September 20, 2017

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A Gaming Currency Brought by Dota 2


A Gaming Currency Brought by Dota 2

Dota 2

Dota 2 is an insanely popular video game. It appears like almost every teenager spends multiple hours every week fighting the wizards, warriors, and magical creatures in a virtual world of Dota 2. Moreover, they are spending not only time but also money in order to enter those battles in style. Skins are the in-game items that let players improve their character’s looks and stand out among others. Sometimes the skin is a pretty expensive acquisition, but let’s start from the beginning to understand the whole concept behind it.

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Skins with a style

Dota 2 is a free-to-play multiplayer online battle arena with more than 12 million unique monthly players. It’s a game of action and strategy where two teams of five heroes (players) control their separate base on the map. Each player controls one character. In total there are 113 heroes to pick from. They are sorted into categories due to their individual abilities like speed, strength, and wisdom. Dota 2 was released in July 2013 by Valve Corporation and became a valuable component of the competitive gaming scene. Actually, it has the biggest prize pool in the eSport – the sixth International in 2016 had a prize pool topping 20 000 000 dollars. This game is strongly associated with money, so it’s no surprise that shortly the cosmetic in-game items called skins were introduced. They enhance the graphical exterior of the hero and do not affect mechanics or gameplay in any way. Prices for skins vary from a couple of cents to hundreds of dollars. The skins are earned in the game for battling and reaching levels or can be bought at the Steam market. The Steam platform, which is a number one seller of digital game copies, also belongs to Valve Corporation. Steam Market sells skins and lets users trade with each other, but takes an 11,5% fee from every deal.

Dota items for trading

By the way, the money received from Dota 2 skin trading can’t be cashed out from your Steam account. You can only buy something else instead. But there is a way to get real cash. A whole industry of online gambling where skins substitute money exists in the web. Users buy and sell Dota 2 items, and use them to pay for poker and other casino games. Services like skins.cash provide a less risky way to get some bills. They buy out skins from the players for a slightly lower price but offer different currencies and withdrawal methods, including Bitcoins.

The popularity of Dota 2 indicates that in the nearest future eSport will be considered equal to the regular sports. And all the betting on it will be done using skins. The first example is the 2022 Asian Games, where competitive gaming will be one of the official disciplines.

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