Bling, the crypto gaming company of the United States, has reported an increasing number of people using its products since they entered various stages of lockdown in response to the COVID-19 pandemic.
#Crypto Gaming Seems to Be Exploding During COVID-19https://t.co/AgLsJsBcaohttps://t.co/6tUCKqnfYU — John Morgan (@johnmorganFL) April 21, 2020
It has been reported that Bling’s user statistics are up almost 50% over the month of March, as the platform is reaching 70,000 users per day, and over 400,000 active users per month. Bitcoin Blast, Bling’s flagship app, has passed one million downloads from Google Play Store.
However, Amy Wan, the CEO of Bling, said that she chalks these statistics up to people being stuck at home “and bored.” Not only are there more users than before, but people are spending more time on their apps. And, most of these users are located in the United States, the Philippines, Indonesia, and Brazil.
Wan also said that this trend has been taking place for mobile gaming in general, as most companies in this space are seeing more downloads and increased activity amid the quarantine requirements around the world.
She added:
“We think that this may be an opportunity for many folks who previously heard of Bitcoin but never got around to learning much about it to take that time to learn and collect some Bitcoin. Whereas many crypto companies focus on selling Bitcoin, our unique proposition is that we give it away for free through gameplay.”
Also, she said that the current situation is both “a blessing and a curse.”
It has been analyzed that Bling is seeing more users spend more time in its apps. But the company’s ad revenue has also gone down. Thus, some advertisers are pulling their ad spend due to economic uncertainty.
Source: Cointelegraph | Image: Pixabay