OKX launches OKX Racer Game for Bitcoin Price Movements amid Telegram Mini App Boom
One of the biggest cryptocurrency exchanges by trading volume, OKX, has released a free-to-play Telegram mini-app game called OKX Racer that challenges users 'to predict bitcoin's price movements every five seconds. The cryptocurrency company is now the first major centralized exchange (CEX) to launch a TMA globally.
Every day is race day with our new Telegram mini-app #OKX Racer 🏁
— OKX (@okx) July 22, 2024
🔮 Tap to guess #Bitcoin price
🔝 Earn points & use for upgrades
🏆 Battle on the leaderboard for bragging rights
✅ Complete KYC for future surprises
Rev up your engines & invite frens: https://t.co/bhnW622mrm pic.twitter.com/vvwcnVSSJI
The game is simple, giving players the option of whether or not the price of Bitcoin will "moon" in the next five seconds. Or will Bitcoin's price face "doom" in the next five seconds? Players receive points for correct guesses, and lucky players that win consecutively receive multipliers that increase their points.
Additionally, players can use points for in-game upgrades and invite friends to earn rewards for referrals. According to the company, the entertaining game OKX Racer is free to play for everyone and will soon gain popularity on the fast-growing Telegram Mini-App market.
According to Jason Lau, Chief Innovation Officer at OKX, "Telegram's mini-app platform is fast turning into a must-visit location for individuals seeking to interact with the cryptocurrency community. At OKX, we want to support user-friendly, compatible, and easily accessible platforms that foster communities, reward engagement, and promote entertainment. We hope that OKX Racer, our first attempt at using Telegram Mini-Apps, will be well-liked by users and beneficial to the expanding community."
Telegram's mini-app platform is fast becoming a must-visit location for people wishing to interact with the cryptocurrency community, according to Jason Lau, Chief Innovation Officer at OKX. Easy-to-use, accessible, and interoperable platforms that foster communities, reward engagement, and promote entertainment are what we at OKX want to embrace. Our first attempt at using Telegram Mini-Apps is OKX Racer, which we hope will be well-received by users and valuable to the growing community," Lau added.
OKX is not the first company to launch a game that tracks changes in the price of Bitcoin. OKX Racer is very similar to the Bitcoin trading game released in 2019 by the Solana-based derivatives betting platform Hxro. The game involved guessing whether the cryptocurrency's price would rise or fall over a five-minute period.
According to a report by WhaleInsider News, the CEO of Telegram, Pavel Durov, revealed last week that the company would be implementing an in-app browser with Web3 support along with a mini app store to support its blockchain initiatives by the end of July.
According to information shared by Telegram founder Pavel Durov on his Telegram channel, this move will improve Telegram's blockchain-related features. Durov explained that “2024 will be remembered as the year that hundreds of millions of people first learned about blockchain technology. We're honored that Telegram is at the epicenter of this transformation.”
Disclaimer: This information should not be considered financial advice by any means. Please do your own research before making any investment decisions. The views in the articles are personal opinions only. Whale Insider is not responsible for any financial losses incurred.