel. The word is embracing gaming and e-sports as a fulling and well-paying career as streaming platforms such as, D.Live, and Mixer provide ways to monetize content.
The article explains how to accept crypto donations such as Bitcoin on your Twitch using a donation button by NOWPayments. Tired of using PayPal and Bank account donation options on ? Do you want to receive crypto donations on your channel for a change? If so, this article is for you.
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