Monero becomes exclusive Cryptocurrency at Fortnite's Merch Store

The official merchandising shop for Fortnite, a popular video game, has begun to accept Monero (XMR) as its exclusive cryptocurrency, the company announced in a tweet on January 1, 2019.

Fortnite & # 39; s Merch Store accepts Monero exclusively

Row to detail, Fortnite's retail store, the world's most popular videogame, has started accepting cryptocurrency payments in Monero (privacy-focused) (XMR).

The rumors about Fortnite that accept payments in Monero began circulating on New Year's Day and were eventually confirmed by a member of the Monero Core Team. Riccardo Spagni, a South African citizen and first person in charge of the Monero project, went on Twitter to announce the news, defining the development "too beautiful".

Later in the day, Monero officially announced the news, tweeting:

"The Fortnite Merch official store now only accepts #Monero as a cryptocurrency payment option!"

According to the Retail Row website, Monero payments will be processed by GloBee, a cryptocurrency processing service that allows retailers to accept digital coins like bitcoin, litecoin, Ethereum, dogecoin, XRP and XMR.

Why Monero?

The choice of Retail Row to use Monero as an exclusive cryptocurrency option has been a surprise for many, as the currency is not even among the top ten currencies by market capitalization. Some members of the Crypto community have also pointed out that Monero is a favorite among the cryptoterrai, with some studies also pointing out that at least five percent of its current circulation came from damaging mining activities.

Malicious hackers are also known to Fortnite users steal bitcoins, which has led many users to question the company's decision to start accepting cryptocurrencies.

Spagni clarified some of the community's questions on Twitter, explaining that the company chose to accept Monero instead of Bitcoin because of this lack of privacy. "They do not have the desire to provide an alternative that is the most resistant to tampering, because it is not a concern," Spagni tweeted.

He also added that the store's supplier was "very interested" in Bitcoin Lightning network and that the Monero team was "pushing hard"To make them add as another means of payment.

Nevertheless, both the players and members of the crypto community were happy with the news, as the popularity of Fortnite could bring the much needed attention to digital coins. Thanks to the popularity of Fortnite, Epic Games, the company behind the game, has been evaluated over $ 15 billion in its last round of financing.