Home Finance News Cryptocurrency Projects are Getting Something Right: Gamified Learn and Earn Competitions

Cryptocurrency Projects are Getting Something Right: Gamified Learn and Earn Competitions

Cryptocurrency interactive learning

The article conveys the opinion of the writer

Relatively new technology doesn’t make waves unless it’s creators put necessary efforts into seeing that people know about it. Knowing comes in different shades, an example is advertising. Advertising has its place in attracting investors, or buyers but education goes a long way to solidify them. Blockchain technology needs a Global adoption and with recent metrics, and news, it has been revealed that it is starting to gain the needed attention- something must be working. 

Coinbase

Blockchain technologies and Cryptocurrency projects are directing necessary energies towards advertising. But beyond that, there is something they are getting right and that is incentivized learning. Learning becomes an adventure when a clear cut goal is set or a reward is at stake. Studies have revealed that incentives and rewards aides learning. Companies like Coinbase started incentivizing their users for learning about crypto and the story afterwards has been very great. 

Coinmarketcap and Binance

After Coinbase, the next big crypto platform that launched the same program in an organized manner is Coinmarketcap. Truth be told CMC hit the right buttons with its huge user base. There is nothing more interesting than learning about crypto while earning the crypto after checking its metrics. For the featured projects it is a huge bump and a very great way to reach new adopters easily. 

Personally, apart from the fact that researching innovations interests me, there is nothing more adventurous than LEarning (you understand? Learning while Earning – LEarning) crypto. It is an avenue to see the beauty of blockchain and bag some home. 

The just-concluded rare NFT quiz competition from Binance Academy (and Trust Wallet) hit the right spot. Many people (I included) do not see the essence of educating themselves by reading Binance academy articles on a normal day. The competition made many check the archives and read something about crypto. I participated, though didn’t win, but I have added value to myself. 

Stellar

Stellar Development Fund (SDF) also started Stellar Quest to educate and reward users about the Stellar Protocol ecosystem. According to SDF, the program will run through several weeks while contestants take a share of 20,000 XLM. Challenging? Yes especially for anyone new to the stellar laboratory. But for puzzle solvers, it is an exciting journey to unlock the king’s chest, loot it, and go home with some ounces of gold. The latter was my experience- no doubt I have learnt something amazing and new about stellar through the first quest. 

Gamify Crypto Learning 

It makes a lot of sense if crypto projects are advised to gamify crypto learning if they want greater adoption. This is because the original Bitcoin miners are gamers. Games like incentivized quizzes as above are a very great way to attract new solid believers. Just like children, gamifying learning helps what has been learnt to stick. 

IMO, a new set of crypto adopters will only be able to read through and learn about the long boring crypto whitepapers and research materials to solidify their beliefs when these processes are gamified.

Instead of distributing airdrops why not make users learning about your product in simple steps through learning and earning. 

The cryptocurrency and blockchain ecosystem is getting something right and that is gamified learn and earn programs. More projects should encourage it. 

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Ayobami Abiola

I am Ayobami Abiola from Nigeria. I am a Cryptocurrency enthusiast who like to write about creative and great innovations- The wonders of the blockchain technology.

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