Crypto is transforming many industries. But, when will it be integrated into game shows? And, how is the game show landscape already evolving? Let’s take a look.
New Ways to Play Classic Game Shows
Classic game shows are already evolving, due to technological developments and adapting to consumer interests. Take the show Deal or No Deal, for example. The format of this show has been around since the year 2000, introduced by the German show Die Chance deines Lebens and Dutch show Miljoenenjacht. The game show then came to US and UK TVs in 2005.
In the UK, Deal or No Deal became incredibly popular in both its 2005-2013 and its revival from 2023. But, playing the game show itself is not the only way it can be enjoyed in the UK. The show has even been transformed into online casino games like Deal or No Deal Lightning Spins. The game uses recognizable icons from the show like the banker’s wax stamp, telephone, and red boxes for an authentic virtual experience. These games are accessed through online platforms for immersive and engaging virtual experiences.
Elsewhere, Deal or No Deal is also seeing a revival in the US thanks to a reboot that transformed the way that the game can be played. Launched in 2024, this show has just aired its second season, combining elements of the classic game show with elements of reality TV shows like Survivor. In Deal or No Deal Island survivor compete in physical challenges to find briefcases with associated cash values. The contestants then play a Bankers Challenge (aka your classic Deal or No Deal). This reality show twist, along with using technology to create immersive virtual games, has allowed Deal or No Deal to adapt to consumer demands and remain relevant in the modern entertainment landscape.
Cryto X Game Shows
As the ways to play classic game shows are already evolving, it is only logical that people have begun to question how and when crypto might be incorporated into these game shows. In one sense, crypto is already making waves in the industry with the creation of crypto-fuelled versions of competitions from shows like Squid Game and Survivor.
Just last year, for example, there was a Survivor-style competition that incorporated elements of real-world scavenger hunts, online gameplay, and strategy. Players use 0.1 ETH to join a tribe, and had to scour Brooklyn for secret codes and compete in online games to kick people off their crypto island. The aim of this was to show that people don’t have to watch competition shows – they can participate in it through the internet with the help of crypto.
Of course, another way that crypto might be utilized in games shows is in the transfer of the winning jackpot. One of the key benefits of crypto is cheaper and faster money transfers, which can often be made 24/7. This could improve the efficiency of winning contestants getting their prize. The tokenized winnings could also gain value depending on market conditions, which could significantly affect the end prize pot.
That said, there are still some negatives to crypto that keep it from being a mainstream wallet essential. However, we’ll just have to wait and see how crypto might affect the game show landscape.