Fold AR Has Players Explore to Mine for Bitcoin
Michael Hemsworth — November 23, 2021 — Tech
The Fold AR game within the Fold app is a cryptocurrency-focused pastime for players that will enable them to partake in an interactive experience that will reward them in digital currency. The game comes as something of a take on Pokémon GO but replaces the digital monsters with cryptocurrency that they must go around town collecting. The game will spawn a block between one and 50-feet away from the player every 10-minutes for theme to track down, which helps to actualize the process of Bitcoin mining.
The Fold AR game puts a focus on the play-to-earn model and is likely to be a hit amongst consumers who are just getting started out with cryptocurrency or who might already have extensive knowledge of the market.
The Fold AR game puts a focus on the play-to-earn model and is likely to be a hit amongst consumers who are just getting started out with cryptocurrency or who might already have extensive knowledge of the market.
Trend Themes
1. Cryptocurrency Gaming - Gaming apps integrating cryptocurrencies to gamify trading via gameplay.
2. Play-to-earn - Gamified earning models via crypto, proving users with incentives by completing specific challenges.
3. In-app Mining - Integrating blockchain enabling in-game mining for rewards, stimulating user engagement.
Industry Implications
1. Gaming Industry - Integrating cryptocurrencies to gamify trading or blockchain technology to incorporate mining in games to stimulate growth and user retention.
2. Cryptocurrency Industry - Creating new gaming experiences based on trading or mining as well as the use of cryptocurrency rewards to create customer loyalty and retention.
3. App Development Industry - Designing and developing games that incorporate blockchain technology, gamification, in-game mining and play-to-earn models in order to create new innovative customer engagement opportunities.
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