Players of the game “Counter Strike” are well aware with the concept of virtual skins. There is reportedly, a $2.5 million gambling business revolving around these harmless virtual skins. Counter-Strike is one of the most popular online multiplaying game where players participate as a team of
counter-terrorists or terrorists. A year ago, in 2015, the developers of Counter-Strike released virtual skins for game weapons, which changed the whole gaming idea of that specific platform altogether.
The New Online Currency
New gaming platforms allowed users to be able to buy Counter-Strike items with real money. The rarer the weapon skin is; the more money you have to chip in for securing it. For example, a holographic Dragon skin is currently priced at $1,300. There are users earning a profit of more than $12,000 a day by selling these virtual skins. With the skins becoming an important item of trade, they have almost become a new virtual currency.
Downside of Virtual Skin Sales
One of the biggest issues with this online currency system is the sense of security. Users are not aware who the person behind a skin seller would be. For this reason, many users are getting scammed by paying a lot of money, or scamming the sellers by not paying anything at all. The virtual skin industry has almost turned into a mini-gambling industry with everyone trying to get more cash out of the other. All in all, there are advantages as well as disadvantages to this new method of gaming currency. The designs offered for these weapons as skins are amazing. With oriented patterns, rarity and aesthetic designs, these skins are in demand by tens of thousands of gamers worldwide. However, care must be taken by the authorities to ensure a successful exchange of these weapon skins. With the reduction in the number of scammers, these skins might become a new online currency which may pave the way for more versions to come.