Crycash teams up with Crytek to create cryptocurrency for gamers

The excitement and hype around cryptocurrencies and blockchain has come to gaming. Startup Crycash and game publisher Crytek have teamed up to create a new currency for gamers that aims to bring the advantages of cryptocurrency to game purchases, advertising, and rewards.

Crycash is launching a new token sale, or initial coin offering, on December 12 for its Crycash currency. It will raise money from investors for its decentralized ecosystem of products for gamers that includes several different initiatives.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.