Cryptocurrencies have exploded across the world over the past year and a half. Now the mainstream public is aware of terms such as bitcoin and blockchain technology. While they might not necessarily understand too much about them, the awareness is growing.
This was largely fueled by the massive increases in the market prices for the major cryptocurrencies such as bitcoin last year. This made headlines as people were becoming millionaires in the space of days and weeks.
While the crypto markets have been in bit of a freefall in 2018 to date, there are many promising crypto projects that continue unhindered. One of those is a new crypto shop that is set to open up in London to raise awareness.
What are the details about this crypto shop?
While there is a café in Ireland that only accepts cryptocurrency, there are not too many shops that are known which are completely based on cryptocurrency.
It is Reality Gaming Group, a mobile game developer that is organising this event in London which will see the opening of a shop in which items can only be purchased through the use of cryptocurrency.
This shop will be open from the 10th until the 14th of September in the Soho area of London. As part of this event, there will be a variety of different masterclasses related to blockchain and cryptocurrencies. There will be education classes, talking about how people can buy or sell crypto and safely store their private keys etc.
This event is going to be broadcast by Soho Radio as well as discussing how blockchain technology can be utilised when it comes to the music and video game industries.
Certain ICOs will also be giving out free tokens as part of this event. It was last year that they had held their own ICO and managed to raise about $2.6 million as a result of their efforts.
This was for one of their games to be developed, called Reality Clash which is a first person shooter title that is on mobile. It utilises augmented reality in order for players to meet up in physical locations and battle it out.
Those people who took part in the ICO are able to spend their tokens making in-app purchases. These RCC Gold tokens will be used when trading weapons, participating in tournaments among other things and they are currently listed at the BlockExMarkets exchange.