Niantic is making a deal with Fold to create a mobile game that lets you “capture”bitcoins in augmented reality.
The Fold AR experience is very simplistic and based on the “play to earn”business model. Every ten minutes, players can get Satoshi, a unit of bitcoin equivalent to 0.00000001 bitcoin, or about 0.00048 euros at the current rate, by falling around me on the binary code cubes I have by tapping on the smartphone screen.. A random effect can also cause orange pills to protect against some nasty surprises, purple pills that block the gaming session for an hour or even extend the time. In beta from last May, the full version will be released, allowing users to find, trade, and share bitcoin and other rewards around the world.
Will Reeves, CEO of Fold (a startup that specializes in developing bitcoin cashback solutions), says: “We believe that bitcoin is really just a game. And millions of people around the world are already playing this game every day, seeking to acquire bitcoin through mining, trading, brokerage and profit, seeking financial freedom while avoiding the evils of inflation, currency. control, censorship and other forms of financial humiliation. The only problem is that there will only ever be 21,000,000 bitcoins in existence, of which about 90% have already been found. Fold users alone have already collected billions of Satoshi this year, and we are just getting started. In fact, every person on the planet is already playing this game, but they don’t know it yet. It’s time to start from scratch. ”
Bitcoin and the Metaverse, Niantic’s New Fold Cocktail
Fold AR will also act as a natural extension of the Fold app, which already provides the ability to earn bitcoin through everyday activities such as buying coffee, shopping, paying bills, and even paying taxes. If the experience is open to everyone, Fold cardholders can collect additional bonuses and rewards.