As a seasoned crypto investor with a keen interest in both finance and gaming, this latest news about PiP World has piqued my curiosity. I’ve seen many attempts at combining education and entertainment, but none have quite captured the essence of both like PiP World seems to be aiming for.
In simpler terms, the innovative blockchain-based gaming company, PiP World, has managed to garner $10 million in initial investment from the worldwide financial technology firm, Exinity, which is headquartered in the United Arab Emirates.
As per a press release sent to Coinspeaker, PiP World intends to employ the raised funds to develop a unique platform, often referred to as ‘the Duolingo for Crypto.’ This novel platform will blend enjoyable gameplay with tailored learning experiences, ultimately equipping users with comprehensive understanding of cryptocurrencies and financial markets.
Infusing Gameplay to Financial Education
Instead of relying solely on conventional study apps, this new platform from the company aims to integrate engaging game-like features, making the learning experience more lively and fun.
Currently, PiP World manages a vast gaming platform, encompassing diverse games like PiP Trader, PiP World’s Gold Rush, PiP Academy, and StockRise.
1) PiP Trader is an advanced strategy game where players construct and oversee trading portfolios, mimicking real-life financial rivalries. The subsequent game, PiP World’s Gold Rush, is a tap-to-win game accessible on Telegram, providing users opportunities to garner rewards via easy gameplay.
Regarding PiP Academy, the game simplifies difficult financial ideas by using fun, interactive gameplay. In contrast, StockRise offers a virtual stock market experience within the Roblox platform, allowing players to immerse themselves in stock trading activities.
Supported by Exinity, PiP World intends to incorporate these games into their forthcoming ‘Duolingo-like crypto learning platform’. This move aims to equip users with essential tools for proficiently navigating today’s financial markets.
Global Expansion Plans
The funds will also aid in growing PiP World’s business by entering crucial markets, specifically regions that still have restricted access to financial resources and know-how.
As per the company’s statement, this action aligns with their strategic goal of making financial literacy accessible for all, equipping users with the knowledge essential for thriving in the current economic landscape.
Saad Naja, PiP World’s CEO, expressed his excitement about collaborating with Exinity in their mission to revolutionize the way people grasp financial market concepts. This collaboration will provide us with the resources needed to broaden our services on a global scale, particularly focusing on underdeveloped markets where financial knowledge is scarce.
PiP World Team at Exinity’s Dubai Offices. Photo: PiP World
PiPe World Partners Exinity
Beyond obtaining financing, PiP World has also established a strategic alliance with Exinity. This alliance involves PiP World incorporating its StockRise game within Exinity’s system, thus merging gaming and financial learning experiences in a smooth, harmonious way.
The company announced that the partnership coincides with the Middle East welcoming Web3 gaming onto its coasts. As per reports, this region is embracing Web3 gaming.
PiP World, along with several key cities in the area such as Dubai, aims to become a world-class center for the gaming industry. By 2025, it is predicted that the city will draw in as many as 100 million gamers and foster a market worth more than $1 billion.
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2024-10-10 11:04