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Venezuelans Play RuneScape To Make Small Profit In Cryptocurrencies

Justin B. by Justin B.
January 13, 2019
in Crypto news
Reading Time: 4min read
Rate this post

Venezuelans, who are quite desperate due to its deteriorating economy, are not sparing anything that will come in the way of making a profit in cryptocurrencies though it might be small. This was evident when they have started to exploit any introductory sign-up deals that are offered by Amazon’s new streaming platform.

Offering Discount

The American online shopping firm is offering discounted sign-ups to online fantasy game through Twitch, a new platform. The key factor is that more than 300,000 or a third of the new accounts came from none other than Venezuela in the just-concluded quarter, express.co.uk reported. There was a flood of fresh accounts to make the most of the promotion offer with the help of either fraudulent or stolen credit cards.

An unnamed source told media that “they are either using legitimate accounts of other players have that they have then had the passwords hacked and broken into – or they are using questionable credit cards.” On its part, Amazon has not done any screening measures or engaged in proper checks to curb the mischievous use of cards. The American firm is yet to react to reports of allegations about not providing enough checks on new users.

Venezuelans visit internet cafes to play online fantasy games to make money (Image: GETTY)

Unusual Method

The methodology adopted by the Venezuelans indicated that they are desperate to overcome the deteriorating economic conditions in the country. The national hyperinflation has already reached unprecedented levels thus forcing the citizens to turn towards an unusual method to meet their ends. For this purpose, they are using video games though they are not worried about whether the profit is small or big.

The concept is called ‘gold farming’ where the citizens are engaged in the online gold farming fantasy game like RuneScape. In turn, Venezuelans would sell the digital coins to other game players in exchange of real money or bitcoin or any other virtual assets. That is mainly because the domestic currency, Bolivar, has become worthless. This enables the citizens to make a tiny profit per day, and the earnings suggested that they were better off than the salaried ones.

By the way, recently Twitch gamer was gifted over $70 USD worth of Bitcoin during the livestream while playing Old School RuneScape!

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Tags: AmazonBolivarcryptocurrenciesGameGamergamingPCPlayProfitRuneScapeTwitchVenezuelaVenezuelans

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Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

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  • Home
  • News
  • Analysis
  • Crypto
    • Tamadoge
    • Crypto Presales
  • Autotrading
    • BitVestment
    • BitProfit
    • Bit Index AI
    • Metaverse Profit
    • Today Profit
    • Quantum Code
    • Bitcode Prime
    • Bitprime Gold
    • Bitcoin Motion
    • Bitcoin Smarter
    • Bitcoin Robot Guide
    • Bitcoin Future
    • Bitcoin Millionaire Pro
    • Bitcoin Pro
    • BitiCodes
    • Bitcoin Loophole
    • Bitcoin Up
    • Bitcoin Storm
    • Bitcoin SuperSplit
    • Bitcoin Supreme
    • TeslaCoin
    • Bitcoin System
    • Bitcoin Fortress
    • Immediate Edge
    • Bitcoin Profit
    • Bitcoin Trader
    • Bitcoin Bank
    • Bitcoin Union
    • BitQT
    • Profit Compass
    • Bitcoin Champion
    • Bitcoin Optimizer
    • NFT Profit
    • Bitcoin Decoder
    • PBN Invest
    • Quantum AI
    • Celebrities
      • Teeka Tiwari Investment plan
      • Kate Winslet Bitcoin
      • Holly Willoughby Bitcoin
      • Ant McPartlin Bitcoin
      • Nicole Kidman Bitcoin
      • James McAvoy Bitcoin
      • Jim Davidson Bitcoin
      • Peter Lim Bitcoin
      • Jonathan Ross Bitcoin
      • Bear Grylls Bitcoin
      • Phillip Schofield Bitcoin
      • Mike Hosking Bitcoin
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  • Disclaimer
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Copyright © 2017-2019 Cryptovibes.com. Price data provided by our official partner CoinGecko.

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