View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
September 30, 2016

Twitch creates virtual currency for Breakaway

The popular video game streaming site Twitch is introducing its own virtual currency.

By James Nunns

The popular video game streaming site Twitch is introducing its own virtual currency.

Called Stream+ it will be a loyalty points based system which will allow users to earn points by watching streams, Twitch owner Amazon Game Studios said.

One of the ways that the currency can be spent will be in polls and wagering and on items to use in games.

First to use the currency will be Breakaway, a multiplayer game from the studio.

Twitch was acquired by Amazon in 2014 for $970m as a way for it to develop its own games where the focus would be on being able to engage Twitch viewers.

The new currency has been displayed by the companies being used in-game where a player was able to bet on the outcome of a tournament in the Breakaway game, the prize being more Stream+ points.

While this is clearly one example of how the points will be used, the two companies have remained quite on any other use cases.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Players on Breakaway will be able to spend Stream+ points.

Players on Breakaway will be able to spend Stream+ points. Source: Amazon.

 

The topic of in-game gambling and trading has been under scrutiny by the UK’s Gambling Commission, which has been monitoring the use of virtual and in-game items.

Founded in 2011, Twitch is a social video platform and community for gamers that has amassed a community of over 100 million members.

These members are able to watch and talk about video games, broadcasts of esports competitions, creative content, and music broadcasts.

The introduction of the virtual currency is another example of the site broadening its portfolio. Music streams were added in 2015 and a “Creative” category was also added in order to showcase the creation of artistic and creative works.

Amazon and Twitch will be hoping that the introduction of the currency will help the Breakaway game to be a success as it looks to compete with rival studios such as Blizzard and Riot.

Topics in this article : , ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU