PiP World is expanding its financial literacy ecosystem with the launch of its Telegram-based game Gold Rush, following its recent acquisition of the Roblox stock simulator StockRise.
PiP World is expanding its financial literacy ecosystem with the launch of its Telegram-based game Gold Rush, following its recent acquisition of the Roblox stock simulator StockRise. Read More Blockchain Games and Play-to-Earn
On September 19, 2024, PiP World, a Dubai-based web3 gaming firm, launched Gold Rush, a tap to earn game on Telegram. This comes shortly after the company’s acquisition of the Roblox stock-trading game StockRise in August. The long-term objective of these moves is to attract players from both Roblox and Telegram to PiP World’s forthcoming mobile title, PiP Trader, a blockchain based game focused on financial literacy.
How Gold Rush Works
In Gold Rush, players begin as interns, tapping their screens to earn in game coins as they advance to hedge fund manager status. This tap to earn mechanism simulates trading activities, allowing players to invest in virtual currencies such as Bitcoin, Solana, and Dogecoin. Players’ performance on a global leaderboard will determine their share in a future token airdrop.
What sets Gold Rush apart is its “skill based” airdrop. Players don’t just receive rewards based on participation but also on their strategic performance, simulating real-world crypto investments without any financial risk. This educational twist aligns with PiP World’s broader mission to teach crypto trading through engaging games.
Expanding Financial Literacy Through Gaming
PiP World’s acquisition of StockRise on Roblox adds to its growing ecosystem of educational games. StockRise, which has garnered over 7 million unique visits, is a stock-trading simulator aimed at teaching young players financial literacy. The game allows users to engage in simulated stock trading within a virtual world, offering an engaging way to learn about financial markets. PiP World intends to eventually incentivize StockRise players to try Gold Rush on Telegram and its upcoming mobile game, PiP Trader.
During an interview with Decrypt, CEO Saad Naja shared that the company’s vision is to build a comprehensive ecosystem that educates users across different platforms, bridging Roblox and Telegram users toward blockchain based games. This effort reflects PiP World’s dedication to creating engaging educational experiences within the web3 space.
Features and Benefits of Gold Rush
Gold Rush offers a simplified crypto trading simulator, providing players with educational content while they participate in a fun and engaging game. In addition to the skill-based airdrop, PiP World plans to introduce a “FlashDrop” feature shortly after the beta release. In FlashDrop, players can complete daily tasks to compete for rewards in USDT or TON from a prize pool of over $100,000. This adds a new dimension to the game, allowing players to earn real-world rewards alongside virtual gameplay.
Players will also be able to upgrade their virtual trading offices in Gold Rush. By improving their offices, they can increase their in-game earnings and unlock new opportunities for advancement. This feature provides a sense of progression, motivating players to continue participating and learning.
Connection Between Telegram and Roblox Games
By acquiring StockRise and launching Gold Rush on Telegram, PiP World is tapping into two of the largest gaming communities: Roblox and Telegram. While StockRise focuses on stock trading, Gold Rush brings the same financial literacy concept to cryptocurrency. The company hopes to encourage crossover between these two platforms, with StockRise players moving to the blockchain based Gold Rush and PiP Trader in the future.
The Telegram based game has the potential to attract a large user base, similar to other popular Telegram games like Hamster Kombat, which reportedly has over 300 million users. However, the company’s primary focus is on education, ensuring that players learn about crypto trading through real-world simulations.
Gold Rush serves as a companion game to the upcoming PiP Trader, a mobile game set for release later this year. PiP Trader will be PiP World’s flagship product, building on the lessons learned from both StockRise and Gold Rush to provide an expansive financial literacy platform. Through PiP Trader, players will be able to engage in more in-depth trading simulations while benefiting from the knowledge gained in Gold Rush.
Future Developments
The company has yet to confirm when the PiPS token generation event (TGE) will take place, but PiP World anticipates the airdrop will happen by the end of October. PiP World is still evaluating which blockchain to use for its tokens, with CEO Saad Naja stating that they are exploring various options and discussing potential grants and collaborations.
Gold Rush is expected to continue expanding its user base, potentially following in the footsteps of other Telegram-based games like Notcoin and Catizen, which have gained traction in the web3 gaming ecosystem.
As PiP World continues to develop its games, the company is positioning itself as a leader in the intersection of gaming and financial literacy. By gamifying the learning process, PiP World is giving players the tools to understand complex financial concepts in a fun and engaging way.