{"id":10479,"date":"2023-03-20T12:34:17","date_gmt":"2023-03-20T12:34:17","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=10479"},"modified":"2022-05-17T08:13:13","modified_gmt":"2022-05-17T08:13:13","slug":"what-is-lightnite-the-fortnite-of-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/what-is-lightnite-the-fortnite-of-cryptocurrencies","title":{"rendered":"What is Lightnite? The fortnite of cryptocurrencies"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-lightnite-the-fortnite-of-cryptocurrencies\/#history_of_lightnite\" >History of Lightnite<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-lightnite-the-fortnite-of-cryptocurrencies\/#how_does_lightnite_work\" >How does Lightnite work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-lightnite-the-fortnite-of-cryptocurrencies\/#balance_management_in_the_game\" >Balance management in the game<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-lightnite-the-fortnite-of-cryptocurrencies\/#gaming_economics\" >Gaming economics<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>If you are interested in the world of cryptocurrencies you may have heard about<strong>\u00a0Lightnite<\/strong>,\u00a0<strong>a game<\/strong>\u00a0like Fortnite but with\u00a0<strong>Bitcoins and Lightning Network.<\/strong>\u00a0This is a battle royale game just like Fornite. Lightnite includes instant micropayments with bitcoins through Lightning Network.<\/p>\n<p>&nbsp;<\/p>\n<p>If you are interested in how it works or just to learn, in this publication we will tell you all about this game and\u00a0<strong>how it works.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"history_of_lightnite\"><\/span><strong>History of Lightnite<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>This game was created by\u00a0<strong>Satoshi\u2019s Games<\/strong>. Its release took place at the celebration of the first major conference on Lightning Network, the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-the-lightning-network\/\">Lightning Network<\/a>\u00a0Conference (<strong>LNConf<\/strong>). This conference took place on<strong>\u00a0October 19 and 20, 2019.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The prominent Satoshi Games team introduced<strong>\u00a0Lightnite as the first battle royale style game<\/strong>\u00a0to feature\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bitcoin\/\">Bitcoin<\/a>\u00a0(BTC)\u00a0<strong>micropayment integration<\/strong>\u00a0through a network of channels and second layer nodes. All with the goal of\u00a0<strong>monetizing<\/strong>\u00a0the battle royale for those players who wish to do so.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Carlos Rold\u00e1n,\u00a0<\/b>co-creator of Satoshi\u2019s Games was the one who presented the game during his participation in the\u00a0<strong>LNConf<\/strong>. It is worth mentioning that not only the game was presented, but also a new game distribution platform called\u00a0<strong>Elixir<\/strong>, although all the attention was focused on\u00a0<strong>the launch of the new game.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Although the game started its development in 2019, its current release date is\u00a0<strong>November 1, 2021 at 00:00 UTC<\/strong>. It should be noted that, in order to be able to accelerate the development process, Satoshi\u2019s Game team has created a\u00a0<strong>crowdfunding<\/strong>\u00a0campaign where various\u00a0<strong>contribution packages<\/strong>\u00a0are included.<\/p>\n<p>&nbsp;<\/p>\n<p>The same users will be able to purchase\u00a0<strong>early access to Lightnite<\/strong>, as well as other items including\u00a0<strong>stickers, posters, t-shirts<\/strong>, and a\u00a0<strong>special<\/strong>\u00a0contributor package. This package includes, in addition to merchandising and access to the game, the power to decide on some aesthetic elements of the videogame\u2019s development. In order to have access to this package, each user who wishes to participate in this way must pay\u00a0<strong>1,000 dollars or more<\/strong>.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_10141814\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu%C3%A9-es-Lightnite1.jpeg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite1.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite1-300x205.jpeg 300w\" alt=\"Qu\u00e9-es-Lightnite\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite1.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite1-300x205.jpeg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite1.jpeg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_does_lightnite_work\"><\/span><strong>How does Lightnite work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>Roldan, the presenter of the game, through some statements revealed some\u00a0<strong>basic details<\/strong>\u00a0of its operation. One of the main features is that Lightnite will also use the concept of<strong>\u00a0scarcity<\/strong>, as in the Bitcoin currency.\u00a0<strong>The game will have an issuance limit of 21 million.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The game has a\u00a0<strong>store<\/strong>, as expected. In the Lightnite store the skins are\u00a0<strong>limited<\/strong>. We will be able to find hats, glasses, backpacks, and so on. However, all these items are limited per season. However, when a player uses his purchased\u00a0<strong>skins<\/strong>\u00a0and plays with them. At the end of the game\u00a0<strong>he will keep them<\/strong>\u00a0and will always be able to use them. Now, this is in the case that a player has purchased his skins as mentioned above. When the game has\u00a0<strong>Bitcoins<\/strong>\u00a0involved, the dynamic changes significantly.<\/p>\n<p>The game becomes more\u00a0<strong>competitive and \u201cattractive\u201d<\/strong>\u00a0so to speak. Players no longer keep their skins, since losing the game leaves them on\u00a0<strong>the game floor.<\/strong><\/p>\n<p>As expected, when a user\u00a0<strong>loot<\/strong>s another user and survives the entire game, he keeps the loot of the user who lost. The value of the loot is directly affected by the amount of these items. It can happen that no one picks them up and\u00a0<strong>survives<\/strong>. In this case a unit would disappear. In this facet of the game we can see reflected the concept of \u201c<strong>scarcity<\/strong>\u201c.