Cryptocurrency has the potential to disrupt many industries, and a startup called GameCredits hopes to use it to disrupt the mobile app store duopoly of Apple and Google. Its motto is “In games we trust.”
GameCredits is creating a blockchain-based app store that will be an alternative place where mobile game developers can sell their games. Users will be able to make purchases in the games using the company’s own digital blockchain currency, dubbed GameCredits, and GameCredits will give 90 percent of the proceeds to developers, rather than just the 70 percent that Apple and Google share from their app store sales. GameCredits hopes to remove the centralized institutions in the app business.
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