Bitcoin.com launches permissionless Bitcoin price prediction game
Bitcoin.com has partnered with Web3 game developer Playnance to launch an innovative Web3 game called "Bitcoin Up or Down."
The game allows users to predict Bitcoin price movements and earn rewards based on their predictions.
Players can join either the "up" pool if they believe Bitcoin's price (CRYPTO:BTC) will rise or the "down" pool if they anticipate a price drop.
At the end of each round, winners are rewarded based on their correct predictions.
Bitcoin.com CEO Corbin Fraser emphasised the partnership’s goal of empowering users by providing a dynamic and rewarding crypto trading environment.
Fraser stated, "This reinforces our commitment to making cryptocurrency accessible to all."
The game is available on both desktop and mobile platforms, utilising the PlayBlock chain, a high-speed, zero-gas, EVM-compatible blockchain developed by Playnance.
Bets and rewards in the game are made in Playnance Game Token (USDP), a cryptocurrency pegged to the US Dollar and backed by a treasury of fiat and cryptocurrencies.
The game also features a demo mode where users can place bets and win points without monetary value, allowing them to practice without financial risk.
Playnance’s COO, Yaniv Baruch, highlighted that the integration of their white-label Web3 game into Bitcoin.com’s platform diversifies the company’s offerings and creates a new, interactive way for users to engage with crypto trading.
Baruch added that this move offers a profitable GameFi experience and provides traffic owners, influencers, and entrepreneurs a quick and efficient way to establish a new revenue stream.
Playnance, a B2B Web3 platform and white-label Web3 games provider, operates its GameFi ecosystem on PlayBlock, a Layer3 blockchain built on Arbitrum Orbit.
The platform’s security has been validated through a CertiK audit, which ranked in the top 10% of all audited projects, ensuring a secure and reliable gaming experience.
At the time of reporting, Bitcoin price was $59,131.64.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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