<\/p>\n<p>&nbsp;<\/p>\n<p>With this method and ways of operating, the system helps to\u00a0<strong>increase the value<\/strong>\u00a0of the first items in the game, thus making in-game items symbolize a micro-payment opportunity and a more competitive environment for the so-called\u00a0<strong>precoiners.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>On the player side, Lightnite represents a multiplayer online\u00a0<strong>battle royale game<\/strong>. In this game, each specific digital interaction between players, no matter how minor, ends up triggering\u00a0<strong>a monetary reward or penalty<\/strong>. To better understand,\u00a0<strong>users earn bitcoin<\/strong>\u00a0<strong>when they shoot other players<\/strong>\u00a0and conversely, l<strong>ose bitcoin when they get shot.<\/strong>\u00a0In addition to the main form of payment, the developers of the video game added other<strong>\u00a0monetary incentives<\/strong>\u00a0with the aim of making the game more attractive. As a result, some of the game\u2019s elements cost\u00a0<strong>real bitcoins<\/strong>. These items can be taken just like in other Battle Royale games.<\/p>\n<p>&nbsp;<\/p>\n<p>Game users can\u00a0<strong>customize<\/strong>\u00a0their avatars through the purchase of in-game items by paying with\u00a0<strong>satoshis<\/strong>, through micro transactions from the player\u2019s wallet. It should be noted that the amount of bitcoin accumulated is\u00a0<strong>updated in real time<\/strong>. This means that if the player makes a successful shot, receives a shot, or collects objects, his\u00a0<strong>bitcoins<\/strong>\u00a0will be updated immediately.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>&nbsp;<\/p>\n<div id=\"image_2080702162\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu%C3%A9-es-Lightnite2.jpeg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite2.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite2-300x205.jpeg 300w\" alt=\"Qu\u00e9-es-Lightnite\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite2.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite2-300x205.jpeg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/Qu\u00e9-es-Lightnite2.jpeg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>&nbsp;<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"balance_management_in_the_game\"><\/span><strong>Balance management in the game<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>Regarding<strong>\u00a0balance<\/strong>\u00a0management in the game, any player can leave the game at any time and\u00a0<strong>instantly withdraw his balance<\/strong>\u00a0in his own wallet.<\/p>\n<p>&nbsp;<\/p>\n<p>On the other hand, this is a game where\u00a0<strong>any type of user<\/strong>\u00a0can participate, whether or not they have Bitcoins. In case a player does not want to use Bitcoins or does not have them, he\/she can play\u00a0<strong>Lightnite in a non-Bitcoin<\/strong>\u00a0way, that is to say, those users who do not use Bitcoins can participate in the game in the mode\u00a0<strong>without Bitcoin functions.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>This mode was created with the aim that users who do not want to use\u00a0<strong>BTC<\/strong>\u00a0will eventually be attracted by the enhanced\u00a0<strong>interactivity<\/strong>\u00a0through Bitcoin\u00a0<strong>integration<\/strong>\u00a0and start playing using this innovative technology.<\/p>\n<p>&nbsp;<\/p>\n<p>This whole mechanism is, in turn, a way to increase the mass adoption of Bitcoin.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"gaming_economics\"><\/span><strong>Gaming economics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>The game developers reported that in-game items vary in rarity from<strong>\u00a0Legendary<\/strong>\u00a0when there is only\u00a0<strong>1 unit in stock,<\/strong>\u00a0<strong>Rare when there are 100 units, Premium when there are 500 units<\/strong>\u00a0and Normal when the supply is<strong>\u00a0unlimited<\/strong>. These items include character masks, wearables, hoverboards and weapons.<\/p>\n<p>&nbsp;<\/p>\n<p>Players who want to can\u00a0<strong>pay<\/strong>\u00a0for their items, just like their in-game Bitcoins. This operation is similar to Fortnite, however, as mentioned above there is a mode where players can play\u00a0<strong>without risking any currency.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>When users participate in a game with legendary aspect or Bitcoins, they can\u00a0<strong>lose it<\/strong>, and if no one picks up the\u00a0<strong>lost<\/strong>\u00a0loot, the game will remove the items forever, just like when there is a loss of tokens and they are<strong>\u00a0burned<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>When loot is added to Liquid Network, the developers plan to enable a\u00a0<strong>secondary economy<\/strong>\u00a0outside the game where users will be able to carry out all normal operations such as<strong>\u00a0buying, selling and exchanging<\/strong>\u00a0their items with Bitcoin. This will require them to be able to verify the\u00a0<strong>authenticity<\/strong>\u00a0of their conquered items and at the same time be\u00a0<strong>interoperable<\/strong>\u00a0with other Bitcoin games in development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>If you are interested in the world of cryptocurrencies you may have heard about\u00a0Lightnite,\u00a0a game\u00a0like Fortnite but with\u00a0Bitcoins and Lightning Network.\u00a0This is a battle royale game just like Fornite. Lightnite includes instant micropayments with bitcoins through Lightning Network. &nbsp; If you are interested in how it works or just to learn, in this publication we [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-10479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=10479"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/7564"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=10479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=10479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=10479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}