Wanna buy that sweet Durr Burger Onesie? Break out your crypto wallet, then …
The official merchandise store of wildly popular shooter, Fortnite, has begun to accept cryptocurrency payments – but only in Monero, for now.
According to Mond's official Twitter account, players of Epic Games' free-to-play, micro-purchase driven game can now get their tie-in fix using the privacy coin, which is the first cryptocurrency supported by its busy online store, known as Retail Row
The official Fortnite Merch Store is now exclusively accepting #Monero as a cryptocurrency payment option! https://t.co/NWmHhzE6Kg
& Mdash; Monero || #xmr (@monero) January 1, 2019
The Monero payment option is now offered alongside Credit / Debit Card, PayPal and Google Payments at the end of transactions, and is facilitated by the GloBee cryptocurrency payments service – which settles payments with traders instantaneously in order to eliminate price fluctuation problems for stores using en. It charges to 1% fee to traders for every transaction it processes.
While GloBee can process Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP and Dogecoin (DOGE) for its users, it appears that Fortnite's team has plumped for Monero as the first option. Monero's lead dev Riccardo Spagni said that 's two to the Epic Games team' s concerns regarding privacy – but implied that he has been working with Epic on the integration, and pushing for other crypto option to be added as well.
Too cool: the Fortnite merch store (https://t.co/KNL4IFCFHk) lets you pay in Monero, so you can buy that sweet Durrr Burger without your friends / family / coworkers judging you. https://t.co/XYs1NjGvGp
– Riccardo Spagni (@fluffypony) January 1, 2019
The store provider is very interested in LN, and we're pushing hard to get the list. Right now they've only enabled Monero, even though they have a number of options (including bech32-enabled Bitcoin).
– Riccardo Spagni (@fluffypony) January 1, 2019
Currently, the crypto can be used to purchase Fortune-related merchandise such as T-Shirts, and a pretty fetching Durr Burger Onesie. It is not possible to use the game as an alternative to the currency of the currency, known as V-bucks.
Despite this rather peripheral roll-out, the news has appeared to drive a positive price move for Monero. However, while it is ranked as the 13th coin by size of market capitalization according to CryptoCompare with a circulating value of $ 830m, it only ranks as the 31st coin by 24hr trading volume on the data site's charts with just $ 6m-worth changing hands (compared to ZCash's $ 90m +, Litecoin's 24hr vol of $ 175m, and the $ 1bn of Bitcoin traded).
It was a 6% + lift in that period, though. It is now worth just under $ 50 for coin following gains that mark as the biggest mover among 35 of the most traded coins over the last 24hrs, and 9th of all coins tracked by CryptoCompare. It has the third biggest 24hr trading volume among the Top 10 biggest price gainers over the last day.